Latrobe · Council (LGA)

Economy & Advantage in Latrobe

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

A population growth rate of 4.5% shows Latrobe is expanding a little faster than the Tasmanian average. While the area is growing, its overall advantage score of 928 is lower than the national figure. This reflects a community with moderate access to resources but limited professional qualifications.

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📍 Latrobe, Council (LGA)

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

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All council (lga) areas, 2021. The marker is Latrobe — lower than 64% of areas.

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Education and job skills are a weak point for the area, scoring a 3 out of 10, which is lower than about 70% of similar places. This contributes to an overall advantage score that is smaller than about 60% of all areas.

4

Lower than 64% 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.

5

Lower than 57% 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.

5

Lower 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.

3

Lower than 71% 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.

928

Lower than 69% 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 4.5% since 2021, which is around the middle for its level. This is a little above the Tasmania growth rate of 1.6%.

Business & building

Operating businesses and dwellings approved.

There are 879 businesses here, a number smaller than about 60% of similar areas. However, building activity is strong, with 135 approved dwellings, which is larger than about 65% of similar places.

879

Lower than 60% 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 Latrobe

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Latrobe [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/lga/LGA63810/latrobe/topic/economy-advantage