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Postcodes · Victoria

Income in postcode 3431

Half of the 2,782 people in 3431 (Victoria) who lodged a 2023–24 tax return had a taxable income above $60,389.

$60,389median taxable income, 2023–24
$81,818average taxable income
#157of 594 postcodes in Victoria by median

How it compares

A taxable income of $60,389 is more than about 39% of all Australian taxpayers earned in 2023–24. Across Australia, 3431 ranks #758 of 2,283 postcodes by median.

Median income over time

The median rose 99% from $30,321 in 2003–04 to $60,389 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$40k$80k2003–042015–162020–212023–242003–04: $30,3212013–14: $42,6402014–15: $45,3562015–16: $45,7122016–17: $47,6122017–18: $49,0672018–19: $50,5112019–20: $50,8172020–21: $53,5132021–22: $55,3572022–23: $57,1092023–24: $60,389$60,389
Median taxable income in postcode 3431 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$60,389$81,8182,782
2022–23$57,109$72,6802,762
2021–22$55,357$70,3972,755
2020–21$53,513$68,1192,699
2019–20$50,817$63,1922,629
2018–19$50,511$62,0002,585
2017–18$49,067$60,6662,553
2016–17$47,612$57,5352,493
2015–16$45,712$55,5252,448
2014–15$45,356$54,6322,402
2013–14$42,640$52,2842,399
2003–04$30,321$35,5081,989

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Nearby postcode numbers in Victoria

Postcodes with numbers close to 3431. 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.