Banana Shire

Sources of income

Households in Banana Shire have a higher amount of disposable income compared to Queensland.

Household disposable income is a measure of the amount of income available to an average household in the area. It varies depending on the jobs held by the residents, amount of property and business income, and cash benefits provided by government, which are related to the socio-economic status of the area. Areas with high unemployment, large numbers of retirees and others out of the workforce may have a high cash benefits component.

This information gives an insight into both the sources of income and how much your residents have available to spend in the area. This dataset should be viewed in conjunction with Worker productivity, Local workers income data, and Gross Regional Product data on the size of the residential economy.

Data source

National Economics (NIEIR) - Modelled series

Current benchmark:
Comparison year:
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Sources of income per household
Banana Shire2023/242018/19Change
Economic measure$Queensland$$ Queensland$2018/19 to 2023/24
Wages & salaries99,007.78102,389.04105,488.2293,777.75-6,480
Property income14,583.9423,949.4115,988.6621,578.72-1,405
Business income52,041.8416,481.1947,780.3017,168.48+4,262
Superannuation7,569.1312,688.147,902.9212,490.09-334
Cash benefits15,353.7917,076.6216,209.8217,952.09-856
Total income before tax188,556.47172,584.40193,369.91162,967.13-4,813
Tax paid-39,422.86-30,122.30-39,779.89-25,752.37+357
Interest paid-7,720.91-13,122.22-7,454.40-9,810.17-267
Other payments/statistical discrepancy29,009.6616,367.3828,447.7315,047.85+562
Total disposable income170,422.37145,807.26174,583.35142,552.45-4,161
Ratio of cash benefits to tax paid0.390.570.410.700

Source: National Institute of Economic and Industry Research (NIEIR) ©2025. Compiled and presented in economy.id by .id (informed decisions). Note: All $ values are expressed in 2022/23 base year dollar terms. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn more

Please refer to specific data notes for more information
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Banana Shire

economic profile