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Postcodes · NSW

Income in postcode 2340

Half of the 32,017 people in 2340 (NSW) who lodged a 2023–24 tax return had a taxable income above $56,461.

$56,461median taxable income, 2023–24
$66,370average taxable income
#295of 589 postcodes in NSW by median

How it compares

A taxable income of $56,461 is more than about 35% of all Australian taxpayers earned in 2023–24. Across Australia, 2340 ranks #1,115 of 2,283 postcodes by median.

Median income over time

The median rose 107% from $27,222 in 2003–04 to $56,461 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$30k$60k2003–042015–162020–212023–242003–04: $27,2222013–14: $39,5962014–15: $40,5822015–16: $42,0932016–17: $42,6252017–18: $44,1792018–19: $45,6122019–20: $46,7602020–21: $49,3832021–22: $51,0842022–23: $53,4332023–24: $56,461$56,461
Median taxable income in postcode 2340 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$56,461$66,37032,017
2022–23$53,433$62,50631,445
2021–22$51,084$61,54230,441
2020–21$49,383$56,92729,835
2019–20$46,760$53,65029,154
2018–19$45,612$52,09429,154
2017–18$44,179$52,33928,723
2016–17$42,625$49,87728,005
2015–16$42,093$49,23027,364
2014–15$40,582$47,77526,739
2013–14$39,596$46,31826,616
2003–04$27,222$30,96124,907

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Nearby postcode numbers in NSW

Postcodes with numbers close to 2340. 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.