Income in postcode 3442
Half of the 5,263 people in 3442 (Victoria) who lodged a 2023–24 tax return had a taxable income above $62,634.
How it compares
A taxable income of $62,634 is more than about 41% of all Australian taxpayers earned in 2023–24. Across Australia, 3442 ranks #599 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 116% from $29,010 in 2003–04 to $62,634 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $62,634 | $88,279 | 5,263 |
| 2022–23 | $60,386 | $88,112 | 5,187 |
| 2021–22 | $58,122 | $85,317 | 5,025 |
| 2020–21 | $56,195 | $78,063 | 4,969 |
| 2019–20 | $52,272 | $72,840 | 4,876 |
| 2018–19 | $51,732 | $72,281 | 4,780 |
| 2017–18 | $49,147 | $68,276 | 4,639 |
| 2016–17 | $46,593 | $65,091 | 4,498 |
| 2015–16 | $45,340 | $61,918 | 4,320 |
| 2014–15 | $43,045 | $60,002 | 4,235 |
| 2013–14 | $42,895 | $58,926 | 4,200 |
| 2003–04 | $29,010 | $35,011 | 3,894 |
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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.