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Postcodes · Victoria

Income in postcode 3162

Half of the 12,434 people in 3162 (Victoria) who lodged a 2023–24 tax return had a taxable income above $69,501.

$69,501median taxable income, 2023–24
$106,499average taxable income
#41of 594 postcodes in Victoria by median

How it compares

A taxable income of $69,501 is more than about 47% of all Australian taxpayers earned in 2023–24. Across Australia, 3162 ranks #253 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 112% from $32,820 in 2003–04 to $69,501 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$40k$80k2003–042015–162020–212023–242003–04: $32,8202013–14: $47,6012014–15: $48,6572015–16: $49,8702016–17: $51,6782017–18: $53,7032018–19: $55,1352019–20: $54,8592020–21: $57,9942021–22: $63,5962022–23: $65,5612023–24: $69,501$69,501
Median taxable income in postcode 3162 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$69,501$106,49912,434
2022–23$65,561$101,86112,130
2021–22$63,596$101,53911,815
2020–21$57,994$90,40611,713
2019–20$54,859$84,40711,934
2018–19$55,135$83,31911,902
2017–18$53,703$83,58512,016
2016–17$51,678$78,25311,899
2015–16$49,870$78,49011,697
2014–15$48,657$74,97911,561
2013–14$47,601$72,74011,399
2003–04$32,820$47,19011,714

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Nearby postcode numbers in Victoria

Postcodes with numbers close to 3162. 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.