Macedon Ranges · Council (LGA)

Economy & Advantage in Macedon Ranges

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

A huge advantage gap separates Macedon Ranges from most other areas, where the overall advantage score of 1,047 is higher than about 88% of the country. Residents here have an exceptionally high level of access to money and resources. This creates a wealthy profile that stands out across the state.

Open map →
📍 Macedon Ranges, Council (LGA)

Where Macedon Ranges 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 Macedon Ranges — higher than 86% of areas.

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area is among the most advantaged in the nation, scoring a 9 out of 10 for overall advantage. This is driven by high education and job skills, which are stronger than about 90% of other 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.

10

Higher than 99% 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.

1,047

Higher than 87% 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 5.6% since 2021, which is higher than most areas, though this is a little below the Victoria rate of 8.0%. There are now 54,464 people living in the region.

Business & building

Operating businesses and dwellings approved.

Economic activity is strong with 5,539 businesses, a figure larger than about 77% of similar areas. This growth is supported by 293 approved dwellings, which is also higher than about 76% of other areas.

5,539

Higher than 74% 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 Macedon Ranges

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Macedon Ranges [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/lga/LGA24130/macedon-ranges/topic/economy-advantage