ATO Taxation Statistics 2023–24 edition

How to read the figures

Postcode ATO 2023–24

Mount Magnet 6638 income

The median taxable income for Mount Magnet postcode 6638 was $55,546 in 2023–24, and the average taxable income was $67,083 (ATO Table 8).

232 individuals; ranked 195 of 278 in WA; ranked 1,194 of 2,283 nationally by median taxable income.

232

individuals, ATO 2023–24

ATO Table 8

$55,546

median taxable income, ATO 2023–24

ATO Table 8

$67,083

average taxable income, ATO 2023–24

ATO Table 8

195

state rank by median taxable income, ATO 2023–24

of 278

ATO Table 8

1,194

national rank by median taxable income, ATO 2023–24

of 2,283

ATO Table 8

Where it sits in WA

Where Mount Magnet 6638 sits among 278 WA postcodes by median taxable income, ATO 2023–24
Where Mount Magnet 6638 sits among 278 WA postcodes by median taxable income, ATO 2023–24 0 20 40 60 This postcode: $55,546 $50,000 $75,000 $100,000 $125,000 Median taxable income ($), ATO 2023–24

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

Show data
Where Mount Magnet 6638 sits among 278 WA postcodes by median taxable income, ATO 2023–24
Band Number of WA postcodes
$30,000 to $34,999 2
$35,000 to $39,999 1
$40,000 to $44,999 11
$45,000 to $49,999 18
$50,000 to $54,999 42
$55,000 to $59,999 (includes this one) 56
$60,000 to $64,999 54
$65,000 to $69,999 50
$70,000 to $74,999 21
$75,000 to $79,999 7
$80,000 to $84,999 2
$85,000 to $89,999 5
$90,000 to $94,999 1
$95,000 to $99,999 1
$100,000 to $104,999 0
$105,000 to $109,999 4
$110,000 to $114,999 1
$115,000 to $119,999 0
$120,000 to $124,999 0
$125,000 to $129,999 0
$130,000 to $134,999 1
$135,000 to $139,999 0
$140,000 to $144,999 1

ATO Table 8

Taxable income by year

Median and average taxable income by year, Mount Magnet 6638, ATO 2023–24
Median and average taxable income by year, Mount Magnet 6638, ATO 2023–24 $0 $20,000 $40,000 $60,000 $80,000 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, Mount Magnet 6638, ATO 2023–24
Year median taxable incomeaverage taxable income
2003–04 $25,905$31,175
2013–14 $44,601$53,580
2014–15 $38,837$49,975
2015–16 $42,544$51,994
2016–17 $46,154$55,310
2017–18 $44,261$55,930
2018–19 $47,646$55,310
2019–20 $44,012$51,613
2020–21 $47,637$60,995
2021–22 $50,992$65,076
2022–23 $57,776$68,792
2023–24 $55,546$67,083

ATO Table 8

Taxable income by year, postcode 6638, ATO 2023–24
Yearindividualsmedian taxable incomeaverage taxable income
2003–04370$25,905$31,175
2013–14232$44,601$53,580
2014–15237$38,837$49,975
2015–16227$42,544$51,994
2016–17216$46,154$55,310
2017–18228$44,261$55,930
2018–19212$47,646$55,310
2019–20236$44,012$51,613
2020–21238$47,637$60,995
2021–22245$50,992$65,076
2022–23233$57,776$68,792
2023–24232$55,546$67,083

ATO Table 8

24.54%

ten-year growth in median taxable income, ATO 2023–24

from 2013–14 to 2023–24

ATO Table 8

Where it sits in Mount Magnet

Mount Magnet 6638 is the only published postcode in the Mount Magnet local government area (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.

Postcodes in the Mount Magnet local government area by median taxable income, ATO 2023–24
Postcoderank in the LGA by median taxable incomemedian taxable income
Mount Magnet 66381$55,546

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

Ranked next to it in WA

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

Postcodes ranked immediately above and below 6638 in WA by median taxable income, ATO 2023–24
Postcodestate rank by median taxable incomemedian taxable income
Meekatharra 6642189$56,235
Darkan 6392191$56,204
Toodyay 6566192$55,921
Beechboro 6063193$55,915
Barragup 6209194$55,802
Gnangara 6077196$55,522
Mullewa 6630197$55,509
Cowaramup 6284198$55,491
Wagin 6315199$55,327
Yallingup 6282200$55,237

ATO Table 8