Income in postcode 3051
Half of the 10,771 people in 3051 (Victoria) who lodged a 2023–24 tax return had a taxable income above $53,834.
How it compares
A taxable income of $53,834 is more than about 32% of all Australian taxpayers earned in 2023–24. Across Australia, 3051 ranks #1,372 of 2,283 postcodes by median.
Median income over time
The median rose 99% from $27,100 in 2003–04 to $53,834 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $53,834 | $73,975 | 10,771 |
| 2022–23 | $52,739 | $71,796 | 10,442 |
| 2021–22 | $52,111 | $72,409 | 9,757 |
| 2020–21 | $50,483 | $69,941 | 9,199 |
| 2019–20 | $48,818 | $67,138 | 9,223 |
| 2018–19 | $46,487 | $63,070 | 9,309 |
| 2017–18 | $44,400 | $61,332 | 8,811 |
| 2016–17 | $42,385 | $58,687 | 8,581 |
| 2015–16 | $41,076 | $59,529 | 7,939 |
| 2014–15 | $40,702 | $61,061 | 7,611 |
| 2013–14 | $41,356 | $55,890 | 7,329 |
| 2003–04 | $27,100 | $34,405 | 5,370 |
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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.