Mount Alexander · Council (LGA)

Economy & Advantage in Mount Alexander

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

A typical overall advantage score of 987 means Mount Alexander is more prosperous than about 73% of similar areas. This region stands out for its high levels of education and job skills, which place it above 90% of comparable locations. It is generally a well-off area with strong access to resources.

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📍 Mount Alexander, Council (LGA)

Where Mount Alexander sits — Socio-economic advantage (IRSAD decile)

8
1 2 3 4 5 6 7 8 9 10

All council (lga) areas, 2021. The marker is Mount Alexander — higher than 71% of areas.

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area scores an 8 for overall advantage and a 9 for education and skills, meaning it is more advantaged than about 80% and 90% of similar regions respectively. This is reflected in a high score for access to money and resources.

8

Higher than 71% 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.

8

Higher 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.

7

Higher than 64% 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.

987

Higher than 73% 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.

Mount Alexander grew by 4.1% since 2021, a rate that sits around the middle for its level. However, this is well below the 8.0% growth seen across Victoria.

Business & building

Operating businesses and dwellings approved.

The region has 1,762 businesses and 122 approved dwellings, both of which are figures larger than about half of similar areas.

1,762

Higher than 56% 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 Mount Alexander

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Mount Alexander [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/lga/LGA25430/mount-alexander/topic/economy-advantage