Income in postcode 3024
Half of the 25,936 people in 3024 (Victoria) who lodged a 2023–24 tax return had a taxable income above $59,172.
How it compares
A taxable income of $59,172 is more than about 37% of all Australian taxpayers earned in 2023–24. Across Australia, 3024 ranks #876 of 2,283 postcodes by median.
Median income over time
The median rose 87% from $31,707 in 2003–04 to $59,172 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $59,172 | $67,597 | 25,936 |
| 2022–23 | $57,089 | $65,722 | 23,553 |
| 2021–22 | $53,973 | $62,764 | 21,094 |
| 2020–21 | $51,478 | $58,573 | 19,017 |
| 2019–20 | $50,220 | $56,213 | 17,382 |
| 2018–19 | $48,854 | $54,203 | 15,831 |
| 2017–18 | $47,508 | $53,173 | 14,339 |
| 2016–17 | $45,694 | $50,391 | 13,276 |
| 2015–16 | $45,138 | $49,607 | 12,265 |
| 2014–15 | $44,846 | $48,763 | 11,362 |
| 2013–14 | $44,540 | $48,521 | 10,804 |
| 2003–04 | $31,707 | $33,474 | 4,270 |
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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.