ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

Balmain 2041 income

The median taxable income for Balmain postcode 2041 was $91,200 in 2023–24, and the average taxable income was $168,980 (ATO Table 8).

10,792 individuals; ranked 6 of 589 in NSW; ranked 25 of 2,283 nationally by median taxable income.

10,792

individuals, ATO 2023–24

ATO Table 8

$91,200

median taxable income, ATO 2023–24

ATO Table 8

$168,980

average taxable income, ATO 2023–24

ATO Table 8

6

state rank by median taxable income, ATO 2023–24

of 589

ATO Table 8

25

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in NSW

Where Balmain 2041 sits among 589 NSW postcodes by median taxable income, ATO 2023–24
Where Balmain 2041 sits among 589 NSW postcodes by median taxable income, ATO 2023–24 0 50 100 150 This postcode: $91,200 $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 Balmain 2041 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 17
$80,000 to $84,999 14
$85,000 to $89,999 12
$90,000 to $94,999 (includes this one) 5
$95,000 to $99,999 1

ATO Table 8

Average taxable income ($168,980) is more than 1.5 times median taxable income ($91,200) 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, Balmain 2041, ATO 2023–24
Median and average taxable income by year, Balmain 2041, ATO 2023–24 $0 $50,000 $100,000 $150,000 $200,000 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, Balmain 2041, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $46,080$69,266
2013–14 $67,300$117,342
2014–15 $68,829$116,682
2015–16 $70,619$120,235
2016–17 $72,359$127,913
2017–18 $74,951$127,145
2018–19 $78,525$132,937
2019–20 $79,809$136,771
2020–21 $82,344$150,522
2021–22 $87,400$162,760
2022–23 $87,962$158,588
2023–24 $91,200$168,980

ATO Table 8

Taxable income by year, postcode 2041, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–0411,181$46,080$69,266
2013–1410,684$67,300$117,342
2014–1510,905$68,829$116,682
2015–1610,970$70,619$120,235
2016–1711,088$72,359$127,913
2017–1811,253$74,951$127,145
2018–1911,229$78,525$132,937
2019–2010,946$79,809$136,771
2020–2110,490$82,344$150,522
2021–2210,322$87,400$162,760
2022–2310,634$87,962$158,588
2023–2410,792$91,200$168,980

ATO Table 8

35.51%

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 2041, from ABS postal area boundaries (2021).

Median taxable income in 2041 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Rozelle 2039$92,9753
Balmain 2041$91,2006

ATO Table 8; boundaries from the ABS

Where it sits in Inner West

Balmain 2041 ranks 2 of 15 postcodes in the Inner West 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 Inner West local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
Rozelle 20391$92,975
Balmain 20412$91,200
Leichhardt 20403$85,182
Annandale 20384$83,832
Stanmore 20485$77,874
Camperdown 205036% of this postcode is in the LGA6$77,327
Petersham 20497$77,109
Summer Hill 21308$76,254
St Peters 20449$76,077
Dulwich Hill 220310$75,203
Haberfield 204511$73,658
Newtown 204264% of this postcode is in the LGA12$73,164
Marrickville 220413$71,241
Croydon 213240% of this postcode is in the LGA14$62,737
Ashfield 213115$59,621

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 2041 in NSW by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Erskineville 20431$95,164
Double Bay 20282$93,843
Rozelle 20393$92,975
Darling Point 20274$92,351
Cammeray 20625$92,012
Woollahra 20257$89,732
Jerrabomberra 26198$89,645
Alexandria 20159$88,973
Kirribilli 206110$87,713
Cremorne 209011$87,389

ATO Table 8