Income in postcode 2040
Half of the 14,957 people in 2040 (NSW) who lodged a 2023–24 tax return had a taxable income above $85,182.
How it compares
A taxable income of $85,182 is more than about 60% of all Australian taxpayers earned in 2023–24. Across Australia, 2040 ranks #44 of 2,283 postcodes by median.
Median income over time
The median rose 119% from $38,936 in 2003–04 to $85,182 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $85,182 | $118,709 | 14,957 |
| 2022–23 | $82,581 | $113,092 | 14,629 |
| 2021–22 | $78,986 | $110,287 | 14,163 |
| 2020–21 | $75,387 | $104,994 | 13,934 |
| 2019–20 | $72,151 | $97,592 | 14,342 |
| 2018–19 | $69,394 | $95,025 | 14,321 |
| 2017–18 | $66,946 | $92,048 | 13,870 |
| 2016–17 | $64,599 | $87,522 | 13,449 |
| 2015–16 | $63,428 | $86,509 | 13,258 |
| 2014–15 | $60,551 | $82,041 | 13,200 |
| 2013–14 | $59,110 | $78,983 | 12,932 |
| 2003–04 | $38,936 | $47,797 | 12,824 |
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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.