Income in postcode 3953
Half of the 5,087 people in 3953 (Victoria) who lodged a 2023–24 tax return had a taxable income above $49,294.
How it compares
A taxable income of $49,294 is more than about 27% of all Australian taxpayers earned in 2023–24. Across Australia, 3953 ranks #1,734 of 2,283 postcodes by median.
Median income over time
The median rose 100% from $24,641 in 2003–04 to $49,294 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $49,294 | $61,105 | 5,087 |
| 2022–23 | $46,859 | $59,174 | 4,945 |
| 2021–22 | $45,300 | $56,364 | 4,891 |
| 2020–21 | $43,980 | $53,251 | 4,781 |
| 2019–20 | $41,545 | $50,766 | 4,737 |
| 2018–19 | $40,445 | $49,448 | 4,718 |
| 2017–18 | $38,461 | $47,188 | 4,684 |
| 2016–17 | $36,866 | $45,522 | 4,585 |
| 2015–16 | $36,786 | $45,277 | 4,480 |
| 2014–15 | $37,242 | $45,607 | 4,447 |
| 2013–14 | $36,366 | $44,389 | 4,427 |
| 2003–04 | $24,641 | $28,308 | 4,374 |
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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.