Postcode ATO 2023–24
Welshpool 3966 income
The median taxable income for Welshpool postcode 3966 was $40,446 in 2023–24, and the average taxable income was $58,822 (ATO Table 8).
366 individuals; ranked 585 of 594 in VIC; ranked 2,218 of 2,283 nationally by median taxable income.
366
individuals, ATO 2023–24
ATO Table 8
$40,446
median taxable income, ATO 2023–24
ATO Table 8
$58,822
average taxable income, ATO 2023–24
ATO Table 8
585
state rank by median taxable income, ATO 2023–24
of 594
ATO Table 8
2,218
national rank by median taxable income, ATO 2023–24
of 2,283
ATO Table 8
Where it sits in VIC
Vertical axis: Number of VIC postcodes. Horizontal axis: Median taxable income ($), 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 (includes this one) | 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 | 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 | $19,001 | $27,032 |
| 2013–14 | $32,253 | $44,930 |
| 2014–15 | $32,839 | $43,754 |
| 2015–16 | $34,599 | $42,679 |
| 2016–17 | $28,973 | $41,487 |
| 2017–18 | $28,660 | $40,207 |
| 2018–19 | $29,063 | $39,269 |
| 2019–20 | $33,903 | $44,608 |
| 2020–21 | $36,917 | $48,255 |
| 2021–22 | $41,142 | $57,841 |
| 2022–23 | $42,218 | $56,769 |
| 2023–24 | $40,446 | $58,822 |
ATO Table 8
| Year | individuals | median taxable income | average taxable income |
|---|---|---|---|
| 2003–04 | 338 | $19,001 | $27,032 |
| 2013–14 | 289 | $32,253 | $44,930 |
| 2014–15 | 304 | $32,839 | $43,754 |
| 2015–16 | 290 | $34,599 | $42,679 |
| 2016–17 | 282 | $28,973 | $41,487 |
| 2017–18 | 296 | $28,660 | $40,207 |
| 2018–19 | 337 | $29,063 | $39,269 |
| 2019–20 | 336 | $33,903 | $44,608 |
| 2020–21 | 332 | $36,917 | $48,255 |
| 2021–22 | 316 | $41,142 | $57,841 |
| 2022–23 | 353 | $42,218 | $56,769 |
| 2023–24 | 366 | $40,446 | $58,822 |
ATO Table 8
25.40%
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 3966, from ABS postal area boundaries (2021).
| Postcode | median taxable income | state rank by median taxable income |
|---|---|---|
| Yarram 3971 | 554 | |
| Toora 3962 | 574 | |
| Welshpool 3966 | 585 |
ATO Table 8; boundaries from the ABS
Where it sits in South Gippsland
Welshpool 3966 ranks 14 of 14 postcodes in the South Gippsland local government area by median taxable income (ATO 2023–24, Table 8). About 80% of postcode 3966 is inside this LGA.
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 |
|---|---|---|
| Nyora 398796% of this postcode is in the LGA | 1 | |
| Stony Creek 3957 | 2 | |
| Korumburra 3950 | 3 | |
| Leongatha 3953 | 4 | |
| Mirboo North 387196% of this postcode is in the LGA | 5 | |
| Poowong 398887% of this postcode is in the LGA | 6 | |
| Kardella 395194% of this postcode is in the LGA | 7 | |
| Koonwarra 3954 | 8 | |
| Fish Creek 3959 | 9 | |
| Loch 394560% of this postcode is in the LGA | 10 | |
| Venus Bay 3956 | 11 | |
| Foster 3960 | 12 | |
| Toora 396296% of this postcode is in the LGA | 13 | |
| Welshpool 396680% of this postcode is in the LGA | 14 |
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 |
|---|---|---|
| Glenorchy 3385 | 580 | $41,400 |
| Clayton 3168 | 581 | $41,300 |
| Merton 3715 | 582 | $41,293 |
| Mallacoota 3892 | 583 | $41,234 |
| Yarck 3719 | 584 | $41,192 |
| Balmoral 3407 | 586 | $40,402 |
| Newmerella 3886 | 587 | $40,350 |
| Strathdownie 3312 | 588 | $40,096 |
| Nyah West 3595 | 589 | $39,863 |
| Baddaginnie 3670 | 590 | $38,023 |
ATO Table 8