ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

Newtown 3220 income

The median taxable income for Newtown postcode 3220 was $62,091 in 2023–24, and the average taxable income was $99,039 (ATO Table 8).

11,843 individuals; ranked 123 of 594 in VIC; ranked 634 of 2,283 nationally by median taxable income.

11,843

individuals, ATO 2023–24

ATO Table 8

$62,091

median taxable income, ATO 2023–24

ATO Table 8

$99,039

average taxable income, ATO 2023–24

ATO Table 8

123

state rank by median taxable income, ATO 2023–24

of 594

ATO Table 8

634

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in VIC

Where Newtown 3220 sits among 594 VIC postcodes by median taxable income, ATO 2023–24
Where Newtown 3220 sits among 594 VIC postcodes by median taxable income, ATO 2023–24 0 20 40 60 This postcode: $62,091 $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 Newtown 3220 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 (includes this one) 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

Average taxable income ($99,039) is more than 1.5 times median taxable income ($62,091) 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, Newtown 3220, ATO 2023–24
Median and average taxable income by year, Newtown 3220, 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, Newtown 3220, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $30,248$41,545
2013–14 $43,502$65,129
2014–15 $45,055$68,868
2015–16 $46,602$77,662
2016–17 $48,651$70,381
2017–18 $50,475$77,652
2018–19 $51,298$78,110
2019–20 $53,394$78,254
2020–21 $56,443$88,772
2021–22 $57,846$93,586
2022–23 $60,426$95,955
2023–24 $62,091$99,039

ATO Table 8

Taxable income by year, postcode 3220, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–0410,353$30,248$41,545
2013–1410,773$43,502$65,129
2014–1510,865$45,055$68,868
2015–1610,816$46,602$77,662
2016–1711,008$48,651$70,381
2017–1811,194$50,475$77,652
2018–1911,351$51,298$78,110
2019–2011,560$53,394$78,254
2020–2111,498$56,443$88,772
2021–2211,450$57,846$93,586
2022–2311,702$60,426$95,955
2023–2411,843$62,091$99,039

ATO Table 8

42.73%

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 3220, from ABS postal area boundaries (2021).

Median taxable income in 3220 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Geelong West 3218$65,26087
Newtown 3220$62,091123
Bell Park 3215$57,726215
Highton 3216$57,369226
East Geelong 3219$54,495293

ATO Table 8; boundaries from the ABS

Where it sits in Greater Geelong

Newtown 3220 ranks 3 of 17 postcodes in the Greater Geelong 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 Greater Geelong local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
Geelong West 321899% of this postcode is in the LGA1$65,260
Mount Duneed 321796% of this postcode is in the LGA2$63,311
Newtown 32203$62,091
Barwon Heads 322796% of this postcode is in the LGA4$61,481
Lara 32125$61,235
Lovely Banks 321381% of this postcode is in the LGA6$59,021
Barrabool 322133% of this postcode is in the LGA7$58,927
Ocean Grove 32268$58,314
Bell Park 32159$57,726
Highton 321610$57,369
Clifton Springs 322211$55,600
Little River 321146% of this postcode is in the LGA12$55,000
Leopold 322413$54,920
East Geelong 321914$54,495
Corio 321415$49,501
Point Lonsdale 322539% of this postcode is in the LGA16$48,921
Portarlington 322317$47,119

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 3220 in VIC by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Wattle Glen 3096118$62,327
Chirnside Park 3116119$62,281
Langwarrin 3910120$62,258
Manangatang 3546121$62,230
Croydon 3136122$62,182
The Patch 3792124$62,011
Marong 3515125$61,987
Warrandyte 3113126$61,817
Seaford 3198127$61,757
Lilydale 3140128$61,712

ATO Table 8