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Postcodes · Victoria

Income in postcode 3942

Half of the 1,789 people in 3942 (Victoria) who lodged a 2023–24 tax return had a taxable income above $52,117.

$52,117median taxable income, 2023–24
$91,978average taxable income
#359of 594 postcodes in Victoria by median

How it compares

A taxable income of $52,117 is more than about 30% of all Australian taxpayers earned in 2023–24. Across Australia, 3942 ranks #1,516 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 127% from $22,984 in 2003–04 to $52,117 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$30k$60k2003–042015–162020–212023–242003–04: $22,9842013–14: $33,2162014–15: $35,5422015–16: $35,7702016–17: $36,5572017–18: $37,0012018–19: $38,7452019–20: $40,0902020–21: $42,0142021–22: $43,9032022–23: $49,6612023–24: $52,117$52,117
Median taxable income in postcode 3942 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$52,117$91,9781,789
2022–23$49,661$90,4371,705
2021–22$43,903$84,2141,686
2020–21$42,014$72,0041,637
2019–20$40,090$63,5091,564
2018–19$38,745$63,7081,534
2017–18$37,001$60,4761,505
2016–17$36,557$58,1971,434
2015–16$35,770$53,2791,416
2014–15$35,542$49,0821,358
2013–14$33,216$50,3021,347
2003–04$22,984$29,5321,455

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Nearby postcode numbers in Victoria

Postcodes with numbers close to 3942. 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.