2203, NSW · Postcode

Economy & Advantage in 2203, 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 education and job skills marks postcode 2203 as a highly advantaged area. While some residents have limited access to money and resources, the overall advantage score of 1,095 is higher than about 91% of similar areas.

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📍 2203, NSW, Postcode

Where 2203, 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 2203, NSW — higher than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
2203, NSW10
Inner West 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Education and job skills are among the highest in the country, helping the area achieve an overall advantage rank of 10. However, access to money and resources is lower for this postcode than in about 70% 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.

8

Higher than 71% 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.

3

Lower than 71% 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.

1,095

Higher than 90% 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 2203, NSW

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 2203, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2203/2203-nsw/topic/economy-advantage