Income in postcode 2050
Half of the 5,926 people in 2050 (NSW) who lodged a 2023–24 tax return had a taxable income above $77,327.
How it compares
A taxable income of $77,327 is more than about 54% of all Australian taxpayers earned in 2023–24. Across Australia, 2050 ranks #92 of 2,283 postcodes by median.
Median income over time
The median rose 91% from $40,571 in 2003–04 to $77,327 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $77,327 | $99,176 | 5,926 |
| 2022–23 | $76,516 | $95,819 | 5,939 |
| 2021–22 | $74,214 | $94,603 | 5,798 |
| 2020–21 | $70,564 | $88,619 | 5,774 |
| 2019–20 | $69,045 | $86,344 | 5,768 |
| 2018–19 | $67,756 | $84,833 | 5,864 |
| 2017–18 | $64,504 | $82,369 | 5,931 |
| 2016–17 | $63,365 | $81,260 | 5,729 |
| 2015–16 | $60,969 | $76,065 | 5,617 |
| 2014–15 | $59,752 | $74,358 | 5,409 |
| 2013–14 | $60,498 | $75,181 | 5,079 |
| 2003–04 | $40,571 | $47,988 | 3,727 |
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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.