ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

Sandy Bay 7005 income

The median taxable income for Sandy Bay postcode 7005 was $55,656 in 2023–24, and the average taxable income was $90,154 (ATO Table 8).

9,578 individuals; ranked 35 of 97 in TAS; ranked 1,186 of 2,283 nationally by median taxable income.

9,578

individuals, ATO 2023–24

ATO Table 8

$55,656

median taxable income, ATO 2023–24

ATO Table 8

$90,154

average taxable income, ATO 2023–24

ATO Table 8

35

state rank by median taxable income, ATO 2023–24

of 97

ATO Table 8

1,186

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in TAS

Where Sandy Bay 7005 sits among 97 TAS postcodes by median taxable income, ATO 2023–24
Where Sandy Bay 7005 sits among 97 TAS postcodes by median taxable income, ATO 2023–24 0 10 20 30 This postcode: $55,656 $0 $20,000 $40,000 $60,000 Median taxable income ($), ATO 2023–24

Vertical axis: Number of TAS postcodes. Horizontal axis: Median taxable income ($), ATO 2023–24, in bands of $5,000. The highlighted band holds this one.

Show data
Where Sandy Bay 7005 sits among 97 TAS postcodes by median taxable income, ATO 2023–24
Band Number of TAS postcodes
$0 to $4,999 1
$5,000 to $9,999 0
$10,000 to $14,999 0
$15,000 to $19,999 0
$20,000 to $24,999 0
$25,000 to $29,999 0
$30,000 to $34,999 0
$35,000 to $39,999 2
$40,000 to $44,999 8
$45,000 to $49,999 20
$50,000 to $54,999 27
$55,000 to $59,999 (includes this one) 30
$60,000 to $64,999 8
$65,000 to $69,999 1

ATO Table 8

Average taxable income ($90,154) is more than 1.5 times median taxable income ($55,656) 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

Median and average taxable income by year, Sandy Bay 7005, ATO 2023–24
Median and average taxable income by year, Sandy Bay 7005, ATO 2023–24 $0 $20,000 $40,000 $60,000 $80,000 $100,000 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, Sandy Bay 7005, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $30,749$44,285
2013–14 $41,407$67,153
2014–15 $42,068$67,715
2015–16 $41,242$67,681
2016–17 $41,044$67,308
2017–18 $40,281$70,678
2018–19 $40,738$70,308
2019–20 $40,886$70,096
2020–21 $43,441$75,313
2021–22 $48,701$90,459
2022–23 $53,357$86,944
2023–24 $55,656$90,154

ATO Table 8

Taxable income by year, postcode 7005, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–048,295$30,749$44,285
2013–148,129$41,407$67,153
2014–158,264$42,068$67,715
2015–168,396$41,242$67,681
2016–178,627$41,044$67,308
2017–188,905$40,281$70,678
2018–199,173$40,738$70,308
2019–209,321$40,886$70,096
2020–219,706$43,441$75,313
2021–229,634$48,701$90,459
2022–239,401$53,357$86,944
2023–249,578$55,656$90,154

ATO Table 8

34.41%

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 7005, from ABS postal area boundaries (2021).

Median taxable income in 7005 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Mount Nelson 7007$59,57012
Margate 7054$59,33714
South Hobart 7004$59,06117
Taroona 7053$58,94119
West Hobart 7000$58,73820
Sandy Bay 7005$55,65635

ATO Table 8; boundaries from the ABS

Where it sits in Hobart

Sandy Bay 7005 ranks 5 of 5 postcodes in the Hobart 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 Hobart local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
New Town 700899% of this postcode is in the LGA1$62,729
Mount Nelson 70072$59,570
South Hobart 70043$59,061
West Hobart 70004$58,738
Sandy Bay 70055$55,656

ATO Table 8; LGA from the ABS postcode to LGA correspondence (2025)

Ranked next to it in TAS

Five postcodes above and five below in the same state, or fewer at either end of the ranking.

Postcodes ranked immediately above and below 7005 in TAS by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Legana 727730$56,511
South Arm 702231$56,389
Hillwood 725232$56,153
Strahan 746833$55,834
Dodges Ferry 717334$55,668
Sorell 717236$55,252
Shorewell Park 732037$55,239
Risdon Vale 701638$55,232
Moonah 700939$55,182
Bridgewater 703040$54,741

ATO Table 8