Income in postcode 3620
Half of the 4,846 people in 3620 (Victoria) who lodged a 2023–24 tax return had a taxable income above $49,347.
How it compares
A taxable income of $49,347 is more than about 27% of all Australian taxpayers earned in 2023–24. Across Australia, 3620 ranks #1,729 of 2,283 postcodes by median.
Median income over time
The median rose 100% from $24,674 in 2003–04 to $49,347 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $49,347 | $56,131 | 4,846 |
| 2022–23 | $47,191 | $53,761 | 4,807 |
| 2021–22 | $44,244 | $51,106 | 4,764 |
| 2020–21 | $44,235 | $50,023 | 4,688 |
| 2019–20 | $40,902 | $46,500 | 4,628 |
| 2018–19 | $40,307 | $45,536 | 4,606 |
| 2017–18 | $38,654 | $44,162 | 4,506 |
| 2016–17 | $36,876 | $42,182 | 4,404 |
| 2015–16 | $36,080 | $41,314 | 4,407 |
| 2014–15 | $35,608 | $41,379 | 4,331 |
| 2013–14 | $34,414 | $40,345 | 4,272 |
| 2003–04 | $24,674 | $28,567 | 4,613 |
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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.