Income in postcode 3688
Half of the 978 people in 3688 (Victoria) who lodged a 2023–24 tax return had a taxable income above $56,203.
How it compares
A taxable income of $56,203 is more than about 34% of all Australian taxpayers earned in 2023–24. Across Australia, 3688 ranks #1,137 of 2,283 postcodes by median.
Median income over time
The median rose 90% from $29,590 in 2003–04 to $56,203 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $56,203 | $66,300 | 978 |
| 2022–23 | $53,691 | $64,442 | 978 |
| 2021–22 | $51,691 | $63,745 | 924 |
| 2020–21 | $49,882 | $62,723 | 879 |
| 2019–20 | $47,407 | $55,101 | 888 |
| 2018–19 | $47,097 | $52,968 | 873 |
| 2017–18 | $46,798 | $52,403 | 830 |
| 2016–17 | $42,329 | $49,493 | 812 |
| 2015–16 | $42,959 | $47,649 | 817 |
| 2014–15 | $41,367 | $47,910 | 772 |
| 2013–14 | $41,484 | $47,186 | 777 |
| 2003–04 | $29,590 | $32,573 | 806 |
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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.