CompareMyIncome

Postcodes · NSW

Income in postcode 2020

Half of the 15,385 people in 2020 (NSW) who lodged a 2023–24 tax return had a taxable income above $54,027.

$54,027median taxable income, 2023–24
$68,198average taxable income
#347of 589 postcodes in NSW by median

How it compares

A taxable income of $54,027 is more than about 32% of all Australian taxpayers earned in 2023–24. Across Australia, 2020 ranks #1,346 of 2,283 postcodes by median.

Median income over time

The median rose 81% from $29,793 in 2003–04 to $54,027 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$30k$60k2003–042015–162020–212023–242003–04: $29,7932013–14: $47,1192014–15: $47,6042015–16: $48,8622016–17: $48,6422017–18: $47,9442018–19: $47,8552019–20: $47,3642020–21: $50,5892021–22: $52,9622022–23: $56,0322023–24: $54,027$54,027
Median taxable income in postcode 2020 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$54,027$68,19815,385
2022–23$56,032$67,57715,085
2021–22$52,962$65,96614,886
2020–21$50,589$62,58814,884
2019–20$47,364$58,63214,297
2018–19$47,855$57,45113,526
2017–18$47,944$57,73012,022
2016–17$48,642$57,42010,931
2015–16$48,862$57,7679,856
2014–15$47,604$55,3378,972
2013–14$47,119$54,7168,092
2003–04$29,793$33,2195,752

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Nearby postcode numbers in NSW

Postcodes with numbers close to 2020. Close numbers are usually, but not always, close places.

Source: ATO Taxation Statistics 2023–24, Individuals Table 8 (CC BY 2.5 AU): everyone who lodged a return with this residential postcode. Taxable income is income after deductions. Postcodes with fewer than 100 returns are left out.