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Postcodes · Victoria

Income in postcode 3038

Half of the 16,557 people in 3038 (Victoria) who lodged a 2023–24 tax return had a taxable income above $58,699.

$58,699median taxable income, 2023–24
$71,453average taxable income
#194of 594 postcodes in Victoria by median

How it compares

A taxable income of $58,699 is more than about 37% of all Australian taxpayers earned in 2023–24. Across Australia, 3038 ranks #917 of 2,283 postcodes by median.

Median income over time

The median rose 97% from $29,726 in 2003–04 to $58,699 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$30k$60k2003–042015–162020–212023–242003–04: $29,7262013–14: $42,3562014–15: $42,8012015–16: $43,6972016–17: $44,9042017–18: $46,3452018–19: $48,4232019–20: $48,7622020–21: $50,2562021–22: $52,5592022–23: $56,3412023–24: $58,699$58,699
Median taxable income in postcode 3038 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$58,699$71,45316,557
2022–23$56,341$67,40116,564
2021–22$52,559$64,21116,370
2020–21$50,256$61,60616,283
2019–20$48,762$58,45016,622
2018–19$48,423$57,58416,871
2017–18$46,345$56,02017,028
2016–17$44,904$54,13016,937
2015–16$43,697$52,28716,942
2014–15$42,801$50,93916,795
2013–14$42,356$50,18116,878
2003–04$29,726$33,54818,996

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Nearby postcode numbers in Victoria

Postcodes with numbers close to 3038. 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.