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Postcodes · NSW

Income in postcode 2031

Half of the 25,348 people in 2031 (NSW) who lodged a 2023–24 tax return had a taxable income above $76,469.

$76,469median taxable income, 2023–24
$119,981average taxable income
#44of 589 postcodes in NSW by median

How it compares

A taxable income of $76,469 is more than about 53% of all Australian taxpayers earned in 2023–24. Across Australia, 2031 ranks #105 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 111% from $36,225 in 2003–04 to $76,469 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$40k$80k2003–042015–162020–212023–242003–04: $36,2252013–14: $56,1292014–15: $57,7952015–16: $59,8532016–17: $60,4892017–18: $62,9882018–19: $65,7582019–20: $67,2012020–21: $71,3812021–22: $74,2792022–23: $75,5582023–24: $76,469$76,469
Median taxable income in postcode 2031 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$76,469$119,98125,348
2022–23$75,558$117,18724,089
2021–22$74,279$120,48523,035
2020–21$71,381$109,98622,605
2019–20$67,201$101,36323,132
2018–19$65,758$98,47923,235
2017–18$62,988$94,73623,350
2016–17$60,489$90,20523,425
2015–16$59,853$89,07723,160
2014–15$57,795$84,63923,078
2013–14$56,129$83,25922,769
2003–04$36,225$47,10522,148

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Nearby postcode numbers in NSW

Postcodes with numbers close to 2031. 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.