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Postcodes · Tasmania

Income in postcode 7005

Half of the 9,578 people in 7005 (Tasmania) who lodged a 2023–24 tax return had a taxable income above $55,656.

$55,656median taxable income, 2023–24
$90,154average taxable income
#35of 97 postcodes in Tasmania by median

How it compares

A taxable income of $55,656 is more than about 34% of all Australian taxpayers earned in 2023–24. Across Australia, 7005 ranks #1,186 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 81% from $30,749 in 2003–04 to $55,656 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$30k$60k2003–042015–162020–212023–242003–04: $30,7492013–14: $41,4072014–15: $42,0682015–16: $41,2422016–17: $41,0442017–18: $40,2812018–19: $40,7382019–20: $40,8862020–21: $43,4412021–22: $48,7012022–23: $53,3572023–24: $55,656$55,656
Median taxable income in postcode 7005 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$55,656$90,1549,578
2022–23$53,357$86,9449,401
2021–22$48,701$90,4599,634
2020–21$43,441$75,3139,706
2019–20$40,886$70,0969,321
2018–19$40,738$70,3089,173
2017–18$40,281$70,6788,905
2016–17$41,044$67,3088,627
2015–16$41,242$67,6818,396
2014–15$42,068$67,7158,264
2013–14$41,407$67,1538,129
2003–04$30,749$44,2858,295

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Nearby postcode numbers in Tasmania

Postcodes with numbers close to 7005. 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.