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Postcodes · Victoria

Income in postcode 3240

Half of the 1,538 people in 3240 (Victoria) who lodged a 2023–24 tax return had a taxable income above $58,962.

$58,962median taxable income, 2023–24
$76,632average taxable income
#188of 594 postcodes in Victoria by median

How it compares

A taxable income of $58,962 is more than about 37% of all Australian taxpayers earned in 2023–24. Across Australia, 3240 ranks #894 of 2,283 postcodes by median.

Median income over time

The median rose 114% from $27,588 in 2003–04 to $58,962 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$30k$60k2003–042015–162020–212023–242003–04: $27,5882013–14: $36,6732014–15: $39,1222015–16: $39,8642016–17: $41,0082017–18: $44,4952018–19: $49,0622019–20: $48,6862020–21: $52,7752021–22: $55,2502022–23: $55,3912023–24: $58,962$58,962
Median taxable income in postcode 3240 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$58,962$76,6321,538
2022–23$55,391$72,6141,506
2021–22$55,250$71,5961,502
2020–21$52,775$66,9621,424
2019–20$48,686$64,4671,390
2018–19$49,062$61,2361,351
2017–18$44,495$59,0811,321
2016–17$41,008$54,7231,312
2015–16$39,864$53,3171,313
2014–15$39,122$50,9361,310
2013–14$36,673$47,4431,272
2003–04$27,588$32,6271,091

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Nearby postcode numbers in Victoria

Postcodes with numbers close to 3240. 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.