Income in postcode 7162
Half of the 429 people in 7162 (Tasmania) who lodged a 2023–24 tax return had a taxable income above $43,508.
How it compares
A taxable income of $43,508 is more than about 21% of all Australian taxpayers earned in 2023–24. Across Australia, 7162 ranks #2,137 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 98% from $21,923 in 2003–04 to $43,508 in 2023–24. These are dollars of each year, not adjusted for inflation.
| Income year | Median | Average | People |
|---|---|---|---|
| 2023–24 | $43,508 | $64,224 | 429 |
| 2022–23 | $39,604 | $60,116 | 440 |
| 2021–22 | $39,192 | $60,422 | 437 |
| 2020–21 | $38,900 | $68,218 | 437 |
| 2019–20 | $38,538 | $56,003 | 438 |
| 2018–19 | $39,357 | $56,483 | 421 |
| 2017–18 | $35,886 | $58,994 | 403 |
| 2016–17 | $34,024 | $49,996 | 394 |
| 2015–16 | $37,324 | $51,672 | 377 |
| 2014–15 | $33,529 | $47,239 | 371 |
| 2013–14 | $32,091 | $44,051 | 401 |
| 2003–04 | $21,923 | $28,046 | 385 |
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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.