Every Queensland suburb ranked by average taxable income

The Queensland postcodes where the average wage tops $120,000, as well as the suburbs where locals pull in just $11,000 a year have been revealed.

Queensland’s richest and poorest suburbs have been revealed with inner city Brisbane suburbs and rural mining towns topping the list, according to data from the Australian Taxation Office.

Figures compiled from the 2019-20 tax returns of Queenslanders found the state’s wealthiest people are found mostly in inner-city Brisbane, with Eagle Farm residents (postcode 4009) earning $120,485 in average taxable income.

There were only 73 individuals however who lodged a tax return within the 4009 postcode during the 2019-20 tax year, according to the data.

Eagle Farm has Queensland’s highest average income. Picture: David Sproule

The 4171 postcode including Bulimba, Hawthorne and Balmoral came in a close second with an average $108,115 of taxable income.

The rest of the most-wealthy postcodes were almost exclusively located in Brisbane including 4007 (Ascot and Hamilton), 4065 (Bardon), 4005 (New Farm and Teneriffe), 4069 (Brookfield, Chapel Hill, Fig Tree Pocket, Kenmore, Kenmore Hills, Pinjarra Hills, Pullenvale, Upper Brookfield), 4011 (Clayfield and Hendra), 4155 (Chandler) and 4064 (Milton and Paddington).

However, breaking the trend of inner-city suburbs was the state’s 10th-wealthiest postcode of 4744 in Moranbah, a rural mining town in North Queensland with an average taxable income of $95,134.

Other surrounding inland postcodes landed in the top 20 richest in the state, including May Downs, Middlemount, Tieri, Dysart and Blackwater all with average taxable incomes between $92,000 and $87,000.

Meanwhile, the state’s least wealthy postcodes were mostly located in southwest Queensland where population sizes are significantly smaller.

This includes 4498 (Kioma and Toobeah in the Goondiwindi region), which has a population of just 124 people and where the average wage is $11,807 and 4611 (Marshlands and Mondure in the South Burnett region) at $17,643 average taxable income, with a population of only 66 people.