Income in postcode 3557
Half of the 563 people in 3557 (Victoria) who lodged a 2023–24 tax return had a taxable income above $55,197.
How it compares
A taxable income of $55,197 is more than about 33% of all Australian taxpayers earned in 2023–24. Across Australia, 3557 ranks #1,235 of 2,283 postcodes by median.
Median income over time
The median rose 109% from $26,363 in 2003–04 to $55,197 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $55,197 | $67,871 | 563 |
| 2022–23 | $50,418 | $61,820 | 570 |
| 2021–22 | $51,388 | $59,831 | 538 |
| 2020–21 | $46,653 | $56,146 | 516 |
| 2019–20 | $44,748 | $52,832 | 509 |
| 2018–19 | $45,670 | $54,053 | 500 |
| 2017–18 | $42,969 | $50,387 | 446 |
| 2016–17 | $38,350 | $45,982 | 434 |
| 2015–16 | $40,076 | $45,301 | 423 |
| 2014–15 | $37,234 | $43,684 | 416 |
| 2013–14 | $37,749 | $43,618 | 386 |
| 2003–04 | $26,363 | $28,725 | 382 |
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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.