Income in postcode 3804
Half of the 5,448 people in 3804 (Victoria) who lodged a 2023–24 tax return had a taxable income above $58,551.
How it compares
A taxable income of $58,551 is more than about 37% of all Australian taxpayers earned in 2023–24. Across Australia, 3804 ranks #929 of 2,283 postcodes by median.
The average is well above the median here, which means a smaller number of high incomes pull the average up. The median is the better guide to a typical income.
Median income over time
The median rose 80% from $32,606 in 2003–04 to $58,551 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $58,551 | $87,054 | 5,448 |
| 2022–23 | $56,961 | $81,078 | 5,457 |
| 2021–22 | $55,922 | $79,380 | 5,385 |
| 2020–21 | $53,846 | $80,715 | 5,372 |
| 2019–20 | $50,506 | $70,944 | 5,436 |
| 2018–19 | $49,073 | $71,434 | 5,475 |
| 2017–18 | $48,417 | $72,733 | 5,395 |
| 2016–17 | $45,699 | $64,373 | 5,373 |
| 2015–16 | $44,622 | $60,874 | 5,183 |
| 2014–15 | $43,620 | $59,697 | 5,110 |
| 2013–14 | $42,127 | $60,164 | 4,841 |
| 2003–04 | $32,606 | $39,814 | 5,050 |
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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.