Income in postcode 3166
Half of the 16,725 people in 3166 (Victoria) who lodged a 2023–24 tax return had a taxable income above $61,686.
How it compares
A taxable income of $61,686 is more than about 40% of all Australian taxpayers earned in 2023–24. Across Australia, 3166 ranks #655 of 2,283 postcodes by median.
Median income over time
The median rose 109% from $29,530 in 2003–04 to $61,686 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $61,686 | $77,605 | 16,725 |
| 2022–23 | $59,914 | $78,898 | 16,179 |
| 2021–22 | $56,480 | $72,835 | 15,550 |
| 2020–21 | $52,233 | $66,997 | 15,390 |
| 2019–20 | $49,256 | $62,979 | 15,205 |
| 2018–19 | $48,472 | $61,174 | 14,887 |
| 2017–18 | $47,253 | $59,685 | 14,527 |
| 2016–17 | $46,076 | $57,373 | 14,055 |
| 2015–16 | $45,716 | $56,406 | 13,672 |
| 2014–15 | $45,283 | $54,508 | 13,250 |
| 2013–14 | $43,805 | $53,097 | 13,108 |
| 2003–04 | $29,530 | $33,569 | 11,755 |
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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.