Income in postcode 3987
Half of the 998 people in 3987 (Victoria) who lodged a 2023–24 tax return had a taxable income above $56,986.
How it compares
A taxable income of $56,986 is more than about 35% of all Australian taxpayers earned in 2023–24. Across Australia, 3987 ranks #1,059 of 2,283 postcodes by median.
Median income over time
The median rose 131% from $24,650 in 2003–04 to $56,986 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $56,986 | $64,498 | 998 |
| 2022–23 | $53,099 | $60,028 | 973 |
| 2021–22 | $50,978 | $57,959 | 944 |
| 2020–21 | $48,248 | $58,917 | 949 |
| 2019–20 | $47,500 | $54,159 | 935 |
| 2018–19 | $44,041 | $52,029 | 911 |
| 2017–18 | $46,323 | $53,778 | 894 |
| 2016–17 | $41,475 | $47,275 | 860 |
| 2015–16 | $36,310 | $43,081 | 838 |
| 2014–15 | $37,001 | $44,393 | 819 |
| 2013–14 | $34,585 | $42,915 | 825 |
| 2003–04 | $24,650 | $26,996 | 797 |
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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.