Income in postcode 3971
Half of the 2,310 people in 3971 (Victoria) who lodged a 2023–24 tax return had a taxable income above $44,136.
How it compares
A taxable income of $44,136 is more than about 21% of all Australian taxpayers earned in 2023–24. Across Australia, 3971 ranks #2,102 of 2,283 postcodes by median.
Median income over time
The median rose 106% from $21,453 in 2003–04 to $44,136 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $44,136 | $53,556 | 2,310 |
| 2022–23 | $39,780 | $47,691 | 2,317 |
| 2021–22 | $39,505 | $47,455 | 2,322 |
| 2020–21 | $38,035 | $44,758 | 2,241 |
| 2019–20 | $36,019 | $42,867 | 2,221 |
| 2018–19 | $34,691 | $42,178 | 2,127 |
| 2017–18 | $34,866 | $42,121 | 2,123 |
| 2016–17 | $32,945 | $39,806 | 2,073 |
| 2015–16 | $34,033 | $43,697 | 2,077 |
| 2014–15 | $34,950 | $43,348 | 2,097 |
| 2013–14 | $33,999 | $42,145 | 2,115 |
| 2003–04 | $21,453 | $25,929 | 2,393 |
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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.