Income in postcode 3385
Half of the 314 people in 3385 (Victoria) who lodged a 2023–24 tax return had a taxable income above $41,400.
How it compares
A taxable income of $41,400 is more than about 18% of all Australian taxpayers earned in 2023–24. Across Australia, 3385 ranks #2,190 of 2,283 postcodes by median.
The average is well above the median here, which means a smaller number of high incomes pull the average up. The median is the better guide to a typical income.
Median income over time
The median rose 33% from $31,136 in 2014–15 to $41,400 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $41,400 | $62,497 | 314 |
| 2022–23 | $39,556 | $65,733 | 313 |
| 2021–22 | $39,859 | $59,036 | 297 |
| 2020–21 | $39,673 | $51,134 | 289 |
| 2019–20 | $33,367 | $49,526 | 296 |
| 2018–19 | $33,918 | $47,845 | 292 |
| 2017–18 | $31,166 | $40,886 | 283 |
| 2016–17 | $30,515 | $36,280 | 281 |
| 2015–16 | $28,887 | $33,271 | 267 |
| 2014–15 | $31,136 | $37,574 | 242 |
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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.