ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

Red Hill 3937 income

The median taxable income for Red Hill postcode 3937 was $54,897 in 2023–24, and the average taxable income was $143,136 (ATO Table 8).

1,057 individuals; ranked 283 of 594 in VIC; ranked 1,263 of 2,283 nationally by median taxable income.

1,057

individuals, ATO 2023–24

ATO Table 8

$54,897

median taxable income, ATO 2023–24

ATO Table 8

$143,136

average taxable income, ATO 2023–24

ATO Table 8

283

state rank by median taxable income, ATO 2023–24

of 594

ATO Table 8

1,263

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in VIC

Where Red Hill 3937 sits among 594 VIC postcodes by median taxable income, ATO 2023–24
Where Red Hill 3937 sits among 594 VIC postcodes by median taxable income, ATO 2023–24 0 20 40 60 This postcode: $54,897 $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 Red Hill 3937 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 (includes this one) 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 ($143,136) is more than 1.5 times median taxable income ($54,897) 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, Red Hill 3937, ATO 2023–24
Median and average taxable income by year, Red Hill 3937, ATO 2023–24 $0 $50,000 $100,000 $150,000 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, Red Hill 3937, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $28,187$40,332
2013–14 $38,290$66,262
2014–15 $38,947$64,084
2015–16 $41,526$73,557
2016–17 $41,151$66,999
2017–18 $45,807$76,120
2018–19 $44,257$71,969
2019–20 $47,866$108,576
2020–21 $52,180$102,474
2021–22 $55,077$115,095
2022–23 $51,429$109,977
2023–24 $54,897$143,136

ATO Table 8

Taxable income by year, postcode 3937, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–041,227$28,187$40,332
2013–141,150$38,290$66,262
2014–151,124$38,947$64,084
2015–161,064$41,526$73,557
2016–171,081$41,151$66,999
2017–181,100$45,807$76,120
2018–191,058$44,257$71,969
2019–201,094$47,866$108,576
2020–211,067$52,180$102,474
2021–221,053$55,077$115,095
2022–231,053$51,429$109,977
2023–241,057$54,897$143,136

ATO Table 8

43.37%

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 3937, from ABS postal area boundaries (2021).

Median taxable income in 3937 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Shoreham 3916$57,842212
Main Ridge 3928$55,999257
Red Hill 3937$54,897283
Balnarring 3926$54,642289
Dromana 3936$51,620376

ATO Table 8; boundaries from the ABS

Where it sits in Mornington Peninsula

Red Hill 3937 ranks 15 of 25 postcodes in the Mornington Peninsula 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. This LGA has 25 published postcodes; the ones ranked closest to 3937 are listed.

Postcodes in the Mornington Peninsula local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
Flinders 392910$56,560
Crib Point 391911$56,156
Main Ridge 392812$55,999
Moorooduc 393313$55,712
Bittern 391814$55,373
Red Hill 393715$54,897
Mornington 393116$54,715
Balnarring 392617$54,642
Hastings 391518$53,878
Somers 392719$52,176
Blairgowrie 394220$52,117

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 3937 in VIC by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Ardeer 3022278$54,946
Trafalgar 3824279$54,945
Leopold 3224280$54,920
Lang Lang 3984281$54,911
Stony Creek 3957282$54,898
Epping 3076284$54,893
Garfield 3814285$54,838
Monbulk 3793286$54,754
Mornington 3931287$54,715
Derrimut 3026288$54,711

ATO Table 8