Income in postcode 3556
Half of the 8,178 people in 3556 (Victoria) who lodged a 2023–24 tax return had a taxable income above $52,855.
How it compares
A taxable income of $52,855 is more than about 31% of all Australian taxpayers earned in 2023–24. Across Australia, 3556 ranks #1,452 of 2,283 postcodes by median.
Median income over time
The median rose 119% from $24,151 in 2003–04 to $52,855 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $52,855 | $57,828 | 8,178 |
| 2022–23 | $50,854 | $55,551 | 7,995 |
| 2021–22 | $47,068 | $52,235 | 7,830 |
| 2020–21 | $46,504 | $51,098 | 7,526 |
| 2019–20 | $44,547 | $48,447 | 7,398 |
| 2018–19 | $43,235 | $46,794 | 7,130 |
| 2017–18 | $40,978 | $45,021 | 6,970 |
| 2016–17 | $38,893 | $42,942 | 6,670 |
| 2015–16 | $38,038 | $42,367 | 6,423 |
| 2014–15 | $37,548 | $41,501 | 6,258 |
| 2013–14 | $36,239 | $40,716 | 6,068 |
| 2003–04 | $24,151 | $25,888 | 5,633 |
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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.