Income in postcode 3960
Half of the 1,642 people in 3960 (Victoria) who lodged a 2023–24 tax return had a taxable income above $43,370.
How it compares
A taxable income of $43,370 is more than about 21% of all Australian taxpayers earned in 2023–24. Across Australia, 3960 ranks #2,146 of 2,283 postcodes by median.
Median income over time
The median rose 113% from $20,353 in 2003–04 to $43,370 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $43,370 | $58,031 | 1,642 |
| 2022–23 | $41,604 | $54,024 | 1,614 |
| 2021–22 | $40,256 | $54,610 | 1,556 |
| 2020–21 | $39,128 | $50,630 | 1,550 |
| 2019–20 | $36,403 | $48,845 | 1,535 |
| 2018–19 | $35,391 | $46,424 | 1,466 |
| 2017–18 | $34,053 | $43,706 | 1,465 |
| 2016–17 | $32,164 | $41,624 | 1,450 |
| 2015–16 | $32,471 | $42,360 | 1,450 |
| 2014–15 | $31,775 | $42,345 | 1,467 |
| 2013–14 | $31,672 | $41,348 | 1,457 |
| 2003–04 | $20,353 | $25,816 | 1,541 |
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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.