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Postcodes · Victoria

Income in postcode 3720

Half of the 449 people in 3720 (Victoria) who lodged a 2023–24 tax return had a taxable income above $47,960.

$47,960median taxable income, 2023–24
$60,236average taxable income
#473of 594 postcodes in Victoria by median

How it compares

A taxable income of $47,960 is more than about 26% of all Australian taxpayers earned in 2023–24. Across Australia, 3720 ranks #1,853 of 2,283 postcodes by median.

Median income over time

The median rose 142% from $19,815 in 2003–04 to $47,960 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$30k$60k2003–042015–162020–212023–242003–04: $19,8152013–14: $29,4222014–15: $31,2872015–16: $33,7362016–17: $34,9102017–18: $34,1082018–19: $36,8522019–20: $34,7892020–21: $40,0882021–22: $39,6502022–23: $42,7152023–24: $47,960$47,960
Median taxable income in postcode 3720 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$47,960$60,236449
2022–23$42,715$54,816449
2021–22$39,650$51,270431
2020–21$40,088$50,541421
2019–20$34,789$45,834351
2018–19$36,852$45,371355
2017–18$34,108$42,236339
2016–17$34,910$45,589311
2015–16$33,736$43,049318
2014–15$31,287$37,985305
2013–14$29,422$37,877313
2003–04$19,815$22,582308

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Nearby postcode numbers in Victoria

Postcodes with numbers close to 3720. Close numbers are usually, but not always, close places.

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.