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Postcodes · Victoria

Income in postcode 3850

Half of the 8,933 people in 3850 (Victoria) who lodged a 2023–24 tax return had a taxable income above $54,343.

$54,343median taxable income, 2023–24
$70,656average taxable income
#299of 594 postcodes in Victoria by median

How it compares

A taxable income of $54,343 is more than about 32% of all Australian taxpayers earned in 2023–24. Across Australia, 3850 ranks #1,311 of 2,283 postcodes by median.

Median income over time

The median rose 113% from $25,531 in 2003–04 to $54,343 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$30k$60k2003–042015–162020–212023–242003–04: $25,5312013–14: $39,5732014–15: $39,6632015–16: $40,2412016–17: $40,8222017–18: $42,4542018–19: $44,2432019–20: $45,4902020–21: $47,2952021–22: $49,1122022–23: $52,5172023–24: $54,343$54,343
Median taxable income in postcode 3850 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$54,343$70,6568,933
2022–23$52,517$66,7948,831
2021–22$49,112$63,8908,696
2020–21$47,295$61,0608,628
2019–20$45,490$58,4548,486
2018–19$44,243$58,1478,361
2017–18$42,454$55,4188,208
2016–17$40,822$53,7518,019
2015–16$40,241$55,5348,110
2014–15$39,663$54,9168,136
2013–14$39,573$53,8187,975
2003–04$25,531$30,9558,446

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Nearby postcode numbers in Victoria

Postcodes with numbers close to 3850. 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.