Income in postcode 3936
Half of the 7,935 people in 3936 (Victoria) who lodged a 2023–24 tax return had a taxable income above $51,620.
How it compares
A taxable income of $51,620 is more than about 30% of all Australian taxpayers earned in 2023–24. Across Australia, 3936 ranks #1,557 of 2,283 postcodes by median.
The average is well above the median here, which means a smaller number of high incomes pull the average up. The median is the better guide to a typical income.
Median income over time
The median rose 114% from $24,075 in 2003–04 to $51,620 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $51,620 | $72,670 | 7,935 |
| 2022–23 | $48,899 | $66,865 | 7,830 |
| 2021–22 | $45,508 | $66,820 | 7,694 |
| 2020–21 | $44,937 | $62,215 | 7,644 |
| 2019–20 | $42,593 | $62,389 | 7,431 |
| 2018–19 | $42,295 | $57,567 | 7,245 |
| 2017–18 | $40,378 | $55,124 | 7,112 |
| 2016–17 | $38,292 | $52,894 | 6,816 |
| 2015–16 | $37,684 | $51,002 | 6,416 |
| 2014–15 | $37,426 | $49,939 | 6,011 |
| 2013–14 | $36,207 | $47,739 | 5,608 |
| 2003–04 | $24,075 | $29,678 | 4,985 |
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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.