CompareMyIncome

Postcodes · Victoria

Income in postcode 3114

Half of the 2,680 people in 3114 (Victoria) who lodged a 2023–24 tax return had a taxable income above $66,307.

$66,307median taxable income, 2023–24
$105,841average taxable income
#74of 594 postcodes in Victoria by median

How it compares

A taxable income of $66,307 is more than about 44% of all Australian taxpayers earned in 2023–24. Across Australia, 3114 ranks #402 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 108% from $31,929 in 2003–04 to $66,307 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$40k$80k2003–042015–162020–212023–242003–04: $31,9292013–14: $46,7272014–15: $47,1582015–16: $50,9812016–17: $50,9492017–18: $54,8042018–19: $53,3322019–20: $53,7222020–21: $57,6582021–22: $59,3912022–23: $64,9592023–24: $66,307$66,307
Median taxable income in postcode 3114 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$66,307$105,8412,680
2022–23$64,959$104,0432,650
2021–22$59,391$103,7952,543
2020–21$57,658$97,3592,561
2019–20$53,722$89,8162,531
2018–19$53,332$87,4862,542
2017–18$54,804$90,5942,554
2016–17$50,949$81,4212,506
2015–16$50,981$85,0212,496
2014–15$47,158$87,4832,509
2013–14$46,727$85,4512,471
2003–04$31,929$47,9402,499

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 3114. 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.