King Island · Council (LGA)
How well-off the area is, how fast its population is growing, and the businesses and new homes here.
A shrinking population of 1,647 people defines the current economic landscape of King Island. While the community is better off than about 60% of similar areas, growth has stalled and new building is rare.
All council (lga) areas, 2021. The marker is King Island — higher than 57% of areas.
SEIFA indexes ranking relative advantage and disadvantage.
The area's overall advantage score is 955, which is larger than about 53% of similar areas. Residents generally have better access to money and resources than 60% of other areas at this level.
6
Higher 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.
7
Higher than 64% 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.
6
Higher than 57% 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.
5
Lower than 57% 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.
955
Higher than 52% 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.
Annual population estimates and change since the census.
Population growth has been much lower than most areas, falling by 0.3% since 2021. This is a little below the Tasmanian increase of 1.6%.
1,647
Lower than 83% of council (lga) areas.
Estimated resident population (ABS), 2025.
-0.3%
Lower than 88% of council (lga) areas.
Population growth since the 2021 Census, from ABS annual estimates.
Operating businesses and dwellings approved.
There are 320 businesses in the area, which is smaller than about 76% of similar places. Only 3 new dwellings were approved, a figure smaller than about 81% of other areas.
320
Lower than 76% of council (lga) areas.
Operating businesses (ABS Counts of Australian Businesses), June 2025.
3
Lower than 84% of council (lga) areas.
Dwelling units approved in 2024-25 (ABS Building Approvals).
Australian Bureau of Statistics. (2021). Economy & Advantage in King Island [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/lga/LGA63410/king-island/topic/economy-advantage
