Income in postcode 5068
Half of the 8,554 people in 5068 (South Australia) who lodged a 2023–24 tax return had a taxable income above $61,035.
How it compares
A taxable income of $61,035 is more than about 39% of all Australian taxpayers earned in 2023–24. Across Australia, 5068 ranks #713 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 89% from $32,353 in 2003–04 to $61,035 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $61,035 | $94,627 | 8,554 |
| 2022–23 | $58,041 | $88,960 | 8,441 |
| 2021–22 | $57,296 | $92,253 | 8,232 |
| 2020–21 | $53,663 | $83,300 | 8,037 |
| 2019–20 | $51,646 | $79,594 | 7,935 |
| 2018–19 | $51,465 | $77,221 | 7,795 |
| 2017–18 | $49,895 | $75,506 | 7,805 |
| 2016–17 | $47,596 | $72,335 | 7,750 |
| 2015–16 | $46,508 | $71,665 | 7,508 |
| 2014–15 | $47,188 | $71,669 | 7,544 |
| 2013–14 | $46,449 | $71,883 | 7,606 |
| 2003–04 | $32,353 | $42,282 | 7,318 |
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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.