Income in postcode 3018
Half of the 8,749 people in 3018 (Victoria) who lodged a 2023–24 tax return had a taxable income above $70,408.
How it compares
A taxable income of $70,408 is more than about 48% of all Australian taxpayers earned in 2023–24. Across Australia, 3018 ranks #229 of 2,283 postcodes by median.
Median income over time
The median rose 132% from $30,338 in 2003–04 to $70,408 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $70,408 | $87,586 | 8,749 |
| 2022–23 | $67,816 | $83,362 | 8,483 |
| 2021–22 | $64,896 | $80,630 | 8,198 |
| 2020–21 | $61,021 | $74,897 | 8,195 |
| 2019–20 | $57,301 | $71,563 | 8,295 |
| 2018–19 | $56,537 | $68,462 | 8,225 |
| 2017–18 | $53,002 | $66,632 | 8,001 |
| 2016–17 | $50,158 | $61,481 | 7,968 |
| 2015–16 | $48,963 | $59,517 | 7,647 |
| 2014–15 | $47,350 | $56,915 | 7,471 |
| 2013–14 | $46,589 | $55,882 | 7,273 |
| 2003–04 | $30,338 | $34,777 | 7,290 |
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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.