Income in postcode 7024
Half of the 381 people in 7024 (Tasmania) who lodged a 2023–24 tax return had a taxable income above $64,531.
How it compares
A taxable income of $64,531 is more than about 43% of all Australian taxpayers earned in 2023–24. Across Australia, 7024 ranks #486 of 2,283 postcodes by median.
Median income over time
The median rose 113% from $30,338 in 2003–04 to $64,531 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $64,531 | $78,762 | 381 |
| 2022–23 | $59,127 | $74,193 | 358 |
| 2021–22 | $62,552 | $76,566 | 368 |
| 2020–21 | $59,929 | $79,259 | 361 |
| 2019–20 | $52,215 | $67,140 | 359 |
| 2018–19 | $52,907 | $66,636 | 352 |
| 2017–18 | $51,255 | $60,755 | 354 |
| 2016–17 | $47,886 | $56,488 | 332 |
| 2015–16 | $46,184 | $54,018 | 341 |
| 2014–15 | $44,481 | $53,785 | 345 |
| 2013–14 | $44,976 | $49,804 | 344 |
| 2003–04 | $30,338 | $33,029 | 290 |
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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.