Postcode ATO 2023–24

Newtown 2042 income

The median taxable income for Newtown postcode 2042 was $73,164 in 2023–24, and the average taxable income was $100,972 (ATO Table 8).

13,474 individuals; ranked 60 of 589 in NSW; ranked 160 of 2,283 nationally by median taxable income.

13,474

individuals, ATO 2023–24

ATO Table 8

$73,164

median taxable income, ATO 2023–24

ATO Table 8

$100,972

average taxable income, ATO 2023–24

ATO Table 8

state rank by median taxable income, ATO 2023–24

of 589

ATO Table 8

160

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in NSW

Where Newtown 2042 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 Newtown 2042 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 (includes this one)	29
$75,000 to $79,999	17
$80,000 to $84,999	14
$85,000 to $89,999	12
$90,000 to $94,999	5
$95,000 to $99,999	1

ATO Table 8

Taxable income by year

Median and average taxable income by year, Newtown 2042, 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, Newtown 2042, ATO 2023–24
Year	median taxable income	average taxable income
2003–04	$35,351	$42,362
2013–14	$51,936	$66,153
2014–15	$52,727	$66,983
2015–16	$54,045	$69,422
2016–17	$56,437	$71,213
2017–18	$59,023	$76,145
2018–19	$61,886	$79,147
2019–20	$63,373	$81,548
2020–21	$65,392	$88,199
2021–22	$68,874	$94,610
2022–23	$71,699	$95,521
2023–24	$73,164	$100,972

ATO Table 8

Taxable income by year, postcode 2042, ATO 2023–24
Year	individuals	median taxable income	average taxable income
2003–04	12,149	$35,351	$42,362
2013–14	12,430	$51,936	$66,153
2014–15	12,639	$52,727	$66,983
2015–16	13,060	$54,045	$69,422
2016–17	13,403	$56,437	$71,213
2017–18	13,578	$59,023	$76,145
2018–19	13,657	$61,886	$79,147
2019–20	13,335	$63,373	$81,548
2020–21	12,861	$65,392	$88,199
2021–22	12,923	$68,874	$94,610
2022–23	13,350	$71,699	$95,521
2023–24	13,474	$73,164	$100,972

ATO Table 8

40.87%

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 2042, from ABS postal area boundaries (2021).

Median taxable income in 2042 and neighbouring postcodes, ATO 2023–24
Postcode	median taxable income	state rank by median taxable income
Erskineville 2043	$95,164	1
Alexandria 2015	$88,973	9
Stanmore 2048	$77,874	36
Camperdown 2050	$77,327	38
St Peters 2044	$76,077	46
Newtown 2042	$73,164	60
Marrickville 2204	$71,241	73
Chippendale 2008	$48,919	450

ATO Table 8; boundaries from the ABS

Where it sits in Inner West

Newtown 2042 ranks 12 of 15 postcodes in the Inner West local government area by median taxable income (ATO 2023–24, Table 8). About 64% of postcode 2042 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 Inner West local government area by median taxable income, ATO 2023–24
Postcode	rank in the LGA by median taxable income	median taxable income
Rozelle 2039	1	$92,975
Balmain 2041	2	$91,200
Leichhardt 2040	3	$85,182
Annandale 2038	4	$83,832
Stanmore 2048	5	$77,874
Camperdown 205036% of this postcode is in the LGA	6	$77,327
Petersham 2049	7	$77,109
Summer Hill 2130	8	$76,254
St Peters 2044	9	$76,077
Dulwich Hill 2203	10	$75,203
Haberfield 2045	11	$73,658
Newtown 204264% of this postcode is in the LGA	12	$73,164
Marrickville 2204	13	$71,241
Croydon 213240% of this postcode is in the LGA	14	$62,737
Ashfield 2131	15	$59,621

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

Where it sits in Sydney

Newtown 2042 ranks 7 of 15 postcodes in the Sydney local government area by median taxable income (ATO 2023–24, Table 8). About 36% of postcode 2042 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 2042 in NSW by median taxable income, ATO 2023–24
Postcode	state rank by median taxable income	median taxable income
Botany 2019	55	$74,082
Haberfield 2045	56	$73,658
Roseville 2069	57	$73,642
Pymble 2073	58	$73,507
Cronulla 2230	59	$73,320
Postcode 2001	61	$73,161
Artarmon 2064	62	$72,631
Glenwood 2768	63	$71,901
Merewether 2291	64	$71,892
Turramurra 2074	65	$71,760

ATO Table 8