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Postcodes · Victoria

Income in postcode 3940

Half of the 2,501 people in 3940 (Victoria) who lodged a 2023–24 tax return had a taxable income above $47,940.

$47,940median taxable income, 2023–24
$57,524average taxable income
#475of 594 postcodes in Victoria by median

How it compares

A taxable income of $47,940 is more than about 26% of all Australian taxpayers earned in 2023–24. Across Australia, 3940 ranks #1,857 of 2,283 postcodes by median.

Median income over time

The median rose 144% from $19,643 in 2003–04 to $47,940 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$30k$60k2003–042015–162020–212023–242003–04: $19,6432013–14: $30,8962014–15: $32,6722015–16: $34,6282016–17: $34,6782017–18: $35,1452018–19: $37,4292019–20: $38,3412020–21: $40,2772021–22: $41,1572022–23: $44,2712023–24: $47,940$47,940
Median taxable income in postcode 3940 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$47,940$57,5242,501
2022–23$44,271$53,1222,399
2021–22$41,157$53,7992,359
2020–21$40,277$48,8172,364
2019–20$38,341$45,5642,320
2018–19$37,429$44,4712,330
2017–18$35,145$43,0902,243
2016–17$34,678$41,1332,203
2015–16$34,628$40,8322,123
2014–15$32,672$40,8162,010
2013–14$30,896$38,8801,916
2003–04$19,643$24,7581,745

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Nearby postcode numbers in Victoria

Postcodes with numbers close to 3940. 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.