Income in postcode 3975
Half of the 11,458 people in 3975 (Victoria) who lodged a 2023–24 tax return had a taxable income above $57,932.
How it compares
A taxable income of $57,932 is more than about 36% of all Australian taxpayers earned in 2023–24. Across Australia, 3975 ranks #976 of 2,283 postcodes by median.
Median income over time
The median rose 69% from $34,223 in 2003–04 to $57,932 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $57,932 | $66,787 | 11,458 |
| 2022–23 | $56,037 | $64,536 | 11,179 |
| 2021–22 | $54,363 | $61,628 | 10,783 |
| 2020–21 | $52,612 | $59,969 | 10,274 |
| 2019–20 | $49,340 | $55,690 | 10,162 |
| 2018–19 | $48,516 | $54,152 | 9,607 |
| 2017–18 | $47,532 | $53,076 | 9,228 |
| 2016–17 | $46,127 | $51,577 | 8,782 |
| 2015–16 | $45,708 | $50,585 | 8,308 |
| 2014–15 | $44,655 | $49,600 | 7,916 |
| 2013–14 | $44,707 | $49,157 | 7,570 |
| 2003–04 | $34,223 | $34,652 | 2,189 |
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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.