ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

West Melbourne 3003 income

The median taxable income for West Melbourne postcode 3003 was $53,399 in 2023–24, and the average taxable income was $70,355 (ATO Table 8).

7,394 individuals; ranked 323 of 594 in VIC; ranked 1,402 of 2,283 nationally by median taxable income.

7,394

individuals, ATO 2023–24

ATO Table 8

$53,399

median taxable income, ATO 2023–24

ATO Table 8

$70,355

average taxable income, ATO 2023–24

ATO Table 8

323

state rank by median taxable income, ATO 2023–24

of 594

ATO Table 8

1,402

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in VIC

Where West Melbourne 3003 sits among 594 VIC postcodes by median taxable income, ATO 2023–24
Where West Melbourne 3003 sits among 594 VIC postcodes by median taxable income, ATO 2023–24 0 20 40 60 This postcode: $53,399 $40,000 $60,000 $80,000 Median taxable income ($), ATO 2023–24

Vertical axis: Number of VIC postcodes. Horizontal axis: Median taxable income ($), ATO 2023–24, in bands of $2,000. The highlighted band holds this one.

Show data
Where West Melbourne 3003 sits among 594 VIC postcodes by median taxable income, ATO 2023–24
Band Number of VIC postcodes
$34,000 to $35,999 3
$36,000 to $37,999 1
$38,000 to $39,999 2
$40,000 to $41,999 11
$42,000 to $43,999 22
$44,000 to $45,999 38
$46,000 to $47,999 46
$48,000 to $49,999 55
$50,000 to $51,999 54
$52,000 to $53,999 (includes this one) 56
$54,000 to $55,999 50
$56,000 to $57,999 48
$58,000 to $59,999 44
$60,000 to $61,999 40
$62,000 to $63,999 27
$64,000 to $65,999 21
$66,000 to $67,999 22
$68,000 to $69,999 15
$70,000 to $71,999 11
$72,000 to $73,999 8
$74,000 to $75,999 8
$76,000 to $77,999 3
$78,000 to $79,999 5
$80,000 to $81,999 1
$82,000 to $83,999 2
$84,000 to $85,999 0
$86,000 to $87,999 1

ATO Table 8

Taxable income by year

Median and average taxable income by year, West Melbourne 3003, ATO 2023–24
Median and average taxable income by year, West Melbourne 3003, 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, West Melbourne 3003, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $31,524$40,221
2013–14 $44,297$57,488
2014–15 $44,615$58,095
2015–16 $44,228$59,999
2016–17 $43,618$59,351
2017–18 $45,844$61,479
2018–19 $46,169$62,345
2019–20 $48,119$64,092
2020–21 $49,616$67,076
2021–22 $52,489$70,007
2022–23 $55,461$69,393
2023–24 $53,399$70,355

ATO Table 8

Taxable income by year, postcode 3003, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–041,690$31,524$40,221
2013–142,947$44,297$57,488
2014–153,227$44,615$58,095
2015–163,571$44,228$59,999
2016–173,941$43,618$59,351
2017–184,520$45,844$61,479
2018–195,039$46,169$62,345
2019–205,538$48,119$64,092
2020–215,743$49,616$67,076
2021–226,005$52,489$70,007
2022–236,727$55,461$69,393
2023–247,394$53,399$70,355

ATO Table 8

20.55%

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 3003, from ABS postal area boundaries (2021).

Median taxable income in 3003 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Port Melbourne 3207$79,5995
Yarraville 3013$78,3359
Kensington 3031$68,67447
Docklands 3008$61,642131
Footscray 3011$57,799213
North Melbourne 3051$53,834313
West Melbourne 3003$53,399323
Melbourne 3000$34,511594

ATO Table 8; boundaries from the ABS

Where it sits in Melbourne

West Melbourne 3003 ranks 6 of 9 postcodes in the Melbourne 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 Melbourne local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
East Melbourne 30021$79,301
Kensington 303161% of this postcode is in the LGA2$68,674
Docklands 30083$61,642
Southbank 300699% of this postcode is in the LGA4$57,373
North Melbourne 30515$53,834
West Melbourne 30036$53,399
Parkville 30527$50,212
Carlton 30538$37,313
Melbourne 30009$34,511

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

Ranked next to it in VIC

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

Postcodes ranked immediately above and below 3003 in VIC by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Wahgunyah 3687318$53,683
Hopetoun 3396319$53,500
Kangaroo Flat 3555320$53,462
Harcourt 3453321$53,443
Springhurst 3682322$53,421
Bundoora 3083324$53,393
Murtoa 3390325$53,373
Stratford 3862326$53,259
Colac 3250327$53,256
Eldorado 3746328$53,249

ATO Table 8