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Postcodes · Tasmania

Income in postcode 7020

Half of the 1,815 people in 7020 (Tasmania) who lodged a 2023–24 tax return had a taxable income above $60,254.

$60,254median taxable income, 2023–24
$74,976average taxable income
#8of 97 postcodes in Tasmania by median

How it compares

A taxable income of $60,254 is more than about 38% of all Australian taxpayers earned in 2023–24. Across Australia, 7020 ranks #766 of 2,283 postcodes by median.

Median income over time

The median rose 93% from $31,175 in 2003–04 to $60,254 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$40k$80k2003–042015–162020–212023–242003–04: $31,1752013–14: $44,3682014–15: $44,9872015–16: $45,2062016–17: $48,3092017–18: $48,9452018–19: $50,3152019–20: $51,7462020–21: $53,4632021–22: $55,9052022–23: $55,6932023–24: $60,254$60,254
Median taxable income in postcode 7020 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$60,254$74,9761,815
2022–23$55,693$70,0581,814
2021–22$55,905$67,0201,768
2020–21$53,463$63,9761,761
2019–20$51,746$61,3341,746
2018–19$50,315$58,7131,708
2017–18$48,945$57,9311,697
2016–17$48,309$56,5281,641
2015–16$45,206$56,1611,591
2014–15$44,987$54,0861,590
2013–14$44,368$53,4531,562
2003–04$31,175$34,5981,429

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Nearby postcode numbers in Tasmania

Postcodes with numbers close to 7020. 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.