Postcode ATO 2023–24

Paddington 2021 income

The median taxable income for Paddington postcode 2021 was $86,584 in 2023–24, and the average taxable income was $166,726 (ATO Table 8).

11,064 individuals; ranked 14 of 589 in NSW; ranked 38 of 2,283 nationally by median taxable income.

11,064

individuals, ATO 2023–24

ATO Table 8

$86,584

median taxable income, ATO 2023–24

ATO Table 8

$166,726

average taxable income, ATO 2023–24

ATO Table 8

state rank by median taxable income, ATO 2023–24

of 589

ATO Table 8

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in NSW

Where Paddington 2021 sits among 589 NSW postcodes by median taxable income, ATO 2023–24

Vertical axis: Number of NSW postcodes. Horizontal axis: Median taxable income ($), ATO 2023–24, in bands of $5,000. The highlighted band holds this one.

Show data

Where Paddington 2021 sits among 589 NSW postcodes by median taxable income, ATO 2023–24
Band	Number of NSW postcodes
$15,000 to $19,999	1
$20,000 to $24,999	0
$25,000 to $29,999	0
$30,000 to $34,999	4
$35,000 to $39,999	16
$40,000 to $44,999	42
$45,000 to $49,999	95
$50,000 to $54,999	102
$55,000 to $59,999	104
$60,000 to $64,999	83
$65,000 to $69,999	64
$70,000 to $74,999	29
$75,000 to $79,999	17
$80,000 to $84,999	14
$85,000 to $89,999 (includes this one)	12
$90,000 to $94,999	5
$95,000 to $99,999	1

ATO Table 8

Average taxable income ($166,726) is more than 1.5 times median taxable income ($86,584) 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, Paddington 2021, ATO 2023–24

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, Paddington 2021, ATO 2023–24
Year	median taxable income	average taxable income
2003–04	$41,314	$67,721
2013–14	$61,349	$111,537
2014–15	$64,510	$118,200
2015–16	$66,535	$123,446
2016–17	$68,206	$125,651
2017–18	$72,186	$134,514
2018–19	$74,221	$137,532
2019–20	$75,376	$142,569
2020–21	$80,001	$161,447
2021–22	$84,541	$176,804
2022–23	$85,176	$157,150
2023–24	$86,584	$166,726

ATO Table 8

Taxable income by year, postcode 2021, ATO 2023–24
Year	individuals	median taxable income	average taxable income
2003–04	10,760	$41,314	$67,721
2013–14	10,663	$61,349	$111,537
2014–15	10,689	$64,510	$118,200
2015–16	10,987	$66,535	$123,446
2016–17	11,079	$68,206	$125,651
2017–18	11,043	$72,186	$134,514
2018–19	10,967	$74,221	$137,532
2019–20	10,935	$75,376	$142,569
2020–21	10,335	$80,001	$161,447
2021–22	10,317	$84,541	$176,804
2022–23	10,808	$85,176	$157,150
2023–24	11,064	$86,584	$166,726

ATO Table 8

41.13%

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 2021, from ABS postal area boundaries (2021). The 8 with the longest shared boundary are listed.

Median taxable income in 2021 and neighbouring postcodes, ATO 2023–24
Postcode	median taxable income	state rank by median taxable income
Darling Point 2027	$92,351	4
Woollahra 2025	$89,732	7
Paddington 2021	$86,584	14
Randwick 2031	$76,469	44
Surry Hills 2010	$74,345	53
Redfern 2016	$71,245	71
Bondi Junction 2022	$71,243	72
Waterloo 2017	$68,753	98
Kensington 2033	$59,520	243

ATO Table 8; boundaries from the ABS

Where it sits in Woollahra

Paddington 2021 ranks 4 of 7 postcodes in the Woollahra local government area by median taxable income (ATO 2023–24, Table 8). About 66% of postcode 2021 is inside this LGA.

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 Woollahra local government area by median taxable income, ATO 2023–24
Postcode	rank in the LGA by median taxable income	median taxable income
Double Bay 2028	1	$93,843
Darling Point 2027	2	$92,351
Woollahra 2025	3	$89,732
Paddington 202166% of this postcode is in the LGA	4	$86,584
Vaucluse 203051% of this postcode is in the LGA	5	$85,535
Bellevue Hill 2023	6	$85,132
Rose Bay 202959% of this postcode is in the LGA	7	$80,277

ATO Table 8; LGA from the ABS postcode to LGA correspondence (2025)

Where it sits in Sydney

Paddington 2021 ranks 3 of 15 postcodes in the Sydney local government area by median taxable income (ATO 2023–24, Table 8). About 34% of postcode 2021 is inside this LGA.

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 Sydney local government area by median taxable income, ATO 2023–24
Postcode	rank in the LGA by median taxable income	median taxable income
Erskineville 2043	1	$95,164
Alexandria 2015	2	$88,973
Paddington 202134% of this postcode is in the LGA	3	$86,584
Camperdown 205064% of this postcode is in the LGA	4	$77,327
Potts Point 2011	5	$75,475
Surry Hills 2010	6	$74,345
Newtown 204236% of this postcode is in the LGA	7	$73,164
Redfern 2016	8	$71,245
Waterloo 2017	9	$68,753
Glebe 2037	10	$68,574
Rosebery 201855% of this postcode is in the LGA	11	$63,251
Pyrmont 2009	12	$61,092
Chippendale 2008	13	$48,919
Sydney 2000	14	$40,697
Ultimo 2007	15	$39,114

ATO Table 8; LGA from the ABS postcode to LGA correspondence (2025)

Ranked next to it in NSW

Five postcodes above and five below in the same state, or fewer at either end of the ranking.

Postcodes ranked immediately above and below 2021 in NSW by median taxable income, ATO 2023–24
Postcode	state rank by median taxable income	median taxable income
Alexandria 2015	9	$88,973
Kirribilli 2061	10	$87,713
Cremorne 2090	11	$87,389
Mosman 2088	12	$87,362
Wollstonecraft 2065	13	$87,003
Bronte 2024	15	$85,598
Vaucluse 2030	16	$85,535
Leichhardt 2040	17	$85,182
Bellevue Hill 2023	18	$85,132
Northbridge 2063	19	$84,976

ATO Table 8