Income in postcode 3181
Half of the 15,394 people in 3181 (Victoria) who lodged a 2023–24 tax return had a taxable income above $73,915.
How it compares
A taxable income of $73,915 is more than about 51% of all Australian taxpayers earned in 2023–24. Across Australia, 3181 ranks #149 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 108% from $35,530 in 2003–04 to $73,915 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $73,915 | $104,152 | 15,394 |
| 2022–23 | $73,144 | $102,053 | 14,721 |
| 2021–22 | $70,690 | $104,694 | 13,941 |
| 2020–21 | $66,813 | $93,145 | 13,811 |
| 2019–20 | $64,796 | $87,883 | 14,560 |
| 2018–19 | $62,499 | $85,610 | 14,944 |
| 2017–18 | $59,501 | $80,360 | 14,875 |
| 2016–17 | $55,404 | $75,360 | 14,782 |
| 2015–16 | $49,917 | $68,544 | 15,558 |
| 2014–15 | $52,670 | $71,369 | 13,701 |
| 2013–14 | $50,735 | $69,528 | 13,185 |
| 2003–04 | $35,530 | $45,636 | 11,520 |
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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.