Income in postcode 3305
Half of the 7,643 people in 3305 (Victoria) who lodged a 2023–24 tax return had a taxable income above $52,479.
How it compares
A taxable income of $52,479 is more than about 30% of all Australian taxpayers earned in 2023–24. Across Australia, 3305 ranks #1,484 of 2,283 postcodes by median.
Median income over time
The median rose 97% from $26,615 in 2003–04 to $52,479 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $52,479 | $62,554 | 7,643 |
| 2022–23 | $49,963 | $60,183 | 7,664 |
| 2021–22 | $47,533 | $58,362 | 7,563 |
| 2020–21 | $45,725 | $55,870 | 7,511 |
| 2019–20 | $44,169 | $54,474 | 7,480 |
| 2018–19 | $44,514 | $54,374 | 7,391 |
| 2017–18 | $42,722 | $52,538 | 7,256 |
| 2016–17 | $40,917 | $50,814 | 7,055 |
| 2015–16 | $40,393 | $50,362 | 6,922 |
| 2014–15 | $39,597 | $50,525 | 6,923 |
| 2013–14 | $38,653 | $49,396 | 7,009 |
| 2003–04 | $26,615 | $32,327 | 7,415 |
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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.