Income in postcode 3172
Half of the 14,275 people in 3172 (Victoria) who lodged a 2023–24 tax return had a taxable income above $52,024.
How it compares
A taxable income of $52,024 is more than about 30% of all Australian taxpayers earned in 2023–24. Across Australia, 3172 ranks #1,523 of 2,283 postcodes by median.
Median income over time
The median rose 82% from $28,539 in 2003–04 to $52,024 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $52,024 | $62,990 | 14,275 |
| 2022–23 | $50,033 | $60,312 | 13,977 |
| 2021–22 | $46,614 | $57,575 | 13,714 |
| 2020–21 | $44,769 | $55,027 | 13,366 |
| 2019–20 | $42,810 | $51,584 | 13,521 |
| 2018–19 | $42,787 | $51,202 | 13,403 |
| 2017–18 | $41,389 | $49,562 | 13,251 |
| 2016–17 | $40,484 | $48,451 | 12,884 |
| 2015–16 | $39,677 | $47,148 | 12,708 |
| 2014–15 | $38,916 | $46,429 | 12,372 |
| 2013–14 | $38,300 | $45,772 | 12,305 |
| 2003–04 | $28,539 | $33,449 | 12,621 |
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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.