Income in postcode 3194
Half of the 9,020 people in 3194 (Victoria) who lodged a 2023–24 tax return had a taxable income above $66,321.
How it compares
A taxable income of $66,321 is more than about 44% of all Australian taxpayers earned in 2023–24. Across Australia, 3194 ranks #400 of 2,283 postcodes by median.
Median income over time
The median rose 110% from $31,578 in 2003–04 to $66,321 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $66,321 | $85,522 | 9,020 |
| 2022–23 | $63,151 | $81,132 | 8,902 |
| 2021–22 | $60,522 | $79,988 | 8,727 |
| 2020–21 | $56,247 | $75,448 | 8,726 |
| 2019–20 | $54,982 | $70,311 | 8,945 |
| 2018–19 | $53,264 | $68,902 | 8,959 |
| 2017–18 | $50,670 | $65,776 | 8,916 |
| 2016–17 | $48,549 | $63,414 | 8,769 |
| 2015–16 | $48,090 | $61,969 | 8,658 |
| 2014–15 | $45,499 | $59,634 | 8,621 |
| 2013–14 | $44,620 | $58,820 | 8,561 |
| 2003–04 | $31,578 | $37,724 | 9,522 |
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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.