ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

Woodside 3874 income

The median taxable income for Woodside postcode 3874 was $43,697 in 2023–24, and the average taxable income was $117,218 (ATO Table 8).

364 individuals; ranked 563 of 594 in VIC; ranked 2,128 of 2,283 nationally by median taxable income.

364

individuals, ATO 2023–24

ATO Table 8

$43,697

median taxable income, ATO 2023–24

ATO Table 8

$117,218

average taxable income, ATO 2023–24

ATO Table 8

563

state rank by median taxable income, ATO 2023–24

of 594

ATO Table 8

2,128

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in VIC

Where Woodside 3874 sits among 594 VIC postcodes by median taxable income, ATO 2023–24
Where Woodside 3874 sits among 594 VIC postcodes by median taxable income, ATO 2023–24 0 20 40 60 This postcode: $43,697 $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 Woodside 3874 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 (includes this one) 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 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 ($117,218) is more than 1.5 times median taxable income ($43,697) 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, Woodside 3874, ATO 2023–24
Median and average taxable income by year, Woodside 3874, ATO 2023–24 $0 $50,000 $100,000 $150,000 $200,000 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, Woodside 3874, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $20,428$25,889
2013–14 $31,930$115,980
2014–15 $33,065$95,100
2015–16 $36,818$138,029
2016–17 $34,169$46,314
2017–18 $37,009$44,998
2018–19 $35,585$93,688
2019–20 $35,219$154,158
2020–21 $41,450$118,250
2021–22 $38,609$107,669
2022–23 $39,620$105,360
2023–24 $43,697$117,218

ATO Table 8

Taxable income by year, postcode 3874, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–04301$20,428$25,889
2013–14323$31,930$115,980
2014–15344$33,065$95,100
2015–16343$36,818$138,029
2016–17333$34,169$46,314
2017–18342$37,009$44,998
2018–19366$35,585$93,688
2019–20371$35,219$154,158
2020–21363$41,450$118,250
2021–22389$38,609$107,669
2022–23386$39,620$105,360
2023–24364$43,697$117,218

ATO Table 8

36.85%

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 3874, from ABS postal area boundaries (2021).

Median taxable income in 3874 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Traralgon 3844$58,836191
Longford 3851$46,324507
Yarram 3971$44,136554
Woodside 3874$43,697563

ATO Table 8; boundaries from the ABS

Where it sits in Wellington

Woodside 3874 ranks 11 of 11 postcodes in the Wellington 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 Wellington local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
Sale 38501$54,343
Stratford 38622$53,259
Rosedale 38473$52,775
Newry 38594$51,535
Maffra 38605$51,420
Cowwarr 385781% of this postcode is in the LGA6$51,347
Heyfield 38587$50,467
Longford 38518$46,324
Gormandale 38739$44,819
Yarram 397110$44,136
Woodside 387411$43,697

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 3874 in VIC by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Newstead 3462558$43,843
Buxton 3711559$43,756
Bass 3991560$43,752
Tawonga 3697561$43,719
Venus Bay 3956562$43,713
Paynesville 3880564$43,663
Dunolly 3472565$43,622
Wunghnu 3635566$43,558
Apsley 3319567$43,441
Casterton 3311568$43,424

ATO Table 8