Income in postcode 3945
Half of the 654 people in 3945 (Victoria) who lodged a 2023–24 tax return had a taxable income above $44,250.
How it compares
A taxable income of $44,250 is more than about 21% of all Australian taxpayers earned in 2023–24. Across Australia, 3945 ranks #2,097 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 $20,663 in 2003–04 to $44,250 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $44,250 | $66,566 | 654 |
| 2022–23 | $42,647 | $59,038 | 649 |
| 2021–22 | $44,065 | $55,394 | 643 |
| 2020–21 | $39,289 | $52,599 | 666 |
| 2019–20 | $39,585 | $50,342 | 651 |
| 2018–19 | $39,538 | $54,987 | 622 |
| 2017–18 | $38,003 | $50,865 | 620 |
| 2016–17 | $35,972 | $48,564 | 617 |
| 2015–16 | $32,852 | $42,762 | 588 |
| 2014–15 | $34,837 | $44,130 | 582 |
| 2013–14 | $34,567 | $45,275 | 560 |
| 2003–04 | $20,663 | $23,593 | 550 |
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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.