Income in postcode 3129
Half of the 11,886 people in 3129 (Victoria) who lodged a 2023–24 tax return had a taxable income above $53,114.
How it compares
A taxable income of $53,114 is more than about 31% of all Australian taxpayers earned in 2023–24. Across Australia, 3129 ranks #1,430 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 $29,886 in 2003–04 to $53,114 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $53,114 | $75,262 | 11,886 |
| 2022–23 | $51,798 | $74,384 | 11,509 |
| 2021–22 | $49,249 | $72,598 | 11,023 |
| 2020–21 | $47,629 | $67,348 | 10,878 |
| 2019–20 | $45,141 | $63,628 | 10,969 |
| 2018–19 | $44,972 | $62,675 | 10,797 |
| 2017–18 | $43,505 | $60,832 | 10,468 |
| 2016–17 | $42,178 | $59,509 | 10,081 |
| 2015–16 | $41,859 | $58,236 | 9,811 |
| 2014–15 | $41,789 | $57,237 | 9,597 |
| 2013–14 | $41,362 | $56,611 | 9,512 |
| 2003–04 | $29,886 | $36,237 | 9,137 |
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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.