Knox · Council (LGA)

Economy & Advantage in Knox

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

High levels of financial security and skill define daily life for the 163,820 people living in Knox. This is an area of significant advantage, with the vast majority of residents enjoying a high quality of life and strong access to resources.

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📍 Knox, Council (LGA)

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

9
1 2 3 4 5 6 7 8 9 10

All council (lga) areas, 2021. The marker is Knox — higher than 86% of areas.

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Knox ranks among the most advantaged areas in the country, scoring a 9 out of 10 for overall advantage. This strength is backed by high levels of education and job skills, which are better than about 90% of similar areas.

9

Higher than 86% 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.

9

Higher than 86% 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.

10

Higher than 99% 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.

9

Higher than 86% 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.

1,029

Higher than 84% 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.

The population grew by 2.1% since 2021, which is lower than most areas and well below the Victorian figure of 8.0%.

Business & building

Operating businesses and dwellings approved.

Local commerce is strong with 15,129 businesses, a figure larger than about 91% of similar areas. There is also continued development, with 698 approved dwellings, which is more than about 86% of similar places.

15,129

Higher than 86% 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 Knox

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Knox [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/lga/LGA23670/knox/topic/economy-advantage