Income in postcode 3898
Half of the 442 people in 3898 (Victoria) who lodged a 2023–24 tax return had a taxable income above $46,172.
How it compares
A taxable income of $46,172 is more than about 24% of all Australian taxpayers earned in 2023–24. Across Australia, 3898 ranks #1,973 of 2,283 postcodes by median.
Median income over time
The median rose 120% from $20,969 in 2003–04 to $46,172 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $46,172 | $58,158 | 442 |
| 2022–23 | $43,428 | $52,071 | 418 |
| 2021–22 | $41,696 | $51,808 | 411 |
| 2020–21 | $41,361 | $49,206 | 405 |
| 2019–20 | $38,448 | $45,093 | 401 |
| 2018–19 | $33,934 | $40,976 | 426 |
| 2017–18 | $36,953 | $44,333 | 429 |
| 2016–17 | $34,503 | $39,484 | 393 |
| 2015–16 | $30,227 | $36,481 | 405 |
| 2014–15 | $30,259 | $36,966 | 399 |
| 2013–14 | $28,454 | $35,388 | 402 |
| 2003–04 | $20,969 | $22,603 | 430 |
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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.