Postcode ATO 2023–24
Morwell 3840 income
The median taxable income for Morwell postcode 3840 was $48,688 in 2023–24, and the average taxable income was $62,044 (ATO Table 8).
8,581 individuals; ranked 445 of 594 in VIC; ranked 1,790 of 2,283 nationally by median taxable income.
8,581
individuals, ATO 2023–24
ATO Table 8
$48,688
median taxable income, ATO 2023–24
ATO Table 8
$62,044
average taxable income, ATO 2023–24
ATO Table 8
445
state rank by median taxable income, ATO 2023–24
of 594
ATO Table 8
1,790
national rank by median taxable income, ATO 2023–24
of 2,283
ATO Table 8
Where it sits in VIC
Vertical axis: Number of VIC postcodes. Horizontal axis: Median taxable income ($), 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 (includes this one) | 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 | 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 | $25,221 | $30,911 |
| 2013–14 | $38,233 | $48,898 |
| 2014–15 | $39,407 | $50,325 |
| 2015–16 | $39,673 | $50,802 |
| 2016–17 | $39,235 | $50,975 |
| 2017–18 | $39,957 | $51,028 |
| 2018–19 | $41,212 | $51,619 |
| 2019–20 | $41,486 | $51,214 |
| 2020–21 | $42,604 | $54,934 |
| 2021–22 | $44,406 | $55,209 |
| 2022–23 | $47,025 | $58,206 |
| 2023–24 | $48,688 | $62,044 |
ATO Table 8
| Year | individuals | median taxable income | average taxable income |
|---|---|---|---|
| 2003–04 | 8,608 | $25,221 | $30,911 |
| 2013–14 | 7,721 | $38,233 | $48,898 |
| 2014–15 | 7,650 | $39,407 | $50,325 |
| 2015–16 | 7,671 | $39,673 | $50,802 |
| 2016–17 | 7,718 | $39,235 | $50,975 |
| 2017–18 | 7,789 | $39,957 | $51,028 |
| 2018–19 | 7,985 | $41,212 | $51,619 |
| 2019–20 | 8,100 | $41,486 | $51,214 |
| 2020–21 | 8,353 | $42,604 | $54,934 |
| 2021–22 | 8,516 | $44,406 | $55,209 |
| 2022–23 | 8,515 | $47,025 | $58,206 |
| 2023–24 | 8,581 | $48,688 | $62,044 |
ATO Table 8
27.35%
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 3840, from ABS postal area boundaries (2021).
| Postcode | median taxable income | state rank by median taxable income |
|---|---|---|
| Traralgon 3844 | 191 | |
| Yinnar 3869 | 204 | |
| Trafalgar 3824 | 279 | |
| Moe 3825 | 346 | |
| Churchill 3842 | 399 | |
| Morwell 3840 | 445 | |
| Mirboo North 3871 | 447 | |
| Boolarra 3870 | 542 | |
| Yarram 3971 | 554 |
ATO Table 8; boundaries from the ABS
Where it sits in Latrobe (Vic.)
Morwell 3840 ranks 7 of 8 postcodes in the Latrobe (Vic.) 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 |
|---|---|---|
| Traralgon 384499% of this postcode is in the LGA | 1 | |
| Glengarry 385483% of this postcode is in the LGA | 2 | |
| Yinnar 3869 | 3 | |
| Toongabbie 385692% of this postcode is in the LGA | 4 | |
| Moe 382590% of this postcode is in the LGA | 5 | |
| Churchill 3842 | 6 | |
| Morwell 3840 | 7 | |
| Boolarra 3870 | 8 |
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 |
|---|---|---|
| Branxholme 3302 | 440 | $49,086 |
| Bright 3741 | 441 | $49,040 |
| Barongarook 3249 | 442 | $49,010 |
| Point Lonsdale 3225 | 443 | $48,921 |
| Rye 3941 | 444 | $48,919 |
| Mount Beauty 3699 | 446 | $48,658 |
| Mirboo North 3871 | 447 | $48,635 |
| Gunbower 3566 | 448 | $48,588 |
| Rochester 3561 | 449 | $48,572 |
| Rushworth 3612 | 450 | $48,569 |
ATO Table 8