Income in postcode 3862
Half of the 2,387 people in 3862 (Victoria) who lodged a 2023–24 tax return had a taxable income above $53,259.
How it compares
A taxable income of $53,259 is more than about 31% of all Australian taxpayers earned in 2023–24. Across Australia, 3862 ranks #1,414 of 2,283 postcodes by median.
Median income over time
The median rose 129% from $23,281 in 2003–04 to $53,259 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $53,259 | $61,609 | 2,387 |
| 2022–23 | $49,836 | $58,013 | 2,267 |
| 2021–22 | $48,229 | $55,715 | 2,215 |
| 2020–21 | $46,816 | $53,845 | 2,077 |
| 2019–20 | $42,056 | $50,408 | 1,974 |
| 2018–19 | $41,358 | $49,025 | 1,963 |
| 2017–18 | $40,123 | $48,971 | 1,861 |
| 2016–17 | $38,969 | $48,168 | 1,811 |
| 2015–16 | $37,919 | $47,962 | 1,779 |
| 2014–15 | $37,900 | $49,499 | 1,739 |
| 2013–14 | $36,026 | $45,851 | 1,721 |
| 2003–04 | $23,281 | $27,034 | 1,731 |
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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.