ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

Kensington 3031 income

The median taxable income for Kensington postcode 3031 was $68,674 in 2023–24, and the average taxable income was $85,702 (ATO Table 8).

12,721 individuals; ranked 47 of 594 in VIC; ranked 299 of 2,283 nationally by median taxable income.

12,721

individuals, ATO 2023–24

ATO Table 8

$68,674

median taxable income, ATO 2023–24

ATO Table 8

$85,702

average taxable income, ATO 2023–24

ATO Table 8

47

state rank by median taxable income, ATO 2023–24

of 594

ATO Table 8

299

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in VIC

Where Kensington 3031 sits among 594 VIC postcodes by median taxable income, ATO 2023–24
Where Kensington 3031 sits among 594 VIC postcodes by median taxable income, ATO 2023–24 0 20 40 60 This postcode: $68,674 $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 Kensington 3031 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 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 (includes this one) 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, Kensington 3031, ATO 2023–24
Median and average taxable income by year, Kensington 3031, 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, Kensington 3031, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $34,659$38,911
2013–14 $49,586$60,648
2014–15 $50,110$61,430
2015–16 $51,407$63,615
2016–17 $53,429$65,413
2017–18 $54,725$68,530
2018–19 $57,398$71,707
2019–20 $59,663$74,176
2020–21 $61,556$77,580
2021–22 $64,520$81,601
2022–23 $67,204$84,530
2023–24 $68,674$85,702

ATO Table 8

Taxable income by year, postcode 3031, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–049,213$34,659$38,911
2013–1410,640$49,586$60,648
2014–1510,744$50,110$61,430
2015–1610,951$51,407$63,615
2016–1711,197$53,429$65,413
2017–1811,724$54,725$68,530
2018–1912,078$57,398$71,707
2019–2011,931$59,663$74,176
2020–2111,297$61,556$77,580
2021–2211,463$64,520$81,601
2022–2312,177$67,204$84,530
2023–2412,721$68,674$85,702

ATO Table 8

38.49%

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 3031, from ABS postal area boundaries (2021).

Median taxable income in 3031 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Kensington 3031$68,67447
Ascot Vale 3032$64,53093
Footscray 3011$57,799213
North Melbourne 3051$53,834313
West Melbourne 3003$53,399323
Parkville 3052$50,212412

ATO Table 8; boundaries from the ABS

Where it sits in Melbourne

Kensington 3031 ranks 2 of 9 postcodes in the Melbourne local government area by median taxable income (ATO 2023–24, Table 8). About 61% of postcode 3031 is inside this LGA.

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)

Where it sits in Moonee Valley

Kensington 3031 ranks 4 of 8 postcodes in the Moonee Valley local government area by median taxable income (ATO 2023–24, Table 8). About 39% of postcode 3031 is inside this LGA.

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 Moonee Valley local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
Moonee Ponds 30391$72,050
Essendon 30402$70,597
Strathmore 30413$69,716
Kensington 303139% of this postcode is in the LGA4$68,674
Airport West 304284% of this postcode is in the LGA5$67,217
Keilor East 30336$65,669
Ascot Vale 303258% of this postcode is in the LGA7$64,530
Avondale Heights 30348$61,637

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 3031 in VIC by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
South Melbourne 320542$69,273
Thornbury 307143$69,255
Beulah 339544$69,127
Viewbank 308445$68,983
Diamond Creek 308946$68,741
Pascoe Vale 304448$68,612
Chelsea 319649$68,514
Canterbury 312650$68,259
Gisborne 343751$68,248
Watsonia 308752$68,243

ATO Table 8