Income in postcode 3870
Half of the 727 people in 3870 (Victoria) who lodged a 2023–24 tax return had a taxable income above $44,794.
How it compares
A taxable income of $44,794 is more than about 22% of all Australian taxpayers earned in 2023–24. Across Australia, 3870 ranks #2,055 of 2,283 postcodes by median.
Median income over time
The median rose 97% from $22,737 in 2003–04 to $44,794 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $44,794 | $57,933 | 727 |
| 2022–23 | $43,682 | $54,151 | 735 |
| 2021–22 | $44,990 | $52,138 | 736 |
| 2020–21 | $43,693 | $51,413 | 725 |
| 2019–20 | $41,009 | $49,079 | 705 |
| 2018–19 | $38,175 | $46,473 | 694 |
| 2017–18 | $35,567 | $47,676 | 693 |
| 2016–17 | $34,939 | $45,997 | 698 |
| 2015–16 | $35,457 | $46,340 | 698 |
| 2014–15 | $35,224 | $45,449 | 672 |
| 2013–14 | $36,624 | $45,791 | 684 |
| 2003–04 | $22,737 | $28,752 | 702 |
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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.