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Postcodes · Victoria

Income in postcode 3950

Half of the 3,042 people in 3950 (Victoria) who lodged a 2023–24 tax return had a taxable income above $50,365.

$50,365median taxable income, 2023–24
$58,685average taxable income
#408of 594 postcodes in Victoria by median

How it compares

A taxable income of $50,365 is more than about 28% of all Australian taxpayers earned in 2023–24. Across Australia, 3950 ranks #1,658 of 2,283 postcodes by median.

Median income over time

The median rose 120% from $22,868 in 2003–04 to $50,365 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$30k$60k2003–042015–162020–212023–242003–04: $22,8682013–14: $35,4682014–15: $36,5282015–16: $36,2782016–17: $37,0882017–18: $38,3902018–19: $40,2652019–20: $41,3432020–21: $42,9602021–22: $45,2122022–23: $46,0082023–24: $50,365$50,365
Median taxable income in postcode 3950 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$50,365$58,6853,042
2022–23$46,008$56,0622,963
2021–22$45,212$56,0782,870
2020–21$42,960$53,3542,832
2019–20$41,343$49,2822,759
2018–19$40,265$47,6962,748
2017–18$38,390$46,1522,679
2016–17$37,088$44,6142,539
2015–16$36,278$44,9472,494
2014–15$36,528$43,7322,456
2013–14$35,468$43,3322,489
2003–04$22,868$27,2162,292

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Nearby postcode numbers in Victoria

Postcodes with numbers close to 3950. 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.