2048, NSW · Postcode

Economy & Advantage in 2048, NSW

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

A top-tier score of 10 for overall advantage makes postcode 2048 one of the most prosperous areas in the country. Residents here have exceptional access to resources, driven by a highly skilled and educated workforce.

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📍 2048, NSW, Postcode

Where 2048, 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 2048, NSW — higher than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
2048, NSW10
Inner West 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks among the most advantaged in Australia with an overall score of 1,140. This is underpinned by a top score of 10 for education and job skills, though access to money and resources is more typical, ranking higher than about half 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.

10

Higher than 99% 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.

5

Lower than 57% 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.

1,140

Higher than 98% 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 2048, NSW

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 2048, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2048/2048-nsw/topic/economy-advantage