CompareMyIncome

Postcodes · Victoria

Income in postcode 3505

Half of the 2,860 people in 3505 (Victoria) who lodged a 2023–24 tax return had a taxable income above $49,842.

$49,842median taxable income, 2023–24
$58,740average taxable income
#419of 594 postcodes in Victoria by median

How it compares

A taxable income of $49,842 is more than about 28% of all Australian taxpayers earned in 2023–24. Across Australia, 3505 ranks #1,691 of 2,283 postcodes by median.

Median income over time

The median rose 133% from $21,409 in 2003–04 to $49,842 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$30k$60k2003–042015–162020–212023–242003–04: $21,4092013–14: $34,4662014–15: $35,1022015–16: $36,2162016–17: $37,4032017–18: $38,7482018–19: $41,0232019–20: $42,0532020–21: $43,7162021–22: $45,5362022–23: $48,3562023–24: $49,842$49,842
Median taxable income in postcode 3505 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$49,842$58,7402,860
2022–23$48,356$53,5702,779
2021–22$45,536$50,1412,753
2020–21$43,716$49,8932,717
2019–20$42,053$47,5622,657
2018–19$41,023$45,9962,700
2017–18$38,748$45,3372,622
2016–17$37,403$42,5032,562
2015–16$36,216$41,5982,534
2014–15$35,102$40,5052,415
2013–14$34,466$39,1842,383
2003–04$21,409$24,8322,543

How does your income compare?

Enter your income and postcode in the calculator to see where you sit.

Open the income calculator

Nearby postcode numbers in Victoria

Postcodes with numbers close to 3505. 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.