Income in postcode 3104
Half of the 14,369 people in 3104 (Victoria) who lodged a 2023–24 tax return had a taxable income above $57,008.
How it compares
A taxable income of $57,008 is more than about 35% of all Australian taxpayers earned in 2023–24. Across Australia, 3104 ranks #1,057 of 2,283 postcodes by median.
The average is well above the median here, which means a smaller number of high incomes pull the average up. The median is the better guide to a typical income.
Median income over time
The median rose 78% from $31,969 in 2003–04 to $57,008 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $57,008 | $95,168 | 14,369 |
| 2022–23 | $54,759 | $92,673 | 14,109 |
| 2021–22 | $52,318 | $93,672 | 13,677 |
| 2020–21 | $49,713 | $89,710 | 13,529 |
| 2019–20 | $48,646 | $80,000 | 13,602 |
| 2018–19 | $48,853 | $79,169 | 13,555 |
| 2017–18 | $46,153 | $80,434 | 13,541 |
| 2016–17 | $46,046 | $77,813 | 13,158 |
| 2015–16 | $45,278 | $71,648 | 12,994 |
| 2014–15 | $45,007 | $72,038 | 12,966 |
| 2013–14 | $43,566 | $68,773 | 12,969 |
| 2003–04 | $31,969 | $45,024 | 13,375 |
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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.