Income in postcode 3205
Half of the 9,671 people in 3205 (Victoria) who lodged a 2023–24 tax return had a taxable income above $69,273.
How it compares
A taxable income of $69,273 is more than about 47% of all Australian taxpayers earned in 2023–24. Across Australia, 3205 ranks #269 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 84% from $37,625 in 2003–04 to $69,273 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $69,273 | $103,773 | 9,671 |
| 2022–23 | $69,917 | $108,040 | 9,063 |
| 2021–22 | $69,271 | $106,903 | 8,340 |
| 2020–21 | $66,388 | $96,179 | 7,780 |
| 2019–20 | $64,622 | $91,661 | 8,010 |
| 2018–19 | $62,542 | $89,971 | 8,179 |
| 2017–18 | $60,116 | $88,994 | 8,033 |
| 2016–17 | $58,874 | $85,837 | 7,428 |
| 2015–16 | $57,310 | $89,561 | 7,294 |
| 2014–15 | $55,112 | $80,476 | 7,350 |
| 2013–14 | $54,690 | $81,888 | 7,177 |
| 2003–04 | $37,625 | $51,923 | 6,114 |
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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.