Income in postcode 3640
Half of the 687 people in 3640 (Victoria) who lodged a 2023–24 tax return had a taxable income above $43,856.
How it compares
A taxable income of $43,856 is more than about 21% of all Australian taxpayers earned in 2023–24. Across Australia, 3640 ranks #2,115 of 2,283 postcodes by median.
Median income over time
The median rose 109% from $20,950 in 2003–04 to $43,856 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $43,856 | $52,005 | 687 |
| 2022–23 | $40,566 | $46,827 | 666 |
| 2021–22 | $40,364 | $46,333 | 671 |
| 2020–21 | $41,178 | $44,464 | 667 |
| 2019–20 | $37,791 | $40,333 | 649 |
| 2018–19 | $34,660 | $38,652 | 658 |
| 2017–18 | $34,549 | $40,531 | 628 |
| 2016–17 | $30,703 | $34,397 | 633 |
| 2015–16 | $28,564 | $35,371 | 632 |
| 2014–15 | $29,722 | $38,733 | 589 |
| 2013–14 | $30,669 | $37,376 | 577 |
| 2003–04 | $20,950 | $21,394 | 625 |
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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.