Postcode ATO 2023–24
Somerset 7322 income
The median taxable income for Somerset postcode 7322 was $54,513 in 2023–24, and the average taxable income was $64,402 (ATO Table 8).
2,221 individuals; ranked 41 of 97 in TAS; ranked 1,296 of 2,283 nationally by median taxable income.
2,221
individuals, ATO 2023–24
ATO Table 8
$54,513
median taxable income, ATO 2023–24
ATO Table 8
$64,402
average taxable income, ATO 2023–24
ATO Table 8
41
state rank by median taxable income, ATO 2023–24
of 97
ATO Table 8
1,296
national rank by median taxable income, ATO 2023–24
of 2,283
ATO Table 8
Where it sits in TAS
Vertical axis: Number of TAS postcodes. Horizontal axis: Median taxable income ($), ATO 2023–24, in bands of $5,000. The highlighted band holds this one.
Show data
| 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 (includes this one) | 27 |
| $55,000 to $59,999 | 30 |
| $60,000 to $64,999 | 8 |
| $65,000 to $69,999 | 1 |
ATO Table 8
Taxable income by year
Vertical axis: Taxable income ($), 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 | $25,872 | $28,981 |
| 2013–14 | $39,480 | $47,267 |
| 2014–15 | $40,461 | $48,548 |
| 2015–16 | $40,318 | $48,891 |
| 2016–17 | $41,154 | $48,146 |
| 2017–18 | $43,369 | $50,662 |
| 2018–19 | $45,395 | $52,169 |
| 2019–20 | $46,489 | $54,396 |
| 2020–21 | $49,053 | $56,402 |
| 2021–22 | $49,921 | $58,506 |
| 2022–23 | $52,036 | $60,526 |
| 2023–24 | $54,513 | $64,402 |
ATO Table 8
| Year | individuals | median taxable income | average taxable income |
|---|---|---|---|
| 2003–04 | 1,999 | $25,872 | $28,981 |
| 2013–14 | 1,935 | $39,480 | $47,267 |
| 2014–15 | 1,923 | $40,461 | $48,548 |
| 2015–16 | 1,955 | $40,318 | $48,891 |
| 2016–17 | 1,978 | $41,154 | $48,146 |
| 2017–18 | 2,023 | $43,369 | $50,662 |
| 2018–19 | 2,043 | $45,395 | $52,169 |
| 2019–20 | 2,072 | $46,489 | $54,396 |
| 2020–21 | 2,113 | $49,053 | $56,402 |
| 2021–22 | 2,122 | $49,921 | $58,506 |
| 2022–23 | 2,126 | $52,036 | $60,526 |
| 2023–24 | 2,221 | $54,513 | $64,402 |
ATO Table 8
38.08%
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 7322, from ABS postal area boundaries (2021).
| Postcode | median taxable income | state rank by median taxable income |
|---|---|---|
| Somerset 7322 | 41 | |
| Wynyard 7325 | 47 | |
| Ridgley 7321 | 54 |
ATO Table 8; boundaries from the ABS
Where it sits in Waratah-Wynyard
Somerset 7322 ranks 1 of 2 postcodes in the Waratah-Wynyard 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 |
|---|---|---|
| Somerset 7322 | 1 | |
| Wynyard 7325 | 2 |
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.
| Postcode | state rank by median taxable income | median taxable income |
|---|---|---|
| Sorell 7172 | 36 | $55,252 |
| Shorewell Park 7320 | 37 | $55,239 |
| Risdon Vale 7016 | 38 | $55,232 |
| Moonah 7009 | 39 | $55,182 |
| Bridgewater 7030 | 40 | $54,741 |
| Penguin 7316 | 42 | $54,501 |
| Opossum Bay 7023 | 43 | $54,453 |
| Evandale 7212 | 44 | $54,249 |
| Karoola 7267 | 45 | $54,104 |
| Currie 7256 | 46 | $54,060 |
ATO Table 8