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Postcodes · Victoria

Income in postcode 3414

Half of the 946 people in 3414 (Victoria) who lodged a 2023–24 tax return had a taxable income above $51,268.

$51,268median taxable income, 2023–24
$78,047average taxable income
#388of 594 postcodes in Victoria by median

How it compares

A taxable income of $51,268 is more than about 29% of all Australian taxpayers earned in 2023–24. Across Australia, 3414 ranks #1,590 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 105% from $25,007 in 2003–04 to $51,268 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$30k$60k2003–042015–162020–212023–242003–04: $25,0072013–14: $39,4272014–15: $39,1242015–16: $35,0612016–17: $38,9952017–18: $40,4002018–19: $41,2232019–20: $45,9202020–21: $46,9522021–22: $45,8352022–23: $50,8122023–24: $51,268$51,268
Median taxable income in postcode 3414 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$51,268$78,047946
2022–23$50,812$62,840950
2021–22$45,835$58,590938
2020–21$46,952$57,639920
2019–20$45,920$53,264907
2018–19$41,223$54,149907
2017–18$40,400$48,459889
2016–17$38,995$44,889889
2015–16$35,061$41,640883
2014–15$39,124$45,794876
2013–14$39,427$46,439891
2003–04$25,007$28,5401,041

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Nearby postcode numbers in Victoria

Postcodes with numbers close to 3414. 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.