# Economy & Advantage — Warrumbungle Shire

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

Area: Warrumbungle Shire (Council (LGA))

Lower levels of wealth and opportunity define the economy of Warrumbungle Shire, where the overall advantage score of 914 is smaller than about 77% of similar areas. Residents face more challenges than most, with an overall advantage rank of 3 out of 10. This reflects a community with limited access to money and resources.

Access to money and resources is low, ranking 3 out of 10, which is smaller than about 70% of similar areas. However, education and job skills are slightly stronger, sitting at 5 out of 10 and performing better than half of comparable regions.

Population growth has essentially stalled since 2021, falling by 0.1%. This is much lower than most areas and sits well below the New South Wales growth rate of 6.1%.

There are 1,221 businesses operating in the shire. Building activity is very low, with only 6 new dwellings approved, a figure smaller than about 75% of similar areas.

## Statistics

| Statistic | Value | Change since |
| --- | --- | --- |
| Socio-economic advantage (IRSAD decile) | 3 | — |
| Socio-economic disadvantage (IRSD decile) | 2 | — |
| Economic resources (IER decile) | 3 | — |
| Education & occupation (IEO decile) | 5 | — |
| Socio-economic advantage (IRSAD score) | 914 | — |
| Population estimate | 9,246 | — |
| Population growth since 2021 | -0.1% | — |
| Businesses | 1,221 | — |
| Dwellings approved | 6 | — |

Interactive: https://censusatlas.au/region/lga/LGA18020/warrumbungle-shire/topic/economy-advantage
