Income in postcode 3400
Half of the 9,045 people in 3400 (Victoria) who lodged a 2023–24 tax return had a taxable income above $54,350.
How it compares
A taxable income of $54,350 is more than about 32% of all Australian taxpayers earned in 2023–24. Across Australia, 3400 ranks #1,310 of 2,283 postcodes by median.
Median income over time
The median rose 107% from $26,196 in 2003–04 to $54,350 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $54,350 | $64,936 | 9,045 |
| 2022–23 | $51,387 | $60,562 | 8,903 |
| 2021–22 | $49,264 | $58,935 | 8,835 |
| 2020–21 | $47,463 | $54,928 | 8,833 |
| 2019–20 | $44,525 | $52,029 | 8,750 |
| 2018–19 | $43,240 | $49,997 | 8,536 |
| 2017–18 | $41,397 | $47,378 | 8,408 |
| 2016–17 | $39,306 | $45,742 | 8,292 |
| 2015–16 | $38,028 | $44,193 | 8,180 |
| 2014–15 | $37,656 | $44,447 | 8,141 |
| 2013–14 | $37,474 | $44,273 | 8,180 |
| 2003–04 | $26,196 | $28,973 | 7,764 |
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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.