2042, NSW · Postcode

Economy & Advantage in 2042, NSW

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

A top score of 10 for overall advantage makes postcode 2042 one of the most advantaged areas in the country. While typical residents have an advantage score of 1,142, which is among the largest at this level, there is a notable gap in access to money and resources.

Open map →
📍 2042, NSW, Postcode

Where 2042, NSW sits — Socio-economic advantage (IRSAD decile)

10
1 2 3 4 5 6 7 8 9 10

All postcode areas, 2021. The marker is 2042, NSW — higher than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
2042, NSW10
Inner West 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area is among the most highly skilled, ranking 10 for education and job skills. Despite this, the score for access to money and resources is only 2, which is smaller than about 80% of similar areas.

10

Higher than 99% of postcode 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 postcode 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.

2

Lower than 86% of postcode 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.

10

Higher than 99% of postcode 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.

1,142

Higher than 99% of postcode 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.

Sources

  • Socio-Economic Indexes for Areas (SEIFA) — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for 2042, NSW

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 2042, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2042/2042-nsw/topic/economy-advantage