Income in postcode 2022
Half of the 10,572 people in 2022 (NSW) who lodged a 2023–24 tax return had a taxable income above $71,243.
How it compares
A taxable income of $71,243 is more than about 49% of all Australian taxpayers earned in 2023–24. Across Australia, 2022 ranks #209 of 2,283 postcodes by median.
The average is well above the median here, which means a smaller number of high incomes pull the average up. The median is the better guide to a typical income.
Median income over time
The median rose 122% from $32,021 in 2003–04 to $71,243 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $71,243 | $120,808 | 10,572 |
| 2022–23 | $67,724 | $119,117 | 10,059 |
| 2021–22 | $66,897 | $116,534 | 9,548 |
| 2020–21 | $65,699 | $114,600 | 9,328 |
| 2019–20 | $59,743 | $100,606 | 9,626 |
| 2018–19 | $57,980 | $97,183 | 9,708 |
| 2017–18 | $56,602 | $97,562 | 9,633 |
| 2016–17 | $53,625 | $88,690 | 9,543 |
| 2015–16 | $52,286 | $85,624 | 9,078 |
| 2014–15 | $50,683 | $82,920 | 9,039 |
| 2013–14 | $49,748 | $78,217 | 9,017 |
| 2003–04 | $32,021 | $48,150 | 8,292 |
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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.