ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

Romsey 3434 income

The median taxable income for Romsey postcode 3434 was $63,132 in 2023–24, and the average taxable income was $78,897 (ATO Table 8).

3,773 individuals; ranked 110 of 594 in VIC; ranked 563 of 2,283 nationally by median taxable income.

3,773

individuals, ATO 2023–24

ATO Table 8

$63,132

median taxable income, ATO 2023–24

ATO Table 8

$78,897

average taxable income, ATO 2023–24

ATO Table 8

110

state rank by median taxable income, ATO 2023–24

of 594

ATO Table 8

563

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in VIC

Where Romsey 3434 sits among 594 VIC postcodes by median taxable income, ATO 2023–24
Where Romsey 3434 sits among 594 VIC postcodes by median taxable income, ATO 2023–24 0 20 40 60 This postcode: $63,132 $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 Romsey 3434 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 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 (includes this one) 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, Romsey 3434, ATO 2023–24
Median and average taxable income by year, Romsey 3434, 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, Romsey 3434, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $28,737$32,933
2013–14 $42,044$52,768
2014–15 $43,633$55,737
2015–16 $44,381$56,259
2016–17 $45,612$58,134
2017–18 $47,951$60,193
2018–19 $49,401$62,294
2019–20 $52,375$64,566
2020–21 $54,759$68,759
2021–22 $57,369$72,018
2022–23 $58,875$72,548
2023–24 $63,132$78,897

ATO Table 8

Taxable income by year, postcode 3434, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–042,490$28,737$32,933
2013–142,777$42,044$52,768
2014–152,743$43,633$55,737
2015–162,894$44,381$56,259
2016–173,055$45,612$58,134
2017–183,221$47,951$60,193
2018–193,410$49,401$62,294
2019–203,514$52,375$64,566
2020–213,666$54,759$68,759
2021–223,689$57,369$72,018
2022–233,747$58,875$72,548
2023–243,773$63,132$78,897

ATO Table 8

50.16%

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 3434, from ABS postal area boundaries (2021).

Median taxable income in 3434 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Mount Macedon 3441$76,54211
Romsey 3434$63,132110
Woodend 3442$62,634113
Lancefield 3435$61,259140
Riddells Creek 3431$60,389157
Kilmore 3764$59,152183
Wallan 3756$58,796192

ATO Table 8; boundaries from the ABS

Where it sits in Macedon Ranges

Romsey 3434 ranks 5 of 10 postcodes in the Macedon Ranges 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 Macedon Ranges local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
Mount Macedon 34411$76,542
Gisborne 34372$68,248
Macedon 34403$67,328
New Gisborne 34384$65,929
Romsey 34345$63,132
Woodend 34426$62,634
Lancefield 343597% of this postcode is in the LGA7$61,259
Riddells Creek 34318$60,389
Malmsbury 344680% of this postcode is in the LGA9$57,085
Kyneton 344491% of this postcode is in the LGA10$55,181

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 3434 in VIC by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Ferny Creek 3786105$63,335
Mount Duneed 3217106$63,311
Belgrave 3160107$63,277
The Basin 3154108$63,225
Officer 3809109$63,206
Torquay 3228111$62,922
Doreen 3754112$62,919
Woodend 3442113$62,634
Selby 3159114$62,506
Baranduda 3691115$62,499

ATO Table 8