Income in postcode 3951
Half of the 665 people in 3951 (Victoria) who lodged a 2023–24 tax return had a taxable income above $44,936.
How it compares
A taxable income of $44,936 is more than about 22% of all Australian taxpayers earned in 2023–24. Across Australia, 3951 ranks #2,039 of 2,283 postcodes by median.
Median income over time
The median rose 124% from $20,100 in 2003–04 to $44,936 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $44,936 | $57,014 | 665 |
| 2022–23 | $43,772 | $55,675 | 675 |
| 2021–22 | $41,130 | $52,218 | 669 |
| 2020–21 | $43,475 | $54,715 | 655 |
| 2019–20 | $39,310 | $49,210 | 667 |
| 2018–19 | $38,287 | $46,106 | 654 |
| 2017–18 | $35,169 | $42,901 | 628 |
| 2016–17 | $33,972 | $42,485 | 609 |
| 2015–16 | $33,101 | $42,002 | 595 |
| 2014–15 | $35,503 | $41,798 | 581 |
| 2013–14 | $33,970 | $39,816 | 585 |
| 2003–04 | $20,100 | $24,535 | 648 |
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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.