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Postcodes · Victoria

Income in postcode 3831

Half of the 1,199 people in 3831 (Victoria) who lodged a 2023–24 tax return had a taxable income above $51,510.

$51,510median taxable income, 2023–24
$74,311average taxable income
#383of 594 postcodes in Victoria by median

How it compares

A taxable income of $51,510 is more than about 29% of all Australian taxpayers earned in 2023–24. Across Australia, 3831 ranks #1,571 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 135% from $21,899 in 2003–04 to $51,510 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$30k$60k2003–042015–162020–212023–242003–04: $21,8992013–14: $35,8472014–15: $36,6132015–16: $37,1172016–17: $36,4942017–18: $38,2322018–19: $40,6932019–20: $41,9232020–21: $44,2802021–22: $45,4872022–23: $47,9752023–24: $51,510$51,510
Median taxable income in postcode 3831 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$51,510$74,3111,199
2022–23$47,975$69,3541,178
2021–22$45,487$64,6651,158
2020–21$44,280$58,7751,131
2019–20$41,923$52,8811,134
2018–19$40,693$51,6601,105
2017–18$38,232$49,6271,046
2016–17$36,494$47,3841,015
2015–16$37,117$47,340973
2014–15$36,613$45,861940
2013–14$35,847$45,892915
2003–04$21,899$28,336867

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Nearby postcode numbers in Victoria

Postcodes with numbers close to 3831. 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.