Income in postcode 3450
Half of the 4,237 people in 3450 (Victoria) who lodged a 2023–24 tax return had a taxable income above $48,243.
How it compares
A taxable income of $48,243 is more than about 26% of all Australian taxpayers earned in 2023–24. Across Australia, 3450 ranks #1,832 of 2,283 postcodes by median.
Median income over time
The median rose 102% from $23,860 in 2003–04 to $48,243 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $48,243 | $63,250 | 4,237 |
| 2022–23 | $44,554 | $58,303 | 4,105 |
| 2021–22 | $43,927 | $57,802 | 3,973 |
| 2020–21 | $43,821 | $55,662 | 3,989 |
| 2019–20 | $38,965 | $50,356 | 3,990 |
| 2018–19 | $38,856 | $49,617 | 3,956 |
| 2017–18 | $38,368 | $48,534 | 3,955 |
| 2016–17 | $35,698 | $44,682 | 3,961 |
| 2015–16 | $35,803 | $44,228 | 4,018 |
| 2014–15 | $34,940 | $42,816 | 3,990 |
| 2013–14 | $35,417 | $42,649 | 4,012 |
| 2003–04 | $23,860 | $29,298 | 4,147 |
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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.