Greater Sydney

Sources of income

Households in Greater Sydney have a higher amount of disposable income compared to New South Wales.

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

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Current benchmark:
Comparison year:
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Sources of income per household
Greater Sydney2023/242018/19Change
Economic measure$New South Wales$$ New South Wales$2018/19 to 2023/24
Wages & salaries127,692.87109,819.99121,027.57103,726.01+6,665
Property income32,601.1229,040.1629,522.8126,066.70+3,078
Business income17,948.6417,751.8621,791.1920,677.18-3,843
Superannuation16,335.3615,385.4716,382.6115,088.02-47
Cash benefits12,463.7515,801.0313,002.0716,567.55-538
Total income before tax207,041.74187,798.51201,726.24182,125.46+5,315
Tax paid-43,589.88-36,101.26-37,790.82-31,457.85-5,799
Interest paid-15,472.44-13,751.83-10,918.94-9,514.23-4,554
Other payments/statistical discrepancy24,656.6119,762.0623,992.6019,404.56+664
Total disposable income172,636.03157,807.48177,009.09160,657.93-4,373
Ratio of cash benefits to tax paid0.290.440.340.530

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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Greater Sydney

economic profile