ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

Waratah 2298 income

The median taxable income for Waratah postcode 2298 was $61,189 in 2023–24, and the average taxable income was $69,926 (ATO Table 8).

6,017 individuals; ranked 196 of 589 in NSW; ranked 699 of 2,283 nationally by median taxable income.

6,017

individuals, ATO 2023–24

ATO Table 8

$61,189

median taxable income, ATO 2023–24

ATO Table 8

$69,926

average taxable income, ATO 2023–24

ATO Table 8

196

state rank by median taxable income, ATO 2023–24

of 589

ATO Table 8

699

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in NSW

Where Waratah 2298 sits among 589 NSW postcodes by median taxable income, ATO 2023–24
Where Waratah 2298 sits among 589 NSW postcodes by median taxable income, ATO 2023–24 0 50 100 150 This postcode: $61,189 $20,000 $40,000 $60,000 $80,000 $100,000 Median taxable income ($), ATO 2023–24

Vertical axis: Number of NSW postcodes. Horizontal axis: Median taxable income ($), ATO 2023–24, in bands of $5,000. The highlighted band holds this one.

Show data
Where Waratah 2298 sits among 589 NSW postcodes by median taxable income, ATO 2023–24
Band Number of NSW postcodes
$15,000 to $19,999 1
$20,000 to $24,999 0
$25,000 to $29,999 0
$30,000 to $34,999 4
$35,000 to $39,999 16
$40,000 to $44,999 42
$45,000 to $49,999 95
$50,000 to $54,999 102
$55,000 to $59,999 104
$60,000 to $64,999 (includes this one) 83
$65,000 to $69,999 64
$70,000 to $74,999 29
$75,000 to $79,999 17
$80,000 to $84,999 14
$85,000 to $89,999 12
$90,000 to $94,999 5
$95,000 to $99,999 1

ATO Table 8

Taxable income by year

Median and average taxable income by year, Waratah 2298, ATO 2023–24
Median and average taxable income by year, Waratah 2298, ATO 2023–24 $0 $20,000 $40,000 $60,000 $80,000 10-year gap 2003–04 2013–14 2018–19 2023–24 Tax year

Vertical axis: Taxable income ($), ATO 2023–24. Horizontal axis: Tax year.

No years are published between 2003–04 and 2013–14.

  • median taxable income
  • average taxable income
Show data
Median and average taxable income by year, Waratah 2298, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $27,114$30,463
2013–14 $41,701$48,694
2014–15 $42,534$49,787
2015–16 $42,735$50,251
2016–17 $43,772$50,712
2017–18 $46,728$54,137
2018–19 $48,737$55,870
2019–20 $49,165$56,727
2020–21 $50,822$60,028
2021–22 $52,115$61,694
2022–23 $57,978$65,979
2023–24 $61,189$69,926

ATO Table 8

Taxable income by year, postcode 2298, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–044,342$27,114$30,463
2013–144,551$41,701$48,694
2014–154,566$42,534$49,787
2015–164,695$42,735$50,251
2016–174,898$43,772$50,712
2017–185,002$46,728$54,137
2018–195,059$48,737$55,870
2019–205,302$49,165$56,727
2020–215,473$50,822$60,028
2021–225,756$52,115$61,694
2022–235,865$57,978$65,979
2023–246,017$61,189$69,926

ATO Table 8

46.73%

ten-year growth in median taxable income, ATO 2023–24

from 2013–14 to 2023–24

ATO Table 8

Neighbouring postcodes

Postcodes that share a boundary with 2298, from ABS postal area boundaries (2021).

Median taxable income in 2298 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Broadmeadow 2292$65,752130
Mayfield 2304$61,838190
Waratah 2298$61,189196
Lambton 2299$55,830308
Callaghan 2308$17,264589

ATO Table 8; boundaries from the ABS

Where it sits in Newcastle

Waratah 2298 ranks 13 of 18 postcodes in the Newcastle local government area by median taxable income (ATO 2023–24, Table 8).

A postcode is listed under every LGA that holds at least 25% of it, so one that crosses a council boundary appears in more than one list.

Postcodes in the Newcastle local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
Merewether 22911$71,892
Wickham 22932$69,032
Adamstown 228975% of this postcode is in the LGA3$66,944
Cooks Hill 23004$66,330
Newcastle West 23025$66,015
Broadmeadow 22926$65,752
Carrington 22947$65,537
New Lambton 230587% of this postcode is in the LGA8$65,315
Tighes Hill 22979$64,256
Islington 229610$64,086
Stockton 229550% of this postcode is in the LGA11$63,946
Mayfield 230412$61,838
Waratah 229813$61,189
Hamilton South 230314$60,194
Wallsend 228797% of this postcode is in the LGA15$60,018
Shortland 230716$56,078
Lambton 229917$55,830
Callaghan 230818$17,264

ATO Table 8; LGA from the ABS postcode to LGA correspondence (2025)

Ranked next to it in NSW

Five postcodes above and five below in the same state, or fewer at either end of the ranking.

Postcodes ranked immediately above and below 2298 in NSW by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Avalon Beach 2107191$61,684
Plumpton 2761192$61,493
Singleton 2330193$61,393
Gunnedah 2380194$61,253
Horsley Park 2175195$61,251
Warners Bay 2282197$61,144
Pyrmont 2009198$61,092
Croydon Park 2133199$61,039
West Wallsend 2286200$61,031
Bayview 2104201$61,018

ATO Table 8