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Postcodes · Victoria

Income in postcode 3220

Half of the 11,843 people in 3220 (Victoria) who lodged a 2023–24 tax return had a taxable income above $62,091.

$62,091median taxable income, 2023–24
$99,039average taxable income
#123of 594 postcodes in Victoria by median

How it compares

A taxable income of $62,091 is more than about 40% of all Australian taxpayers earned in 2023–24. Across Australia, 3220 ranks #634 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 105% from $30,248 in 2003–04 to $62,091 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$40k$80k2003–042015–162020–212023–242003–04: $30,2482013–14: $43,5022014–15: $45,0552015–16: $46,6022016–17: $48,6512017–18: $50,4752018–19: $51,2982019–20: $53,3942020–21: $56,4432021–22: $57,8462022–23: $60,4262023–24: $62,091$62,091
Median taxable income in postcode 3220 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$62,091$99,03911,843
2022–23$60,426$95,95511,702
2021–22$57,846$93,58611,450
2020–21$56,443$88,77211,498
2019–20$53,394$78,25411,560
2018–19$51,298$78,11011,351
2017–18$50,475$77,65211,194
2016–17$48,651$70,38111,008
2015–16$46,602$77,66210,816
2014–15$45,055$68,86810,865
2013–14$43,502$65,12910,773
2003–04$30,248$41,54510,353

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Nearby postcode numbers in Victoria

Postcodes with numbers close to 3220. 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.