Income in postcode 3518
Half of the 670 people in 3518 (Victoria) who lodged a 2023–24 tax return had a taxable income above $47,355.
How it compares
A taxable income of $47,355 is more than about 25% of all Australian taxpayers earned in 2023–24. Across Australia, 3518 ranks #1,893 of 2,283 postcodes by median.
Median income over time
The median rose 155% from $18,563 in 2003–04 to $47,355 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $47,355 | $56,628 | 670 |
| 2022–23 | $42,128 | $49,264 | 671 |
| 2021–22 | $40,416 | $49,145 | 671 |
| 2020–21 | $38,276 | $47,520 | 652 |
| 2019–20 | $37,014 | $45,924 | 640 |
| 2018–19 | $35,859 | $43,368 | 614 |
| 2017–18 | $34,446 | $40,240 | 603 |
| 2016–17 | $29,644 | $37,283 | 609 |
| 2015–16 | $27,284 | $34,445 | 606 |
| 2014–15 | $28,553 | $33,609 | 604 |
| 2013–14 | $29,192 | $36,918 | 615 |
| 2003–04 | $18,563 | $21,565 | 678 |
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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.