Income in postcode 3163
Half of the 23,568 people in 3163 (Victoria) who lodged a 2023–24 tax return had a taxable income above $65,641.
How it compares
A taxable income of $65,641 is more than about 44% of all Australian taxpayers earned in 2023–24. Across Australia, 3163 ranks #426 of 2,283 postcodes by median.
Median income over time
The median rose 118% from $30,139 in 2003–04 to $65,641 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $65,641 | $83,798 | 23,568 |
| 2022–23 | $62,520 | $80,370 | 23,118 |
| 2021–22 | $59,392 | $78,800 | 21,829 |
| 2020–21 | $55,730 | $73,241 | 21,428 |
| 2019–20 | $53,357 | $69,556 | 21,963 |
| 2018–19 | $50,654 | $65,932 | 21,820 |
| 2017–18 | $49,594 | $63,887 | 21,065 |
| 2016–17 | $47,839 | $61,509 | 20,313 |
| 2015–16 | $47,595 | $60,426 | 19,596 |
| 2014–15 | $46,682 | $59,180 | 19,096 |
| 2013–14 | $45,607 | $57,912 | 19,007 |
| 2003–04 | $30,139 | $36,360 | 17,455 |
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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.