ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

Drummoyne 2047 income

The median taxable income for Drummoyne postcode 2047 was $80,213 in 2023–24, and the average taxable income was $128,336 (ATO Table 8).

8,114 individuals; ranked 32 of 589 in NSW; ranked 73 of 2,283 nationally by median taxable income.

8,114

individuals, ATO 2023–24

ATO Table 8

$80,213

median taxable income, ATO 2023–24

ATO Table 8

$128,336

average taxable income, ATO 2023–24

ATO Table 8

32

state rank by median taxable income, ATO 2023–24

of 589

ATO Table 8

73

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in NSW

Where Drummoyne 2047 sits among 589 NSW postcodes by median taxable income, ATO 2023–24
Where Drummoyne 2047 sits among 589 NSW postcodes by median taxable income, ATO 2023–24 0 50 100 150 This postcode: $80,213 $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 Drummoyne 2047 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 (includes this one) 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 ($128,336) is more than 1.5 times median taxable income ($80,213) 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, Drummoyne 2047, ATO 2023–24
Median and average taxable income by year, Drummoyne 2047, ATO 2023–24 $0 $50,000 $100,000 $150,000 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, Drummoyne 2047, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $42,017$56,142
2013–14 $60,843$90,204
2014–15 $62,417$91,443
2015–16 $62,821$93,342
2016–17 $63,528$93,589
2017–18 $65,217$98,108
2018–19 $66,925$99,678
2019–20 $69,061$106,374
2020–21 $72,505$111,020
2021–22 $76,386$120,152
2022–23 $77,809$122,025
2023–24 $80,213$128,336

ATO Table 8

Taxable income by year, postcode 2047, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–047,708$42,017$56,142
2013–147,626$60,843$90,204
2014–157,678$62,417$91,443
2015–167,763$62,821$93,342
2016–177,920$63,528$93,589
2017–188,061$65,217$98,108
2018–198,094$66,925$99,678
2019–208,050$69,061$106,374
2020–217,737$72,505$111,020
2021–227,729$76,386$120,152
2022–238,000$77,809$122,025
2023–248,114$80,213$128,336

ATO Table 8

31.84%

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 2047, from ABS postal area boundaries (2021).

Median taxable income in 2047 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Drummoyne 2047$80,21332
Five Dock 2046$76,72343

ATO Table 8; boundaries from the ABS

Where it sits in Canada Bay

Drummoyne 2047 ranks 1 of 4 postcodes in the Canada Bay 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 Canada Bay local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
Drummoyne 20471$80,213
Five Dock 20462$76,723
Concord 21373$67,221
Rhodes 21384$59,294

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 2047 in NSW by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Bungendore 262127$81,892
Fairlight 209428$81,836
Freshwater 209629$81,724
Manly 209530$81,447
Rose Bay 202931$80,277
Gladesville 211133$79,437
Willoughby 206834$79,063
Coogee 203435$78,928
Stanmore 204836$77,874
Balgowlah 209337$77,501

ATO Table 8