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Postcodes · Victoria

Income in postcode 3198

Half of the 10,455 people in 3198 (Victoria) who lodged a 2023–24 tax return had a taxable income above $61,757.

$61,757median taxable income, 2023–24
$71,350average taxable income
#127of 594 postcodes in Victoria by median

How it compares

A taxable income of $61,757 is more than about 40% of all Australian taxpayers earned in 2023–24. Across Australia, 3198 ranks #651 of 2,283 postcodes by median.

Median income over time

The median rose 120% from $28,061 in 2003–04 to $61,757 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$40k$80k2003–042015–162020–212023–242003–04: $28,0612013–14: $41,5142014–15: $43,1482015–16: $44,1262016–17: $45,6162017–18: $46,9022018–19: $48,8642019–20: $50,0712020–21: $52,4732021–22: $53,9312022–23: $58,8972023–24: $61,757$61,757
Median taxable income in postcode 3198 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$61,757$71,35010,455
2022–23$58,897$67,44610,232
2021–22$53,931$63,00510,097
2020–21$52,473$60,5129,876
2019–20$50,071$56,8899,966
2018–19$48,864$55,3369,888
2017–18$46,902$53,7059,750
2016–17$45,616$51,6359,531
2015–16$44,126$49,7199,243
2014–15$43,148$48,4209,007
2013–14$41,514$46,7618,847
2003–04$28,061$30,5978,997

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Nearby postcode numbers in Victoria

Postcodes with numbers close to 3198. Close numbers are usually, but not always, close places.

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.