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Postcodes · Victoria

Income in postcode 3124

Half of the 15,956 people in 3124 (Victoria) who lodged a 2023–24 tax return had a taxable income above $66,868.

$66,868median taxable income, 2023–24
$117,496average taxable income
#65of 594 postcodes in Victoria by median

How it compares

A taxable income of $66,868 is more than about 45% of all Australian taxpayers earned in 2023–24. Across Australia, 3124 ranks #379 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 89% from $35,370 in 2003–04 to $66,868 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$40k$80k2003–042015–162020–212023–242003–04: $35,3702013–14: $49,4032014–15: $50,2112015–16: $51,7342016–17: $51,4112017–18: $54,8292018–19: $55,7222019–20: $56,1872020–21: $57,2712021–22: $62,5872022–23: $64,5562023–24: $66,868$66,868
Median taxable income in postcode 3124 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$66,868$117,49615,956
2022–23$64,556$112,72215,719
2021–22$62,587$116,33215,160
2020–21$57,271$104,05615,065
2019–20$56,187$97,74615,283
2018–19$55,722$96,76515,429
2017–18$54,829$93,89215,209
2016–17$51,411$91,47714,952
2015–16$51,734$102,28114,849
2014–15$50,211$89,18514,711
2013–14$49,403$88,64514,702
2003–04$35,370$53,73414,311

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Nearby postcode numbers in Victoria

Postcodes with numbers close to 3124. 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.