Income in postcode 3816
Half of the 1,937 people in 3816 (Victoria) who lodged a 2023–24 tax return had a taxable income above $56,850.
How it compares
A taxable income of $56,850 is more than about 35% of all Australian taxpayers earned in 2023–24. Across Australia, 3816 ranks #1,067 of 2,283 postcodes by median.
Median income over time
The median rose 152% from $22,601 in 2003–04 to $56,850 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $56,850 | $65,710 | 1,937 |
| 2022–23 | $54,630 | $62,823 | 1,912 |
| 2021–22 | $49,460 | $57,559 | 1,825 |
| 2020–21 | $47,651 | $54,967 | 1,777 |
| 2019–20 | $45,374 | $51,889 | 1,697 |
| 2018–19 | $44,290 | $50,848 | 1,671 |
| 2017–18 | $41,572 | $49,204 | 1,601 |
| 2016–17 | $39,118 | $45,744 | 1,539 |
| 2015–16 | $38,632 | $43,644 | 1,469 |
| 2014–15 | $38,046 | $43,928 | 1,439 |
| 2013–14 | $36,994 | $44,120 | 1,372 |
| 2003–04 | $22,601 | $27,116 | 1,054 |
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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.