Have you ever wondered how your postcode's average yearly income compared?
New data from the Australian Taxation Office has revealed the areas that received the highest yearly average income increase between 2003-04 and 2017-18
Highest increase in yearly income
Residents in Canberra's inner south have had the highest increase in their average yearly income compared with any other area of the nation's capital, new figures have shown.
Data from the Australian Taxation Office has revealed of the top five postcodes to have the largest average income increase between 2003-04 and 2017-18, four were from areas just south of Lake Burley Griffin.
Those living in the 2600 postcode, which includes Deakin, Yarralumla, Barton and Parkes, had their average income almost double in the 15-year period, rising more than 92 per cent to $107,634.
Residents in Curtin, Hughes and Garran - the 2605 postcode - had the second-highest increase, going up by 84.6 per cent from $48,350 to almost $90,000.
The top five was rounded out by the 2603 postcode - Griffith, Forrest and Red Hill - then those in 2604 - Kingston and Narrabundah - and then residents in 2612, the first area in the inner north on the list, which takes in Turner, Braddon, Reid and Campbell.
Where did the data come from?
The data was based on figures compiled in tax returns by the tax office during the 15-year period.
Every postcode in the ACT, with the exception of two, had the average yearly income increase by more than 60 per cent during the time.
Did some postcodes stay the same?
The only postcodes that didn't increase by that amount was 2912, which takes in Gungahlin, and 2601, which includes residents in Acton and Civic.
Both of those suburbs had their average income rise by 39 and 37 per cent respectively.
Where do the richest Canberrans live?
Those living in the 2603 postcode have the highest average income in the ACT, earning more than $115,000 in the 2017-18 financial year.
The next highest-earning postcode was 2600 with $107,000, followed by 2604 with $90,000, 2605 on $89,000, 2612 with $78,000 and 2607 on $75,000.
What about the postcodes with the lowest average?
The 2912 postcode had the lowest average income in the ACT of almost $59,000.
The next lowest were residents living in 2615, which takes in Spence, Melba and Charnwood, and 2617, which includes Evatt, McKellar, Bruce and Belconnen, with each area having an average of $62,000.
How does Canberra compare with the rest of Australia?
The figures also revealed the 2603 postcode had the 36th highest average income out of all Australian postcodes.
The highest earning postcode nationwide is 2028, which covers the area of Double Bay in Sydney's eastern suburbs, with residents there on average earning $242,428 a year.