ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

Randwick 2031 income

The median taxable income for Randwick postcode 2031 was $76,469 in 2023–24, and the average taxable income was $119,981 (ATO Table 8).

25,348 individuals; ranked 44 of 589 in NSW; ranked 105 of 2,283 nationally by median taxable income.

25,348

individuals, ATO 2023–24

ATO Table 8

$76,469

median taxable income, ATO 2023–24

ATO Table 8

$119,981

average taxable income, ATO 2023–24

ATO Table 8

44

state rank by median taxable income, ATO 2023–24

of 589

ATO Table 8

105

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in NSW

Where Randwick 2031 sits among 589 NSW postcodes by median taxable income, ATO 2023–24
Where Randwick 2031 sits among 589 NSW postcodes by median taxable income, ATO 2023–24 0 50 100 150 This postcode: $76,469 $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 Randwick 2031 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 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 (includes this one) 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 ($119,981) is more than 1.5 times median taxable income ($76,469) 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, Randwick 2031, ATO 2023–24
Median and average taxable income by year, Randwick 2031, ATO 2023–24 $0 $25,000 $50,000 $75,000 $100,000 $125,000 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, Randwick 2031, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $36,225$47,105
2013–14 $56,129$83,259
2014–15 $57,795$84,639
2015–16 $59,853$89,077
2016–17 $60,489$90,205
2017–18 $62,988$94,736
2018–19 $65,758$98,479
2019–20 $67,201$101,363
2020–21 $71,381$109,986
2021–22 $74,279$120,485
2022–23 $75,558$117,187
2023–24 $76,469$119,981

ATO Table 8

Taxable income by year, postcode 2031, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–0422,148$36,225$47,105
2013–1422,769$56,129$83,259
2014–1523,078$57,795$84,639
2015–1623,160$59,853$89,077
2016–1723,425$60,489$90,205
2017–1823,350$62,988$94,736
2018–1923,235$65,758$98,479
2019–2023,132$67,201$101,363
2020–2122,605$71,381$109,986
2021–2223,035$74,279$120,485
2022–2324,089$75,558$117,187
2023–2425,348$76,469$119,981

ATO Table 8

36.24%

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 2031, from ABS postal area boundaries (2021).

Median taxable income in 2031 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Paddington 2021$86,58414
Bronte 2024$85,59815
Coogee 2034$78,92835
Randwick 2031$76,46944
Bondi Junction 2022$71,24372
Maroubra 2035$67,318113
Kensington 2033$59,520243
Kingsford 2032$56,039303

ATO Table 8; boundaries from the ABS

Where it sits in Randwick

Randwick 2031 ranks 2 of 6 postcodes in the Randwick 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 Randwick local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
Coogee 20341$78,928
Randwick 20312$76,469
Maroubra 203589% of this postcode is in the LGA3$67,318
Matraville 203671% of this postcode is in the LGA4$64,246
Kensington 20335$59,520
Kingsford 203292% of this postcode is in the LGA6$56,039

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 2031 in NSW by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Petersham 204939$77,109
Bondi Beach 202640$77,103
Voyager Point 217241$77,016
Oyster Bay 222542$76,817
Five Dock 204643$76,723
Summer Hill 213045$76,254
St Peters 204446$76,077
Potts Point 201147$75,475
Karabar 262048$75,205
Dulwich Hill 220349$75,203

ATO Table 8