Income in postcode 3318
Half of the 719 people in 3318 (Victoria) who lodged a 2023–24 tax return had a taxable income above $46,125.
How it compares
A taxable income of $46,125 is more than about 24% of all Australian taxpayers earned in 2023–24. Across Australia, 3318 ranks #1,976 of 2,283 postcodes by median.
Median income over time
The median rose 92% from $24,053 in 2003–04 to $46,125 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $46,125 | $56,212 | 719 |
| 2022–23 | $44,465 | $53,136 | 726 |
| 2021–22 | $45,579 | $56,268 | 714 |
| 2020–21 | $44,697 | $51,324 | 691 |
| 2019–20 | $42,232 | $51,904 | 709 |
| 2018–19 | $44,479 | $53,870 | 720 |
| 2017–18 | $37,049 | $45,075 | 734 |
| 2016–17 | $37,733 | $44,062 | 715 |
| 2015–16 | $33,556 | $39,644 | 721 |
| 2014–15 | $35,626 | $40,536 | 719 |
| 2013–14 | $30,739 | $36,314 | 742 |
| 2003–04 | $24,053 | $27,927 | 840 |
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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.