Postcode ATO 2023–24
Postcode 3502 income
The median taxable income for postcode 3502 was $53,766 in 2023–24, and the average taxable income was $88,618 (ATO Table 8).
495 individuals; ranked 315 of 594 in VIC; ranked 1,376 of 2,283 nationally by median taxable income.
495
individuals, ATO 2023–24
ATO Table 8
$53,766
median taxable income, ATO 2023–24
ATO Table 8
$88,618
average taxable income, ATO 2023–24
ATO Table 8
315
state rank by median taxable income, ATO 2023–24
of 594
ATO Table 8
1,376
national rank by median taxable income, ATO 2023–24
of 2,283
ATO Table 8
Where it sits in VIC
Vertical axis: Number of VIC postcodes. Horizontal axis: Median taxable income ($), 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
Average taxable income ($88,618) is more than 1.5 times median taxable income ($53,766) in this postcode (ATO 2023–24, Table 8). A few very high incomes sit well above the middle of the distribution and pull the average up.
Taxable income by year
Vertical axis: Taxable income ($), 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 | not published | not published |
| 2013–14 | not published | not published |
| 2014–15 | not published | not published |
| 2015–16 | not published | not published |
| 2016–17 | $41,485 | $51,670 |
| 2017–18 | $42,685 | $51,768 |
| 2018–19 | $44,917 | $54,288 |
| 2019–20 | $43,829 | $53,197 |
| 2020–21 | $49,170 | $64,377 |
| 2021–22 | $48,638 | $70,043 |
| 2022–23 | $47,701 | $78,646 |
| 2023–24 | $53,766 | $88,618 |
ATO Table 8
| Year | individuals | median taxable income | average taxable income |
|---|---|---|---|
| 2003–04 | not published | not published | not published |
| 2013–14 | not published | not published | not published |
| 2014–15 | not published | not published | not published |
| 2015–16 | not published | not published | not published |
| 2016–17 | 1,304 | $41,485 | $51,670 |
| 2017–18 | 1,206 | $42,685 | $51,768 |
| 2018–19 | 1,047 | $44,917 | $54,288 |
| 2019–20 | 943 | $43,829 | $53,197 |
| 2020–21 | 770 | $49,170 | $64,377 |
| 2021–22 | 655 | $48,638 | $70,043 |
| 2022–23 | 567 | $47,701 | $78,646 |
| 2023–24 | 495 | $53,766 | $88,618 |
ATO Table 8
not published
ten-year growth in median taxable income, ATO 2023–24
from 2013–14 to 2023–24
ATO Table 8
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 |
|---|---|---|
| Melton South 3338 | 310 | $53,895 |
| Hastings 3915 | 311 | $53,878 |
| Mailors Flat 3275 | 312 | $53,836 |
| North Melbourne 3051 | 313 | $53,834 |
| Pental Island 3586 | 314 | $53,788 |
| Winchelsea 3241 | 316 | $53,733 |
| Yarragon 3823 | 317 | $53,714 |
| Wahgunyah 3687 | 318 | $53,683 |
| Hopetoun 3396 | 319 | $53,500 |
| Kangaroo Flat 3555 | 320 | $53,462 |
ATO Table 8