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Postcodes · Victoria

Income in postcode 3161

Half of the 12,301 people in 3161 (Victoria) who lodged a 2023–24 tax return had a taxable income above $70,511.

$70,511median taxable income, 2023–24
$127,664average taxable income
#34of 594 postcodes in Victoria by median

How it compares

A taxable income of $70,511 is more than about 48% of all Australian taxpayers earned in 2023–24. Across Australia, 3161 ranks #225 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 102% from $34,852 in 2003–04 to $70,511 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$40k$80k2003–042015–162020–212023–242003–04: $34,8522013–14: $51,8342014–15: $53,5772015–16: $54,6042016–17: $54,9232017–18: $57,0342018–19: $58,3612019–20: $59,3462020–21: $61,3642021–22: $66,0232022–23: $68,0362023–24: $70,511$70,511
Median taxable income in postcode 3161 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$70,511$127,66412,301
2022–23$68,036$118,73811,974
2021–22$66,023$121,38111,280
2020–21$61,364$108,78610,985
2019–20$59,346$103,73311,106
2018–19$58,361$101,58511,074
2017–18$57,034$97,90810,955
2016–17$54,923$93,70010,511
2015–16$54,604$90,38810,158
2014–15$53,577$89,00910,040
2013–14$51,834$85,2899,872
2003–04$34,852$48,0068,887

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Nearby postcode numbers in Victoria

Postcodes with numbers close to 3161. 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.