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Postcodes · Victoria

Income in postcode 3988

Half of the 716 people in 3988 (Victoria) who lodged a 2023–24 tax return had a taxable income above $48,326.

$48,326median taxable income, 2023–24
$60,622average taxable income
#458of 594 postcodes in Victoria by median

How it compares

A taxable income of $48,326 is more than about 26% of all Australian taxpayers earned in 2023–24. Across Australia, 3988 ranks #1,820 of 2,283 postcodes by median.

Median income over time

The median rose 100% from $24,141 in 2003–04 to $48,326 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$30k$60k2003–042015–162020–212023–242003–04: $24,1412013–14: $31,9262014–15: $32,0652015–16: $31,1922016–17: $33,1152017–18: $36,7372018–19: $37,6402019–20: $38,4342020–21: $43,0972021–22: $42,8172022–23: $45,0512023–24: $48,326$48,326
Median taxable income in postcode 3988 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$48,326$60,622716
2022–23$45,051$52,183711
2021–22$42,817$52,888712
2020–21$43,097$50,750680
2019–20$38,434$47,266699
2018–19$37,640$44,434676
2017–18$36,737$45,076653
2016–17$33,115$41,002641
2015–16$31,192$39,411692
2014–15$32,065$45,862672
2013–14$31,926$40,054651
2003–04$24,141$25,930615

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Nearby postcode numbers in Victoria

Postcodes with numbers close to 3988. Close numbers are usually, but not always, close places.

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.