Income in postcode 3126
Half of the 5,661 people in 3126 (Victoria) who lodged a 2023–24 tax return had a taxable income above $68,259.
How it compares
A taxable income of $68,259 is more than about 46% of all Australian taxpayers earned in 2023–24. Across Australia, 3126 ranks #316 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 71% from $39,936 in 2003–04 to $68,259 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $68,259 | $143,151 | 5,661 |
| 2022–23 | $64,347 | $141,546 | 5,548 |
| 2021–22 | $66,441 | $146,840 | 5,420 |
| 2020–21 | $61,874 | $126,767 | 5,411 |
| 2019–20 | $59,641 | $119,156 | 5,558 |
| 2018–19 | $60,649 | $120,322 | 5,528 |
| 2017–18 | $58,608 | $127,985 | 5,591 |
| 2016–17 | $57,702 | $123,239 | 5,476 |
| 2015–16 | $55,976 | $128,112 | 5,445 |
| 2014–15 | $55,105 | $115,520 | 5,474 |
| 2013–14 | $54,392 | $122,004 | 5,546 |
| 2003–04 | $39,936 | $71,060 | 5,699 |
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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.