Coolamon · Council (LGA)

Economy & Advantage in Coolamon

How well-off the area is, how fast its population is growing, and the businesses and new homes here.

A score of 8 for access to money and resources puts Coolamon in a strong position compared to 80% of similar areas. This financial advantage helps anchor the local economy, even as the population grows more quickly than the state average.

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📍 Coolamon, Council (LGA)

Where Coolamon sits — Socio-economic advantage (IRSAD decile)

5
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All council (lga) areas, 2021. The marker is Coolamon — lower than 57% of areas.

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area shows a moderate overall advantage score of 951, which is a little lower than the national average. While education and job skills are about the same as half of all areas, there is a higher level of financial resource here than in most similar places.

5

Lower than 57% of council (lga) areas.

ABS Index of Relative Socio-economic Advantage and Disadvantage, 2021, as a national decile: 1 = among the 10% most disadvantaged areas in Australia, 10 = among the 10% most advantaged. IRSAD summarises both advantage and disadvantage, so a high score reflects relatively many high-income, well-educated households and few low-income, low-skill ones.

6

Higher than 57% of council (lga) areas.

ABS Index of Relative Socio-economic Disadvantage, 2021, as a national decile: 1 = among the 10% most disadvantaged areas in Australia, 10 = among the least disadvantaged. IRSD focuses on disadvantage alone (low income, low education, unemployment, unskilled occupations), so a higher decile means relatively less disadvantage.

8

Higher than 71% of council (lga) areas.

ABS Index of Economic Resources, 2021, as a national decile: 1 = among the 10% lowest areas for economic resources in Australia, 10 = among the highest. IER reflects the income, housing costs, dwelling size and assets of households, so a higher decile means relatively greater economic resources.

5

Lower than 57% of council (lga) areas.

ABS Index of Education and Occupation, 2021, as a national decile: 1 = among the 10% lowest areas for education and occupation in Australia, 10 = among the highest. IEO reflects residents' qualifications and the skill level of their jobs, so a higher decile means a more highly educated and skilled workforce.

951

Lower than 52% of council (lga) areas.

ABS Index of Relative Socio-economic Advantage and Disadvantage, 2021, as a raw index score (standardised so the Australian average is about 1000). Higher scores indicate relatively greater advantage; lower scores greater disadvantage.

Population growth

Annual population estimates and change since the census.

Population growth has been rapid at 7.7% since 2021. This is much higher than most similar areas and a little above the New South Wales figure of 6.1%.

Business & building

Operating businesses and dwellings approved.

There are 482 businesses in the area, which is a smaller count than in about 69% of similar regions. This is consistent with a lower number of new dwelling approvals, with only 20 approved recently.

482

Lower than 69% of council (lga) areas.

Operating businesses (ABS Counts of Australian Businesses), June 2025.

Sources

  • Socio-Economic Indexes for Areas (SEIFA) — Australian Bureau of Statistics, 2021 (CC BY 4.0).
  • Regional Population (Estimated Resident Population) — Australian Bureau of Statistics, 2024 (CC BY 4.0).
  • Counts of Australian Businesses & Building Approvals — Australian Bureau of Statistics, 2025 (CC BY 4.0).

More for Coolamon

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Coolamon [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/lga/LGA12000/coolamon/topic/economy-advantage