2292, NSW · Postcode

Economy & Advantage in 2292, NSW

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

A shift in local wealth is evident in postcode 2292, where the overall advantage score has risen to 1,006. This puts the area's general standing above the national average. While some residents struggle with a lack of resources, the area as a whole is more advantaged than about 70% of other regions.

Open map →
📍 2292, NSW, Postcode

Where 2292, NSW sits — Socio-economic advantage (IRSAD decile)

7
1 2 3 4 5 6 7 8 9 10

All postcode areas, 2021. The marker is 2292, NSW — higher than 64% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
2292, NSW7
Newcastle 9

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

High levels of education and job skills, ranked 8 out of 10, help drive the area's overall advantage. However, there is a stark gap in wealth, as access to money and resources is much lower than in most other areas, scoring only 2 out of 10.

7

Higher than 64% 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.

6

Higher than 57% 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.

8

Higher than 71% 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.

1,006

Higher than 63% 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 2292, NSW

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 2292, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2292/2292-nsw/topic/economy-advantage