CompareMyIncome

Postcodes · Victoria

Income in postcode 3340

Half of the 16,029 people in 3340 (Victoria) who lodged a 2023–24 tax return had a taxable income above $61,422.

$61,422median taxable income, 2023–24
$73,274average taxable income
#136of 594 postcodes in Victoria by median

How it compares

A taxable income of $61,422 is more than about 40% of all Australian taxpayers earned in 2023–24. Across Australia, 3340 ranks #678 of 2,283 postcodes by median.

Median income over time

The median rose 116% from $28,393 in 2003–04 to $61,422 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$40k$80k2003–042015–162020–212023–242003–04: $28,3932013–14: $43,1192014–15: $44,1482015–16: $44,9962016–17: $46,4072017–18: $48,6772018–19: $50,5482019–20: $51,3542020–21: $53,3592021–22: $55,5122022–23: $58,8552023–24: $61,422$61,422
Median taxable income in postcode 3340 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$61,422$73,27416,029
2022–23$58,855$70,09015,630
2021–22$55,512$70,05615,268
2020–21$53,359$63,51014,850
2019–20$51,354$60,89414,225
2018–19$50,548$59,15713,507
2017–18$48,677$57,80912,928
2016–17$46,407$54,93712,247
2015–16$44,996$53,55011,758
2014–15$44,148$52,78411,381
2013–14$43,119$51,06011,041
2003–04$28,393$32,7019,154

How does your income compare?

Enter your income and postcode in the calculator to see where you sit.

Open the income calculator

Nearby postcode numbers in Victoria

Postcodes with numbers close to 3340. 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.