Hume · Council (LGA)

Economy & Advantage in Hume

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

A rapidly expanding population and a large business sector define daily life in Hume. The area is growing much faster than the rest of Victoria, with 278,885 residents and over 28,000 businesses supporting the local economy.

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📍 Hume, Council (LGA)

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

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

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Hume has a middle-of-the-road overall advantage score of 949, which is slightly lower than about half of similar areas. While its overall standing is typical, it performs better in education and job skills, scoring higher than about 70% of comparable areas.

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.

3

Lower than 71% 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.

7

Higher than 64% 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.

949

Lower than 54% 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 very strong here, rising by 12.9% since 2021. This increase is well above the Victorian figure of 8.0%.

Business & building

Operating businesses and dwellings approved.

The area is a major hub for activity, with 28,471 businesses. This scale of commerce is matched by a high volume of new housing, with 3,780 dwellings approved, among the largest numbers at this level.

28,471

Higher than 88% 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 Hume

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Hume [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/lga/LGA23270/hume/topic/economy-advantage