Postcode ATO 2023–24
Colac 3250 income
The median taxable income for Colac postcode 3250 was $53,256 in 2023–24, and the average taxable income was $60,243 (ATO Table 8).
7,879 individuals; ranked 327 of 594 in VIC; ranked 1,415 of 2,283 nationally by median taxable income.
7,879
individuals, ATO 2023–24
ATO Table 8
$53,256
median taxable income, ATO 2023–24
ATO Table 8
$60,243
average taxable income, ATO 2023–24
ATO Table 8
327
state rank by median taxable income, ATO 2023–24
of 594
ATO Table 8
1,415
national rank by median taxable income, ATO 2023–24
of 2,283
ATO Table 8
Where it sits in VIC
Vertical axis: Number of VIC postcodes. Horizontal axis: Median taxable income ($), 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 (includes this one) | 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 | 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 | $25,406 | $27,923 |
| 2013–14 | $37,297 | $42,911 |
| 2014–15 | $37,938 | $43,369 |
| 2015–16 | $39,485 | $45,067 |
| 2016–17 | $40,452 | $45,919 |
| 2017–18 | $42,328 | $47,869 |
| 2018–19 | $43,891 | $49,339 |
| 2019–20 | $44,207 | $50,145 |
| 2020–21 | $47,962 | $53,717 |
| 2021–22 | $49,349 | $56,367 |
| 2022–23 | $50,693 | $60,055 |
| 2023–24 | $53,256 | $60,243 |
ATO Table 8
| Year | individuals | median taxable income | average taxable income |
|---|---|---|---|
| 2003–04 | 6,002 | $25,406 | $27,923 |
| 2013–14 | 6,537 | $37,297 | $42,911 |
| 2014–15 | 6,518 | $37,938 | $43,369 |
| 2015–16 | 6,622 | $39,485 | $45,067 |
| 2016–17 | 6,857 | $40,452 | $45,919 |
| 2017–18 | 7,170 | $42,328 | $47,869 |
| 2018–19 | 7,344 | $43,891 | $49,339 |
| 2019–20 | 7,362 | $44,207 | $50,145 |
| 2020–21 | 7,379 | $47,962 | $53,717 |
| 2021–22 | 7,600 | $49,349 | $56,367 |
| 2022–23 | 7,733 | $50,693 | $60,055 |
| 2023–24 | 7,879 | $53,256 | $60,243 |
ATO Table 8
42.79%
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 3250, from ABS postal area boundaries (2021).
| Postcode | median taxable income | state rank by median taxable income |
|---|---|---|
| Colac 3250 | 327 | |
| Barongarook 3249 | 442 |
ATO Table 8; boundaries from the ABS
Where it sits in Colac Otway
Colac 3250 ranks 1 of 7 postcodes in the Colac Otway 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 |
|---|---|---|
| Colac 3250 | 1 | |
| Warncoort 3243 | 2 | |
| Birregurra 324297% of this postcode is in the LGA | 3 | |
| Beeac 325199% of this postcode is in the LGA | 4 | |
| Barongarook 324998% of this postcode is in the LGA | 5 | |
| Gellibrand 323991% of this postcode is in the LGA | 6 | |
| Apollo Bay 3233 | 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 |
|---|---|---|
| Springhurst 3682 | 322 | $53,421 |
| West Melbourne 3003 | 323 | $53,399 |
| Bundoora 3083 | 324 | $53,393 |
| Murtoa 3390 | 325 | $53,373 |
| Stratford 3862 | 326 | $53,259 |
| Eldorado 3746 | 328 | $53,249 |
| Koroit 3282 | 329 | $53,233 |
| Rutherglen 3685 | 330 | $53,164 |
| Piangil 3597 | 331 | $53,150 |
| Cobden 3266 | 332 | $53,142 |
ATO Table 8