Postcode ATO 2023–24
Red Hill 3937 income
The median taxable income for Red Hill postcode 3937 was $54,897 in 2023–24, and the average taxable income was $143,136 (ATO Table 8).
1,057 individuals; ranked 283 of 594 in VIC; ranked 1,263 of 2,283 nationally by median taxable income.
1,057
individuals, ATO 2023–24
ATO Table 8
$54,897
median taxable income, ATO 2023–24
ATO Table 8
$143,136
average taxable income, ATO 2023–24
ATO Table 8
283
state rank by median taxable income, ATO 2023–24
of 594
ATO Table 8
1,263
national rank by median taxable income, ATO 2023–24
of 2,283
ATO Table 8
Where it sits in VIC
Vertical axis: Number of VIC postcodes. Horizontal axis: Median taxable income ($), 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 | 56 |
| $54,000 to $55,999 (includes this one) | 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 ($143,136) is more than 1.5 times median taxable income ($54,897) in this postcode (ATO 2023–24, Table 8). A few very high incomes sit well above the middle of the distribution and pull the average up.
Taxable income by year
Vertical axis: Taxable income ($), 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 | $28,187 | $40,332 |
| 2013–14 | $38,290 | $66,262 |
| 2014–15 | $38,947 | $64,084 |
| 2015–16 | $41,526 | $73,557 |
| 2016–17 | $41,151 | $66,999 |
| 2017–18 | $45,807 | $76,120 |
| 2018–19 | $44,257 | $71,969 |
| 2019–20 | $47,866 | $108,576 |
| 2020–21 | $52,180 | $102,474 |
| 2021–22 | $55,077 | $115,095 |
| 2022–23 | $51,429 | $109,977 |
| 2023–24 | $54,897 | $143,136 |
ATO Table 8
| Year | individuals | median taxable income | average taxable income |
|---|---|---|---|
| 2003–04 | 1,227 | $28,187 | $40,332 |
| 2013–14 | 1,150 | $38,290 | $66,262 |
| 2014–15 | 1,124 | $38,947 | $64,084 |
| 2015–16 | 1,064 | $41,526 | $73,557 |
| 2016–17 | 1,081 | $41,151 | $66,999 |
| 2017–18 | 1,100 | $45,807 | $76,120 |
| 2018–19 | 1,058 | $44,257 | $71,969 |
| 2019–20 | 1,094 | $47,866 | $108,576 |
| 2020–21 | 1,067 | $52,180 | $102,474 |
| 2021–22 | 1,053 | $55,077 | $115,095 |
| 2022–23 | 1,053 | $51,429 | $109,977 |
| 2023–24 | 1,057 | $54,897 | $143,136 |
ATO Table 8
43.37%
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 3937, from ABS postal area boundaries (2021).
| Postcode | median taxable income | state rank by median taxable income |
|---|---|---|
| Shoreham 3916 | 212 | |
| Main Ridge 3928 | 257 | |
| Red Hill 3937 | 283 | |
| Balnarring 3926 | 289 | |
| Dromana 3936 | 376 |
ATO Table 8; boundaries from the ABS
Where it sits in Mornington Peninsula
Red Hill 3937 ranks 15 of 25 postcodes in the Mornington Peninsula 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. This LGA has 25 published postcodes; the ones ranked closest to 3937 are listed.
| Postcode | rank in the LGA by median taxable income | median taxable income |
|---|---|---|
| Flinders 3929 | 10 | |
| Crib Point 3919 | 11 | |
| Main Ridge 3928 | 12 | |
| Moorooduc 3933 | 13 | |
| Bittern 3918 | 14 | |
| Red Hill 3937 | 15 | |
| Mornington 3931 | 16 | |
| Balnarring 3926 | 17 | |
| Hastings 3915 | 18 | |
| Somers 3927 | 19 | |
| Blairgowrie 3942 | 20 |
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 |
|---|---|---|
| Ardeer 3022 | 278 | $54,946 |
| Trafalgar 3824 | 279 | $54,945 |
| Leopold 3224 | 280 | $54,920 |
| Lang Lang 3984 | 281 | $54,911 |
| Stony Creek 3957 | 282 | $54,898 |
| Epping 3076 | 284 | $54,893 |
| Garfield 3814 | 285 | $54,838 |
| Monbulk 3793 | 286 | $54,754 |
| Mornington 3931 | 287 | $54,715 |
| Derrimut 3026 | 288 | $54,711 |
ATO Table 8