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Postcodes · Tasmania

Income in postcode 7116

Half of the 1,424 people in 7116 (Tasmania) who lodged a 2023–24 tax return had a taxable income above $46,339.

$46,339median taxable income, 2023–24
$56,584average taxable income
#85of 97 postcodes in Tasmania by median

How it compares

A taxable income of $46,339 is more than about 24% of all Australian taxpayers earned in 2023–24. Across Australia, 7116 ranks #1,959 of 2,283 postcodes by median.

Median income over time

The median rose 103% from $22,801 in 2003–04 to $46,339 in 2023–24. These are dollars of each year, not adjusted for inflation.

$0$30k$60k2003–042015–162020–212023–242003–04: $22,8012013–14: $33,9332014–15: $34,3112015–16: $34,2312016–17: $35,3972017–18: $35,4332018–19: $37,6352019–20: $38,4592020–21: $41,0832021–22: $42,1482022–23: $43,1932023–24: $46,339$46,339
Median taxable income in postcode 7116 by income year. The ATO publishes 2003–04 and every year from 2013–14; the dashed line spans the gap.
Income yearMedianAveragePeople
2023–24$46,339$56,5841,424
2022–23$43,193$51,5021,375
2021–22$42,148$48,6941,337
2020–21$41,083$48,6621,296
2019–20$38,459$46,5831,289
2018–19$37,635$45,6511,271
2017–18$35,433$44,5171,213
2016–17$35,397$41,7361,140
2015–16$34,231$40,8871,093
2014–15$34,311$41,6181,067
2013–14$33,933$39,1351,032
2003–04$22,801$25,002986

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Nearby postcode numbers in Tasmania

Postcodes with numbers close to 7116. 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.