Income in postcode 3588
Half of the 240 people in 3588 (Victoria) who lodged a 2023–24 tax return had a taxable income above $45,390.
How it compares
A taxable income of $45,390 is more than about 23% of all Australian taxpayers earned in 2023–24. Across Australia, 3588 ranks #2,014 of 2,283 postcodes by median.
Median income over time
The median rose 11% from $40,765 in 2018–19 to $45,390 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $45,390 | $51,907 | 240 |
| 2022–23 | $43,360 | $47,156 | 252 |
| 2021–22 | $42,573 | $45,541 | 204 |
| 2020–21 | $41,816 | $46,347 | 203 |
| 2019–20 | $40,175 | $43,779 | 203 |
| 2018–19 | $40,765 | $43,783 | 201 |
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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.