ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

Terang 3264 income

The median taxable income for Terang postcode 3264 was $51,619 in 2023–24, and the average taxable income was $59,572 (ATO Table 8).

1,419 individuals; ranked 377 of 594 in VIC; ranked 1,558 of 2,283 nationally by median taxable income.

1,419

individuals, ATO 2023–24

ATO Table 8

$51,619

median taxable income, ATO 2023–24

ATO Table 8

$59,572

average taxable income, ATO 2023–24

ATO Table 8

377

state rank by median taxable income, ATO 2023–24

of 594

ATO Table 8

1,558

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in VIC

Where Terang 3264 sits among 594 VIC postcodes by median taxable income, ATO 2023–24
Where Terang 3264 sits among 594 VIC postcodes by median taxable income, ATO 2023–24 0 20 40 60 This postcode: $51,619 $40,000 $60,000 $80,000 Median taxable income ($), ATO 2023–24

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
Where Terang 3264 sits among 594 VIC postcodes by median taxable income, ATO 2023–24
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 (includes this one) 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 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

Median and average taxable income by year, Terang 3264, ATO 2023–24
Median and average taxable income by year, Terang 3264, 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, Terang 3264, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $25,609$27,973
2013–14 $37,056$45,264
2014–15 $37,669$44,473
2015–16 $35,945$40,872
2016–17 $36,472$41,905
2017–18 $38,589$44,823
2018–19 $39,592$46,463
2019–20 $43,576$50,514
2020–21 $45,534$53,914
2021–22 $47,800$57,592
2022–23 $49,201$61,320
2023–24 $51,619$59,572

ATO Table 8

Taxable income by year, postcode 3264, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–041,807$25,609$27,973
2013–141,425$37,056$45,264
2014–151,385$37,669$44,473
2015–161,380$35,945$40,872
2016–171,347$36,472$41,905
2017–181,383$38,589$44,823
2018–191,356$39,592$46,463
2019–201,402$43,576$50,514
2020–211,423$45,534$53,914
2021–221,461$47,800$57,592
2022–231,404$49,201$61,320
2023–241,419$51,619$59,572

ATO Table 8

39.30%

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 3264, from ABS postal area boundaries (2021).

Median taxable income in 3264 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Panmure 3265$55,855261
Terang 3264$51,619377

ATO Table 8; boundaries from the ABS

Where it sits in Corangamite

Terang 3264 ranks 5 of 9 postcodes in the Corangamite 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 Corangamite local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
Panmure 326543% of this postcode is in the LGA1$55,855
Cobden 326699% of this postcode is in the LGA2$53,142
Camperdown 326098% of this postcode is in the LGA3$52,189
Timboon 326880% of this postcode is in the LGA4$51,720
Terang 32645$51,619
Lismore 33246$49,762
Port Campbell 32697$46,795
Skipton 336185% of this postcode is in the LGA8$45,624
Derrinallum 33259$35,132

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.

Postcodes ranked immediately above and below 3264 in VIC by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Timboon 3268372$51,720
Cohuna 3568373$51,716
Birregurra 3242374$51,664
Chiltern 3683375$51,648
Dromana 3936376$51,620
Goorambat 3725378$51,596
Tawonga South 3698379$51,594
Tallangatta 3700380$51,562
Newry 3859381$51,535
Doncaster East 3109382$51,514

ATO Table 8