ATO Taxation Statistics 2023–24 edition

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Postcode ATO 2023–24

Ultimo 2007 income

The median taxable income for Ultimo postcode 2007 was $39,114 in 2023–24, and the average taxable income was $60,232 (ATO Table 8).

5,442 individuals; ranked 572 of 589 in NSW; ranked 2,240 of 2,283 nationally by median taxable income.

5,442

individuals, ATO 2023–24

ATO Table 8

$39,114

median taxable income, ATO 2023–24

ATO Table 8

$60,232

average taxable income, ATO 2023–24

ATO Table 8

572

state rank by median taxable income, ATO 2023–24

of 589

ATO Table 8

2,240

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in NSW

Where Ultimo 2007 sits among 589 NSW postcodes by median taxable income, ATO 2023–24
Where Ultimo 2007 sits among 589 NSW postcodes by median taxable income, ATO 2023–24 0 50 100 150 This postcode: $39,114 $20,000 $40,000 $60,000 $80,000 $100,000 Median taxable income ($), ATO 2023–24

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

Show data
Where Ultimo 2007 sits among 589 NSW postcodes by median taxable income, ATO 2023–24
Band Number of NSW postcodes
$15,000 to $19,999 1
$20,000 to $24,999 0
$25,000 to $29,999 0
$30,000 to $34,999 4
$35,000 to $39,999 (includes this one) 16
$40,000 to $44,999 42
$45,000 to $49,999 95
$50,000 to $54,999 102
$55,000 to $59,999 104
$60,000 to $64,999 83
$65,000 to $69,999 64
$70,000 to $74,999 29
$75,000 to $79,999 17
$80,000 to $84,999 14
$85,000 to $89,999 12
$90,000 to $94,999 5
$95,000 to $99,999 1

ATO Table 8

Average taxable income ($60,232) is more than 1.5 times median taxable income ($39,114) 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, Ultimo 2007, ATO 2023–24
Median and average taxable income by year, Ultimo 2007, ATO 2023–24 $0 $20,000 $40,000 $60,000 $80,000 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, Ultimo 2007, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $23,584$32,155
2013–14 $32,969$46,841
2014–15 $31,474$46,549
2015–16 $31,049$47,040
2016–17 $29,682$46,529
2017–18 $29,967$47,170
2018–19 $32,728$50,321
2019–20 $32,856$52,342
2020–21 $39,486$57,167
2021–22 $41,108$61,333
2022–23 $41,716$59,906
2023–24 $39,114$60,232

ATO Table 8

Taxable income by year, postcode 2007, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–043,119$23,584$32,155
2013–144,729$32,969$46,841
2014–154,769$31,474$46,549
2015–164,879$31,049$47,040
2016–175,184$29,682$46,529
2017–185,032$29,967$47,170
2018–194,867$32,728$50,321
2019–204,971$32,856$52,342
2020–215,222$39,486$57,167
2021–225,159$41,108$61,333
2022–235,431$41,716$59,906
2023–245,442$39,114$60,232

ATO Table 8

18.64%

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 2007, from ABS postal area boundaries (2021).

Median taxable income in 2007 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Glebe 2037$68,574103
Pyrmont 2009$61,092198
Chippendale 2008$48,919450
Sydney 2000$40,697565
Ultimo 2007$39,114572

ATO Table 8; boundaries from the ABS

Where it sits in Sydney

Ultimo 2007 ranks 15 of 15 postcodes in the Sydney 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 Sydney local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
Erskineville 20431$95,164
Alexandria 20152$88,973
Paddington 202134% of this postcode is in the LGA3$86,584
Camperdown 205064% of this postcode is in the LGA4$77,327
Potts Point 20115$75,475
Surry Hills 20106$74,345
Newtown 204236% of this postcode is in the LGA7$73,164
Redfern 20168$71,245
Waterloo 20179$68,753
Glebe 203710$68,574
Rosebery 201855% of this postcode is in the LGA11$63,251
Pyrmont 200912$61,092
Chippendale 200813$48,919
Sydney 200014$40,697
Ultimo 200715$39,114

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

Ranked next to it in NSW

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

Postcodes ranked immediately above and below 2007 in NSW by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Bingara 2404567$40,231
Auburn 2144568$40,125
Dorrigo 2453569$39,940
Mullumbimby 2482570$39,782
Delungra 2403571$39,280
Binnaway 2395573$39,062
Bowraville 2449575$38,241
Iluka 2466576$38,122
Woodenbong 2476577$37,977
Mendooran 2842578$37,786

ATO Table 8