Income in postcode 3516
Half of the 446 people in 3516 (Victoria) who lodged a 2023–24 tax return had a taxable income above $55,745.
How it compares
A taxable income of $55,745 is more than about 34% of all Australian taxpayers earned in 2023–24. Across Australia, 3516 ranks #1,179 of 2,283 postcodes by median.
Median income over time
The median rose 116% from $25,802 in 2003–04 to $55,745 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $55,745 | $66,976 | 446 |
| 2022–23 | $46,270 | $60,206 | 446 |
| 2021–22 | $47,341 | $61,052 | 454 |
| 2020–21 | $45,413 | $53,998 | 435 |
| 2019–20 | $45,800 | $53,246 | 415 |
| 2018–19 | $42,370 | $49,002 | 429 |
| 2017–18 | $40,964 | $48,744 | 425 |
| 2016–17 | $36,443 | $42,919 | 392 |
| 2015–16 | $33,658 | $38,458 | 388 |
| 2014–15 | $34,222 | $41,332 | 365 |
| 2013–14 | $32,636 | $38,535 | 368 |
| 2003–04 | $25,802 | $26,401 | 373 |
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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.