Postcode ATO 2023–24
Elphinstone 3448 income
The median taxable income for Elphinstone postcode 3448 was $48,535 in 2023–24, and the average taxable income was $66,327 (ATO Table 8).
625 individuals; ranked 452 of 594 in VIC; ranked 1,802 of 2,283 nationally by median taxable income.
625
individuals, ATO 2023–24
ATO Table 8
$48,535
median taxable income, ATO 2023–24
ATO Table 8
$66,327
average taxable income, ATO 2023–24
ATO Table 8
452
state rank by median taxable income, ATO 2023–24
of 594
ATO Table 8
1,802
national rank by median taxable income, ATO 2023–24
of 2,283
ATO Table 8
Where it sits in VIC
Vertical axis: Number of VIC postcodes. Horizontal axis: Median taxable income ($), 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 (includes this one) | 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 | 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 | $25,081 | $28,875 |
| 2013–14 | $32,399 | $43,342 |
| 2014–15 | $32,053 | $43,793 |
| 2015–16 | $33,687 | $43,956 |
| 2016–17 | $39,381 | $49,500 |
| 2017–18 | $42,773 | $53,802 |
| 2018–19 | $43,070 | $55,142 |
| 2019–20 | $42,376 | $57,223 |
| 2020–21 | $43,289 | $60,256 |
| 2021–22 | $45,617 | $64,059 |
| 2022–23 | $47,556 | $65,099 |
| 2023–24 | $48,535 | $66,327 |
ATO Table 8
| Year | individuals | median taxable income | average taxable income |
|---|---|---|---|
| 2003–04 | 474 | $25,081 | $28,875 |
| 2013–14 | 501 | $32,399 | $43,342 |
| 2014–15 | 515 | $32,053 | $43,793 |
| 2015–16 | 518 | $33,687 | $43,956 |
| 2016–17 | 506 | $39,381 | $49,500 |
| 2017–18 | 543 | $42,773 | $53,802 |
| 2018–19 | 556 | $43,070 | $55,142 |
| 2019–20 | 559 | $42,376 | $57,223 |
| 2020–21 | 568 | $43,289 | $60,256 |
| 2021–22 | 579 | $45,617 | $64,059 |
| 2022–23 | 593 | $47,556 | $65,099 |
| 2023–24 | 625 | $48,535 | $66,327 |
ATO Table 8
49.80%
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 3448, from ABS postal area boundaries (2021).
| Postcode | median taxable income | state rank by median taxable income |
|---|---|---|
| Strathfieldsaye 3551 | 162 | |
| Malmsbury 3446 | 233 | |
| Kyneton 3444 | 274 | |
| Harcourt 3453 | 321 | |
| Campbells Creek 3451 | 384 | |
| Elphinstone 3448 | 452 | |
| Taradale 3447 | 495 |
ATO Table 8; boundaries from the ABS
Where it sits in Mount Alexander
Elphinstone 3448 ranks 3 of 7 postcodes in the Mount Alexander 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.
| Postcode | rank in the LGA by median taxable income | median taxable income |
|---|---|---|
| Harcourt 345369% of this postcode is in the LGA | 1 | |
| Campbells Creek 345199% of this postcode is in the LGA | 2 | |
| Elphinstone 3448 | 3 | |
| Castlemaine 3450 | 4 | |
| Taradale 3447 | 5 | |
| Maldon 346390% of this postcode is in the LGA | 6 | |
| Newstead 3462 | 7 |
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 |
|---|---|---|
| Mirboo North 3871 | 447 | $48,635 |
| Gunbower 3566 | 448 | $48,588 |
| Rochester 3561 | 449 | $48,572 |
| Rushworth 3612 | 450 | $48,569 |
| Willaura 3379 | 451 | $48,567 |
| Noble Park 3174 | 453 | $48,527 |
| Tungamah 3728 | 454 | $48,509 |
| Murrayville 3512 | 455 | $48,488 |
| Inverloch 3996 | 456 | $48,421 |
| Colbinabbin 3559 | 457 | $48,400 |
ATO Table 8