Income in postcode 3048
Half of the 8,082 people in 3048 (Victoria) who lodged a 2023–24 tax return had a taxable income above $42,897.
How it compares
A taxable income of $42,897 is more than about 20% of all Australian taxpayers earned in 2023–24. Across Australia, 3048 ranks #2,157 of 2,283 postcodes by median.
Median income over time
The median rose 82% from $23,581 in 2003–04 to $42,897 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $42,897 | $49,946 | 8,082 |
| 2022–23 | $43,214 | $49,012 | 7,900 |
| 2021–22 | $38,897 | $45,666 | 7,689 |
| 2020–21 | $38,473 | $44,753 | 7,566 |
| 2019–20 | $36,767 | $41,416 | 7,574 |
| 2018–19 | $36,179 | $40,741 | 7,457 |
| 2017–18 | $35,048 | $40,305 | 7,121 |
| 2016–17 | $34,832 | $39,752 | 6,793 |
| 2015–16 | $34,611 | $38,956 | 6,642 |
| 2014–15 | $33,115 | $37,593 | 6,617 |
| 2013–14 | $33,657 | $37,288 | 6,456 |
| 2003–04 | $23,581 | $26,074 | 7,392 |
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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.