Income in postcode 3004
Half of the 9,913 people in 3004 (Victoria) who lodged a 2023–24 tax return had a taxable income above $66,111.
How it compares
A taxable income of $66,111 is more than about 44% of all Australian taxpayers earned in 2023–24. Across Australia, 3004 ranks #405 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 80% from $36,787 in 2003–04 to $66,111 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $66,111 | $97,143 | 9,913 |
| 2022–23 | $64,624 | $89,543 | 9,435 |
| 2021–22 | $63,691 | $96,605 | 8,882 |
| 2020–21 | $60,877 | $92,235 | 8,669 |
| 2019–20 | $58,744 | $88,749 | 8,710 |
| 2018–19 | $57,629 | $83,531 | 8,596 |
| 2017–18 | $56,465 | $119,389 | 8,178 |
| 2016–17 | $56,087 | $88,947 | 7,360 |
| 2015–16 | $56,433 | $87,809 | 6,941 |
| 2014–15 | $53,768 | $86,624 | 7,084 |
| 2013–14 | $53,004 | $92,513 | 6,869 |
| 2003–04 | $36,787 | $67,390 | 4,090 |
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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.