Income in postcode 3141
Half of the 19,596 people in 3141 (Victoria) who lodged a 2023–24 tax return had a taxable income above $72,858.
How it compares
A taxable income of $72,858 is more than about 50% of all Australian taxpayers earned in 2023–24. Across Australia, 3141 ranks #168 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 99% from $36,559 in 2003–04 to $72,858 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $72,858 | $119,816 | 19,596 |
| 2022–23 | $70,962 | $120,207 | 19,168 |
| 2021–22 | $70,554 | $128,008 | 18,289 |
| 2020–21 | $66,346 | $117,464 | 18,177 |
| 2019–20 | $65,707 | $104,577 | 18,714 |
| 2018–19 | $63,833 | $104,310 | 19,027 |
| 2017–18 | $60,798 | $106,257 | 18,844 |
| 2016–17 | $58,110 | $98,178 | 18,360 |
| 2015–16 | $55,585 | $99,538 | 17,587 |
| 2014–15 | $54,170 | $98,625 | 16,967 |
| 2013–14 | $53,088 | $98,607 | 16,455 |
| 2003–04 | $36,559 | $55,568 | 12,788 |
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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.