Postcode ATO 2023–24
Elwood 3184 income
The median taxable income for Elwood postcode 3184 was $74,342 in 2023–24, and the average taxable income was $107,497 (ATO Table 8).
11,148 individuals; ranked 18 of 594 in VIC; ranked 137 of 2,283 nationally by median taxable income.
11,148
individuals, ATO 2023–24
ATO Table 8
$74,342
median taxable income, ATO 2023–24
ATO Table 8
$107,497
average taxable income, ATO 2023–24
ATO Table 8
18
state rank by median taxable income, ATO 2023–24
of 594
ATO Table 8
137
national rank by median taxable income, ATO 2023–24
of 2,283
ATO Table 8
Where it sits in VIC
Vertical axis: Number of VIC postcodes. Horizontal axis: Median taxable income ($), ATO 2023–24, in bands of $2,000. The highlighted band holds this one.
Show data
| Band | Number of VIC postcodes |
|---|---|
| $34,000 to $35,999 | 3 |
| $36,000 to $37,999 | 1 |
| $38,000 to $39,999 | 2 |
| $40,000 to $41,999 | 11 |
| $42,000 to $43,999 | 22 |
| $44,000 to $45,999 | 38 |
| $46,000 to $47,999 | 46 |
| $48,000 to $49,999 | 55 |
| $50,000 to $51,999 | 54 |
| $52,000 to $53,999 | 56 |
| $54,000 to $55,999 | 50 |
| $56,000 to $57,999 | 48 |
| $58,000 to $59,999 | 44 |
| $60,000 to $61,999 | 40 |
| $62,000 to $63,999 | 27 |
| $64,000 to $65,999 | 21 |
| $66,000 to $67,999 | 22 |
| $68,000 to $69,999 | 15 |
| $70,000 to $71,999 | 11 |
| $72,000 to $73,999 | 8 |
| $74,000 to $75,999 (includes this one) | 8 |
| $76,000 to $77,999 | 3 |
| $78,000 to $79,999 | 5 |
| $80,000 to $81,999 | 1 |
| $82,000 to $83,999 | 2 |
| $84,000 to $85,999 | 0 |
| $86,000 to $87,999 | 1 |
ATO Table 8
Taxable income by year
Vertical axis: Taxable income ($), 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
| Year | median taxable income | average taxable income |
|---|---|---|
| 2003–04 | $36,813 | $47,253 |
| 2013–14 | $54,896 | $75,979 |
| 2014–15 | $55,780 | $79,893 |
| 2015–16 | $57,991 | $87,906 |
| 2016–17 | $58,719 | $84,155 |
| 2017–18 | $61,675 | $88,316 |
| 2018–19 | $64,077 | $90,249 |
| 2019–20 | $65,504 | $94,496 |
| 2020–21 | $69,014 | $101,637 |
| 2021–22 | $72,472 | $108,247 |
| 2022–23 | $73,958 | $104,213 |
| 2023–24 | $74,342 | $107,497 |
ATO Table 8
| Year | individuals | median taxable income | average taxable income |
|---|---|---|---|
| 2003–04 | 10,013 | $36,813 | $47,253 |
| 2013–14 | 10,420 | $54,896 | $75,979 |
| 2014–15 | 10,656 | $55,780 | $79,893 |
| 2015–16 | 10,860 | $57,991 | $87,906 |
| 2016–17 | 11,044 | $58,719 | $84,155 |
| 2017–18 | 11,059 | $61,675 | $88,316 |
| 2018–19 | 11,236 | $64,077 | $90,249 |
| 2019–20 | 11,045 | $65,504 | $94,496 |
| 2020–21 | 10,409 | $69,014 | $101,637 |
| 2021–22 | 10,360 | $72,472 | $108,247 |
| 2022–23 | 10,957 | $73,958 | $104,213 |
| 2023–24 | 11,148 | $74,342 | $107,497 |
ATO Table 8
35.42%
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 3184, from ABS postal area boundaries (2021).
| Postcode | median taxable income | state rank by median taxable income |
|---|---|---|
| Brighton 3186 | 15 | |
| Elwood 3184 | 18 | |
| Elsternwick 3185 | 30 | |
| St Kilda East 3183 | 77 | |
| St Kilda 3182 | 100 |
ATO Table 8; boundaries from the ABS
Where it sits in Port Phillip
Elwood 3184 ranks 3 of 7 postcodes in the Port Phillip 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.
| Postcode | rank in the LGA by median taxable income | median taxable income |
|---|---|---|
| Albert Park 3206 | 1 | |
| Port Melbourne 3207 | 2 | |
| Elwood 3184 | 3 | |
| South Melbourne 3205 | 4 | |
| Melbourne 300478% of this postcode is in the LGA | 5 | |
| St Kilda East 318377% of this postcode is in the LGA | 6 | |
| St Kilda 3182 | 7 |
ATO Table 8; LGA from the ABS postcode to LGA correspondence (2025)
Ranked next to it in VIC
Five postcodes above and five below in the same state, or fewer at either end of the ranking.
| Postcode | state rank by median taxable income | median taxable income |
|---|---|---|
| Portsea 3944 | 13 | $75,809 |
| Fitzroy North 3068 | 14 | $75,692 |
| Brighton 3186 | 15 | $75,556 |
| Glen Iris 3146 | 16 | $74,523 |
| Northcote 3070 | 17 | $74,355 |
| Fairfield 3078 | 19 | $74,063 |
| Hawthorn East 3123 | 20 | $74,018 |
| Prahran 3181 | 21 | $73,915 |
| Williamstown 3016 | 22 | $73,607 |
| South Yarra 3141 | 23 | $72,858 |
ATO Table 8