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Postcodes · Victoria

Income in postcode 3842

Half of the 2,587 people in 3842 (Victoria) who lodged a 2023–24 tax return had a taxable income above $50,835.

$50,835median taxable income, 2023–24
$59,145average taxable income
#399of 594 postcodes in Victoria by median

How it compares

A taxable income of $50,835 is more than about 29% of all Australian taxpayers earned in 2023–24. Across Australia, 3842 ranks #1,627 of 2,283 postcodes by median.

Median income over time

The median rose 106% from $24,698 in 2003–04 to $50,835 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$30k$60k2003–042015–162020–212023–242003–04: $24,6982013–14: $38,9062014–15: $39,2052015–16: $39,5482016–17: $39,7742017–18: $41,0262018–19: $42,9652019–20: $42,8312020–21: $44,8702021–22: $45,6362022–23: $48,0572023–24: $50,835$50,835
Median taxable income in postcode 3842 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$50,835$59,1452,587
2022–23$48,057$56,2732,560
2021–22$45,636$53,7482,542
2020–21$44,870$53,2012,451
2019–20$42,831$50,6622,372
2018–19$42,965$51,7492,326
2017–18$41,026$50,3042,260
2016–17$39,774$51,9402,204
2015–16$39,548$50,2502,196
2014–15$39,205$50,7442,153
2013–14$38,906$49,4952,218
2003–04$24,698$30,1642,381

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Nearby postcode numbers in Victoria

Postcodes with numbers close to 3842. 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.