Income in postcode 3944
Half of the 656 people in 3944 (Victoria) who lodged a 2023–24 tax return had a taxable income above $75,809.
How it compares
A taxable income of $75,809 is more than about 53% of all Australian taxpayers earned in 2023–24. Across Australia, 3944 ranks #113 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 86% from $40,779 in 2003–04 to $75,809 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $75,809 | $321,988 | 656 |
| 2022–23 | $72,315 | $222,254 | 641 |
| 2021–22 | $77,610 | $221,867 | 586 |
| 2020–21 | $66,314 | $221,236 | 559 |
| 2019–20 | $71,845 | $164,813 | 491 |
| 2018–19 | $62,949 | $175,356 | 456 |
| 2017–18 | $66,934 | $115,370 | 470 |
| 2016–17 | $56,137 | $156,079 | 449 |
| 2015–16 | $54,872 | $167,266 | 445 |
| 2014–15 | $56,207 | $156,669 | 437 |
| 2013–14 | $52,430 | $141,172 | 436 |
| 2003–04 | $40,779 | $111,513 | 333 |
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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.