ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

Watson 2602 income

The median taxable income for Watson postcode 2602 was $79,126 in 2023–24, and the average taxable income was $95,073 (ATO Table 8).

24,069 individuals; ranked 8 of 24 in ACT; ranked 78 of 2,283 nationally by median taxable income.

24,069

individuals, ATO 2023–24

ATO Table 8

$79,126

median taxable income, ATO 2023–24

ATO Table 8

$95,073

average taxable income, ATO 2023–24

ATO Table 8

8

state rank by median taxable income, ATO 2023–24

of 24

ATO Table 8

78

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in ACT

Where Watson 2602 sits among 24 ACT postcodes by median taxable income, ATO 2023–24
Where Watson 2602 sits among 24 ACT postcodes by median taxable income, ATO 2023–24 0 2 4 6 8 This postcode: $79,126 $50,000 $60,000 $70,000 $80,000 $90,000 Median taxable income ($), ATO 2023–24

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

Show data
Where Watson 2602 sits among 24 ACT postcodes by median taxable income, ATO 2023–24
Band Number of ACT postcodes
$50,000 to $54,999 1
$55,000 to $59,999 1
$60,000 to $64,999 1
$65,000 to $69,999 1
$70,000 to $74,999 7
$75,000 to $79,999 (includes this one) 6
$80,000 to $84,999 4
$85,000 to $89,999 0
$90,000 to $94,999 3

ATO Table 8

Taxable income by year

Median and average taxable income by year, Watson 2602, ATO 2023–24
Median and average taxable income by year, Watson 2602, ATO 2023–24 $0 $20,000 $40,000 $60,000 $80,000 $100,000 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, Watson 2602, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $35,997$41,004
2013–14 $57,584$68,424
2014–15 $57,245$68,256
2015–16 $58,742$70,885
2016–17 $58,469$71,274
2017–18 $59,921$72,821
2018–19 $62,841$75,693
2019–20 $64,315$79,393
2020–21 $67,612$83,191
2021–22 $71,027$87,803
2022–23 $74,570$90,141
2023–24 $79,126$95,073

ATO Table 8

Taxable income by year, postcode 2602, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–0417,431$35,997$41,004
2013–1419,072$57,584$68,424
2014–1519,096$57,245$68,256
2015–1619,457$58,742$70,885
2016–1719,924$58,469$71,274
2017–1820,613$59,921$72,821
2018–1921,263$62,841$75,693
2019–2022,009$64,315$79,393
2020–2122,409$67,612$83,191
2021–2223,085$71,027$87,803
2022–2323,679$74,570$90,141
2023–2424,069$79,126$95,073

ATO Table 8

37.41%

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 2602, from ABS postal area boundaries (2021).

Median taxable income in 2602 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Braddon 2612$82,9855
Crace 2911$81,5557
Watson 2602$79,1268
Belconnen 2617$68,26821
Gungahlin 2912$63,57622
Fyshwick 2609$59,44423
City 2601$50,98224

ATO Table 8; boundaries from the ABS

Where it sits in Unincorporated ACT

Watson 2602 ranks 8 of 24 postcodes in the Unincorporated ACT 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. This LGA has 24 published postcodes; the ones ranked closest to 2602 are listed.

Postcodes in the Unincorporated ACT local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
Narrabundah 26043$91,816
Curtin 26054$83,965
Braddon 26125$82,985
Weston 26116$82,176
Crace 29117$81,555
Watson 26028$79,126
Farrer 26079$77,582
Harrison 291410$76,544
Gordon 290611$76,263
Monash 290412$75,307
Phillip 260613$75,167

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

Ranked next to it in ACT

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

Postcodes ranked immediately above and below 2602 in ACT by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Narrabundah 26043$91,816
Curtin 26054$83,965
Braddon 26125$82,985
Weston 26116$82,176
Crace 29117$81,555
Farrer 26079$77,582
Harrison 291410$76,544
Gordon 290611$76,263
Monash 290412$75,307
Phillip 260613$75,167

ATO Table 8