Income in postcode 3223
Half of the 5,932 people in 3223 (Victoria) who lodged a 2023–24 tax return had a taxable income above $47,119.
How it compares
A taxable income of $47,119 is more than about 25% of all Australian taxpayers earned in 2023–24. Across Australia, 3223 ranks #1,913 of 2,283 postcodes by median.
Median income over time
The median rose 111% from $22,304 in 2003–04 to $47,119 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $47,119 | $63,006 | 5,932 |
| 2022–23 | $45,132 | $59,460 | 5,676 |
| 2021–22 | $43,485 | $59,648 | 5,437 |
| 2020–21 | $41,444 | $58,208 | 5,107 |
| 2019–20 | $39,122 | $52,931 | 4,709 |
| 2018–19 | $38,324 | $52,582 | 4,382 |
| 2017–18 | $36,923 | $51,295 | 4,200 |
| 2016–17 | $35,439 | $54,178 | 3,899 |
| 2015–16 | $33,930 | $44,784 | 3,622 |
| 2014–15 | $34,125 | $45,070 | 3,543 |
| 2013–14 | $31,974 | $43,142 | 3,412 |
| 2003–04 | $22,304 | $28,929 | 2,844 |
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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.