City of Sydney

Sources of income

Households in the City of 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

Current benchmark:
Comparison year:
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Sources of income per household
City of Sydney2023/242018/19Change
Economic measure$New South Wales$$ New South Wales$2018/19 to 2023/24
Wages & salaries135,665.51109,819.99122,185.06103,726.01+13,480
Property income38,523.6629,040.1630,266.3426,066.70+8,257
Business income20,295.3217,751.8620,451.3420,677.18-156
Superannuation19,108.8215,385.4717,302.2915,088.02+1,807
Cash benefits5,018.8815,801.034,763.8816,567.55+255
Total income before tax218,612.18187,798.51194,968.91182,125.46+23,643
Tax paid-56,907.70-36,101.26-43,622.63-31,457.85-13,285
Interest paid-9,131.60-13,751.83-6,892.46-9,514.23-2,239
Other payments/statistical discrepancy23,036.2719,762.0619,379.0619,404.56+3,657
Total disposable income175,609.16157,807.48163,832.88160,657.93+11,776
Ratio of cash benefits to tax paid0.090.440.110.530

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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City of Sydney

economic profile