Postcode ATO 2023–24
Korumburra 3950 income
The median taxable income for Korumburra postcode 3950 was $50,365 in 2023–24, and the average taxable income was $58,685 (ATO Table 8).
3,042 individuals; ranked 408 of 594 in VIC; ranked 1,658 of 2,283 nationally by median taxable income.
3,042
individuals, ATO 2023–24
ATO Table 8
$50,365
median taxable income, ATO 2023–24
ATO Table 8
$58,685
average taxable income, ATO 2023–24
ATO Table 8
408
state rank by median taxable income, ATO 2023–24
of 594
ATO Table 8
1,658
national rank by median taxable income, ATO 2023–24
of 2,283
ATO Table 8
Where it sits in VIC
Vertical axis: Number of VIC postcodes. Horizontal axis: Median taxable income ($), 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 (includes this one) | 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 | $22,868 | $27,216 |
| 2013–14 | $35,468 | $43,332 |
| 2014–15 | $36,528 | $43,732 |
| 2015–16 | $36,278 | $44,947 |
| 2016–17 | $37,088 | $44,614 |
| 2017–18 | $38,390 | $46,152 |
| 2018–19 | $40,265 | $47,696 |
| 2019–20 | $41,343 | $49,282 |
| 2020–21 | $42,960 | $53,354 |
| 2021–22 | $45,212 | $56,078 |
| 2022–23 | $46,008 | $56,062 |
| 2023–24 | $50,365 | $58,685 |
ATO Table 8
| Year | individuals | median taxable income | average taxable income |
|---|---|---|---|
| 2003–04 | 2,292 | $22,868 | $27,216 |
| 2013–14 | 2,489 | $35,468 | $43,332 |
| 2014–15 | 2,456 | $36,528 | $43,732 |
| 2015–16 | 2,494 | $36,278 | $44,947 |
| 2016–17 | 2,539 | $37,088 | $44,614 |
| 2017–18 | 2,679 | $38,390 | $46,152 |
| 2018–19 | 2,748 | $40,265 | $47,696 |
| 2019–20 | 2,759 | $41,343 | $49,282 |
| 2020–21 | 2,832 | $42,960 | $53,354 |
| 2021–22 | 2,870 | $45,212 | $56,078 |
| 2022–23 | 2,963 | $46,008 | $56,062 |
| 2023–24 | 3,042 | $50,365 | $58,685 |
ATO Table 8
42.00%
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 3950, from ABS postal area boundaries (2021).
| Postcode | median taxable income | state rank by median taxable income |
|---|---|---|
| Buln Buln 3821 | 302 | |
| Korumburra 3950 | 408 | |
| Leongatha 3953 | 435 | |
| Poowong 3988 | 458 | |
| Kardella 3951 | 534 | |
| Loch 3945 | 552 |
ATO Table 8; boundaries from the ABS
Where it sits in South Gippsland
Korumburra 3950 ranks 3 of 14 postcodes in the South Gippsland 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 |
|---|---|---|
| Nyora 398796% of this postcode is in the LGA | 1 | |
| Stony Creek 3957 | 2 | |
| Korumburra 3950 | 3 | |
| Leongatha 3953 | 4 | |
| Mirboo North 387196% of this postcode is in the LGA | 5 | |
| Poowong 398887% of this postcode is in the LGA | 6 | |
| Kardella 395194% of this postcode is in the LGA | 7 | |
| Koonwarra 3954 | 8 | |
| Fish Creek 3959 | 9 | |
| Loch 394560% of this postcode is in the LGA | 10 | |
| Venus Bay 3956 | 11 | |
| Foster 3960 | 12 | |
| Toora 396296% of this postcode is in the LGA | 13 | |
| Welshpool 396680% of this postcode is in the LGA | 14 |
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 |
|---|---|---|
| Glen Waverley 3150 | 403 | $50,524 |
| Wendouree 3355 | 404 | $50,505 |
| Heyfield 3858 | 405 | $50,467 |
| Numurkah 3636 | 406 | $50,454 |
| Nicholson 3882 | 407 | $50,434 |
| Red Cliffs 3496 | 409 | $50,317 |
| Tallygaroopna 3634 | 410 | $50,287 |
| Seymour 3660 | 411 | $50,268 |
| Parkville 3052 | 412 | $50,212 |
| Port Fairy 3284 | 413 | $50,160 |
ATO Table 8