Income in postcode 3174
Half of the 24,082 people in 3174 (Victoria) who lodged a 2023–24 tax return had a taxable income above $48,527.
How it compares
A taxable income of $48,527 is more than about 26% of all Australian taxpayers earned in 2023–24. Across Australia, 3174 ranks #1,804 of 2,283 postcodes by median.
Median income over time
The median rose 84% from $26,422 in 2003–04 to $48,527 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $48,527 | $53,951 | 24,082 |
| 2022–23 | $47,629 | $52,457 | 23,483 |
| 2021–22 | $44,832 | $49,648 | 22,671 |
| 2020–21 | $42,782 | $47,144 | 22,231 |
| 2019–20 | $40,137 | $44,335 | 22,709 |
| 2018–19 | $39,850 | $43,556 | 21,977 |
| 2017–18 | $38,735 | $42,600 | 20,905 |
| 2016–17 | $38,330 | $41,639 | 19,929 |
| 2015–16 | $37,904 | $41,091 | 19,176 |
| 2014–15 | $37,496 | $40,574 | 18,443 |
| 2013–14 | $37,158 | $40,238 | 17,892 |
| 2003–04 | $26,422 | $28,083 | 17,589 |
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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.