ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

Portsea 3944 income

The median taxable income for Portsea postcode 3944 was $75,809 in 2023–24, and the average taxable income was $321,988 (ATO Table 8).

656 individuals; ranked 13 of 594 in VIC; ranked 113 of 2,283 nationally by median taxable income.

656

individuals, ATO 2023–24

ATO Table 8

$75,809

median taxable income, ATO 2023–24

ATO Table 8

$321,988

average taxable income, ATO 2023–24

ATO Table 8

13

state rank by median taxable income, ATO 2023–24

of 594

ATO Table 8

113

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in VIC

Where Portsea 3944 sits among 594 VIC postcodes by median taxable income, ATO 2023–24
Where Portsea 3944 sits among 594 VIC postcodes by median taxable income, ATO 2023–24 0 20 40 60 This postcode: $75,809 $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 Portsea 3944 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 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 (includes this one) 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 ($321,988) is more than 1.5 times median taxable income ($75,809) 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, Portsea 3944, ATO 2023–24
Median and average taxable income by year, Portsea 3944, ATO 2023–24 $0 $100,000 $200,000 $300,000 $400,000 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, Portsea 3944, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $40,779$111,513
2013–14 $52,430$141,172
2014–15 $56,207$156,669
2015–16 $54,872$167,266
2016–17 $56,137$156,079
2017–18 $66,934$115,370
2018–19 $62,949$175,356
2019–20 $71,845$164,813
2020–21 $66,314$221,236
2021–22 $77,610$221,867
2022–23 $72,315$222,254
2023–24 $75,809$321,988

ATO Table 8

Taxable income by year, postcode 3944, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–04333$40,779$111,513
2013–14436$52,430$141,172
2014–15437$56,207$156,669
2015–16445$54,872$167,266
2016–17449$56,137$156,079
2017–18470$66,934$115,370
2018–19456$62,949$175,356
2019–20491$71,845$164,813
2020–21559$66,314$221,236
2021–22586$77,610$221,867
2022–23641$72,315$222,254
2023–24656$75,809$321,988

ATO Table 8

44.59%

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 3944, from ABS postal area boundaries (2021).

Median taxable income in 3944 and neighbouring postcodes, ATO 2023–24
Postcodemedian taxable incomestate rank by median taxable income
Portsea 3944$75,80913
Sorrento 3943$60,926150

ATO Table 8; boundaries from the ABS

Where it sits in Mornington Peninsula

Portsea 3944 ranks 1 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 3944 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
Portsea 39441$75,809
Mount Eliza 39302$65,430
Hmas Cerberus 39203$65,119
Sorrento 39434$60,926
Somerville 391276% of this postcode is in the LGA5$59,385
Mount Martha 39346$58,900

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 3944 in VIC by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Richmond 31218$78,482
Yarraville 30139$78,335
Newport 301510$77,948
Mount Macedon 344111$76,542
Collingwood 306612$76,534
Fitzroy North 306814$75,692
Brighton 318615$75,556
Glen Iris 314616$74,523
Northcote 307017$74,355
Elwood 318418$74,342

ATO Table 8