Income in postcode 3023
Half of the 37,968 people in 3023 (Victoria) who lodged a 2023–24 tax return had a taxable income above $55,779.
How it compares
A taxable income of $55,779 is more than about 34% of all Australian taxpayers earned in 2023–24. Across Australia, 3023 ranks #1,174 of 2,283 postcodes by median.
Median income over time
The median rose 79% from $31,099 in 2003–04 to $55,779 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $55,779 | $65,470 | 37,968 |
| 2022–23 | $54,315 | $63,009 | 37,364 |
| 2021–22 | $51,179 | $60,111 | 36,592 |
| 2020–21 | $49,494 | $57,916 | 35,656 |
| 2019–20 | $48,542 | $55,821 | 35,793 |
| 2018–19 | $48,000 | $54,552 | 35,362 |
| 2017–18 | $46,285 | $53,627 | 34,441 |
| 2016–17 | $44,586 | $51,082 | 33,632 |
| 2015–16 | $44,184 | $50,419 | 32,700 |
| 2014–15 | $43,331 | $49,158 | 31,629 |
| 2013–14 | $42,829 | $48,526 | 30,904 |
| 2003–04 | $31,099 | $32,725 | 16,427 |
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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.