Income in postcode 2047
Half of the 8,114 people in 2047 (NSW) who lodged a 2023–24 tax return had a taxable income above $80,213.
How it compares
A taxable income of $80,213 is more than about 56% of all Australian taxpayers earned in 2023–24. Across Australia, 2047 ranks #73 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 91% from $42,017 in 2003–04 to $80,213 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $80,213 | $128,336 | 8,114 |
| 2022–23 | $77,809 | $122,025 | 8,000 |
| 2021–22 | $76,386 | $120,152 | 7,729 |
| 2020–21 | $72,505 | $111,020 | 7,737 |
| 2019–20 | $69,061 | $106,374 | 8,050 |
| 2018–19 | $66,925 | $99,678 | 8,094 |
| 2017–18 | $65,217 | $98,108 | 8,061 |
| 2016–17 | $63,528 | $93,589 | 7,920 |
| 2015–16 | $62,821 | $93,342 | 7,763 |
| 2014–15 | $62,417 | $91,443 | 7,678 |
| 2013–14 | $60,843 | $90,204 | 7,626 |
| 2003–04 | $42,017 | $56,142 | 7,708 |
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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.