Income in postcode 3996
Half of the 3,971 people in 3996 (Victoria) who lodged a 2023–24 tax return had a taxable income above $48,421.
How it compares
A taxable income of $48,421 is more than about 26% of all Australian taxpayers earned in 2023–24. Across Australia, 3996 ranks #1,815 of 2,283 postcodes by median.
The average is well above the median here, which means a smaller number of high incomes pull the average up. The median is the better guide to a typical income.
Median income over time
The median rose 120% from $22,053 in 2003–04 to $48,421 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $48,421 | $68,189 | 3,971 |
| 2022–23 | $45,409 | $63,484 | 3,856 |
| 2021–22 | $44,598 | $62,970 | 3,792 |
| 2020–21 | $44,145 | $65,652 | 3,695 |
| 2019–20 | $40,414 | $55,734 | 3,593 |
| 2018–19 | $38,561 | $51,452 | 3,423 |
| 2017–18 | $36,578 | $49,951 | 3,286 |
| 2016–17 | $35,522 | $47,293 | 3,127 |
| 2015–16 | $34,481 | $47,311 | 3,031 |
| 2014–15 | $34,654 | $45,777 | 2,900 |
| 2013–14 | $33,802 | $46,120 | 2,796 |
| 2003–04 | $22,053 | $26,784 | 2,146 |
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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.