Postcode ATO 2023–24
Rainbow 3424 income
The median taxable income for Rainbow postcode 3424 was $52,579 in 2023–24, and the average taxable income was $76,006 (ATO Table 8).
435 individuals; ranked 344 of 594 in VIC; ranked 1,476 of 2,283 nationally by median taxable income.
435
individuals, ATO 2023–24
ATO Table 8
$52,579
median taxable income, ATO 2023–24
ATO Table 8
$76,006
average taxable income, ATO 2023–24
ATO Table 8
344
state rank by median taxable income, ATO 2023–24
of 594
ATO Table 8
1,476
national rank by median taxable income, ATO 2023–24
of 2,283
ATO Table 8
Where it sits in VIC
Vertical axis: Number of VIC postcodes. Horizontal axis: Median taxable income ($), ATO 2023–24, in bands of $2,000. The highlighted band holds this one.
Show data
| 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 $87,999 | 1 |
ATO Table 8
Taxable income by year
Vertical axis: Taxable income ($), 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
| Year | median taxable income | average taxable income |
|---|---|---|
| 2003–04 | $28,189 | $31,941 |
| 2013–14 | $36,445 | $44,763 |
| 2014–15 | $37,615 | $42,497 |
| 2015–16 | $33,170 | $36,878 |
| 2016–17 | $36,095 | $43,335 |
| 2017–18 | $38,589 | $49,162 |
| 2018–19 | $39,046 | $46,773 |
| 2019–20 | $45,269 | $55,107 |
| 2020–21 | $40,004 | $52,998 |
| 2021–22 | $44,081 | $60,967 |
| 2022–23 | $45,732 | $64,427 |
| 2023–24 | $52,579 | $76,006 |
ATO Table 8
| Year | individuals | median taxable income | average taxable income |
|---|---|---|---|
| 2003–04 | 500 | $28,189 | $31,941 |
| 2013–14 | 435 | $36,445 | $44,763 |
| 2014–15 | 413 | $37,615 | $42,497 |
| 2015–16 | 408 | $33,170 | $36,878 |
| 2016–17 | 420 | $36,095 | $43,335 |
| 2017–18 | 421 | $38,589 | $49,162 |
| 2018–19 | 415 | $39,046 | $46,773 |
| 2019–20 | 430 | $45,269 | $55,107 |
| 2020–21 | 438 | $40,004 | $52,998 |
| 2021–22 | 467 | $44,081 | $60,967 |
| 2022–23 | 445 | $45,732 | $64,427 |
| 2023–24 | 435 | $52,579 | $76,006 |
ATO Table 8
44.27%
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 3424, from ABS postal area boundaries (2021).
| Postcode | median taxable income | state rank by median taxable income |
|---|---|---|
| Beulah 3395 | 44 | |
| Warracknabeal 3393 | 260 | |
| Ouyen 3490 | 276 | |
| Nhill 3418 | 296 | |
| Hopetoun 3396 | 319 | |
| Rainbow 3424 | 344 |
ATO Table 8; boundaries from the ABS
Where it sits in Hindmarsh
Rainbow 3424 ranks 2 of 3 postcodes in the Hindmarsh local government area by median taxable income (ATO 2023–24, Table 8). About 85% of postcode 3424 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.
| Postcode | rank in the LGA by median taxable income | median taxable income |
|---|---|---|
| Nhill 341899% of this postcode is in the LGA | 1 | |
| Rainbow 342485% of this postcode is in the LGA | 2 | |
| Dimboola 3414 | 3 |
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.
| Postcode | state rank by median taxable income | median taxable income |
|---|---|---|
| Anglesea 3230 | 339 | $52,775 |
| Rosedale 3847 | 339 | $52,775 |
| Woolsthorpe 3276 | 341 | $52,756 |
| Beechworth 3747 | 342 | $52,734 |
| Clayton South 3169 | 343 | $52,632 |
| Linton 3360 | 345 | $52,531 |
| Moe 3825 | 346 | $52,530 |
| Portland 3305 | 347 | $52,479 |
| Frankston North 3200 | 348 | $52,450 |
| Yarra Junction 3797 | 349 | $52,445 |
ATO Table 8