Postcode ATO 2023–24
Sandy Bay 7005 income
The median taxable income for Sandy Bay postcode 7005 was $55,656 in 2023–24, and the average taxable income was $90,154 (ATO Table 8).
9,578 individuals; ranked 35 of 97 in TAS; ranked 1,186 of 2,283 nationally by median taxable income.
9,578
individuals, ATO 2023–24
ATO Table 8
$55,656
median taxable income, ATO 2023–24
ATO Table 8
$90,154
average taxable income, ATO 2023–24
ATO Table 8
35
state rank by median taxable income, ATO 2023–24
of 97
ATO Table 8
1,186
national rank by median taxable income, ATO 2023–24
of 2,283
ATO Table 8
Where it sits in TAS
Vertical axis: Number of TAS postcodes. Horizontal axis: Median taxable income ($), ATO 2023–24, in bands of $5,000. The highlighted band holds this one.
Show data
| Band | Number of TAS postcodes |
|---|---|
| $0 to $4,999 | 1 |
| $5,000 to $9,999 | 0 |
| $10,000 to $14,999 | 0 |
| $15,000 to $19,999 | 0 |
| $20,000 to $24,999 | 0 |
| $25,000 to $29,999 | 0 |
| $30,000 to $34,999 | 0 |
| $35,000 to $39,999 | 2 |
| $40,000 to $44,999 | 8 |
| $45,000 to $49,999 | 20 |
| $50,000 to $54,999 | 27 |
| $55,000 to $59,999 (includes this one) | 30 |
| $60,000 to $64,999 | 8 |
| $65,000 to $69,999 | 1 |
ATO Table 8
Average taxable income ($90,154) is more than 1.5 times median taxable income ($55,656) in this postcode (ATO 2023–24, Table 8). A few very high incomes sit well above the middle of the distribution and pull the average up.
Taxable income by year
Vertical axis: Taxable income ($), 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 | $30,749 | $44,285 |
| 2013–14 | $41,407 | $67,153 |
| 2014–15 | $42,068 | $67,715 |
| 2015–16 | $41,242 | $67,681 |
| 2016–17 | $41,044 | $67,308 |
| 2017–18 | $40,281 | $70,678 |
| 2018–19 | $40,738 | $70,308 |
| 2019–20 | $40,886 | $70,096 |
| 2020–21 | $43,441 | $75,313 |
| 2021–22 | $48,701 | $90,459 |
| 2022–23 | $53,357 | $86,944 |
| 2023–24 | $55,656 | $90,154 |
ATO Table 8
| Year | individuals | median taxable income | average taxable income |
|---|---|---|---|
| 2003–04 | 8,295 | $30,749 | $44,285 |
| 2013–14 | 8,129 | $41,407 | $67,153 |
| 2014–15 | 8,264 | $42,068 | $67,715 |
| 2015–16 | 8,396 | $41,242 | $67,681 |
| 2016–17 | 8,627 | $41,044 | $67,308 |
| 2017–18 | 8,905 | $40,281 | $70,678 |
| 2018–19 | 9,173 | $40,738 | $70,308 |
| 2019–20 | 9,321 | $40,886 | $70,096 |
| 2020–21 | 9,706 | $43,441 | $75,313 |
| 2021–22 | 9,634 | $48,701 | $90,459 |
| 2022–23 | 9,401 | $53,357 | $86,944 |
| 2023–24 | 9,578 | $55,656 | $90,154 |
ATO Table 8
34.41%
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 7005, from ABS postal area boundaries (2021).
| Postcode | median taxable income | state rank by median taxable income |
|---|---|---|
| Mount Nelson 7007 | 12 | |
| Margate 7054 | 14 | |
| South Hobart 7004 | 17 | |
| Taroona 7053 | 19 | |
| West Hobart 7000 | 20 | |
| Sandy Bay 7005 | 35 |
ATO Table 8; boundaries from the ABS
Where it sits in Hobart
Sandy Bay 7005 ranks 5 of 5 postcodes in the Hobart 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 |
|---|---|---|
| New Town 700899% of this postcode is in the LGA | 1 | |
| Mount Nelson 7007 | 2 | |
| South Hobart 7004 | 3 | |
| West Hobart 7000 | 4 | |
| Sandy Bay 7005 | 5 |
ATO Table 8; LGA from the ABS postcode to LGA correspondence (2025)
Ranked next to it in TAS
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 |
|---|---|---|
| Legana 7277 | 30 | $56,511 |
| South Arm 7022 | 31 | $56,389 |
| Hillwood 7252 | 32 | $56,153 |
| Strahan 7468 | 33 | $55,834 |
| Dodges Ferry 7173 | 34 | $55,668 |
| Sorell 7172 | 36 | $55,252 |
| Shorewell Park 7320 | 37 | $55,239 |
| Risdon Vale 7016 | 38 | $55,232 |
| Moonah 7009 | 39 | $55,182 |
| Bridgewater 7030 | 40 | $54,741 |
ATO Table 8