CompareMyIncome

Postcodes · Victoria

Income in postcode 3029

Half of the 96,220 people in 3029 (Victoria) who lodged a 2023–24 tax return had a taxable income above $52,005.

$52,005median taxable income, 2023–24
$60,836average taxable income
#362of 594 postcodes in Victoria by median

How it compares

A taxable income of $52,005 is more than about 30% of all Australian taxpayers earned in 2023–24. Across Australia, 3029 ranks #1,525 of 2,283 postcodes by median.

Median income over time

The median rose 64% from $31,639 in 2003–04 to $52,005 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$30k$60k2003–042015–162020–212023–242003–04: $31,6392013–14: $42,7632014–15: $42,8452015–16: $43,2422016–17: $43,3412017–18: $44,2342018–19: $45,2552019–20: $45,6182020–21: $47,6422021–22: $49,8842022–23: $51,5772023–24: $52,005$52,005
Median taxable income in postcode 3029 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$52,005$60,83696,220
2022–23$51,577$59,55988,530
2021–22$49,884$57,65080,121
2020–21$47,642$54,96173,448
2019–20$45,618$52,02169,056
2018–19$45,255$50,92664,518
2017–18$44,234$50,24859,381
2016–17$43,341$48,97954,200
2015–16$43,242$48,12950,354
2014–15$42,845$47,66246,542
2013–14$42,763$47,56643,713
2003–04$31,639$34,13424,882

How does your income compare?

Enter your income and postcode in the calculator to see where you sit.

Open the income calculator

Nearby postcode numbers in Victoria

Postcodes with numbers close to 3029. 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.