2344, NSW · Postcode

Economy & Advantage in 2344, 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 access to money and resources marks postcode 2344 as an area of significant wealth. This advantage is reflected in an overall score of 1,015, which is higher than the national average and places the area among the more affluent parts of the country.

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📍 2344, NSW, Postcode

Where 2344, NSW sits — Socio-economic advantage (IRSAD decile)

7
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All postcode areas, 2021. The marker is 2344, NSW — higher than 64% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
2344, NSW7
Tamworth Regional 4

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here experience very low levels of disadvantage compared to 90% of other areas. While education and job skills are higher than 60% of similar places, the area's overall advantage is notably strong, ranking above about 70% of all regions.

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.

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.

10

Higher than 99% 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.

6

Higher than 57% 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.

1,015

Higher than 67% 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 2344, NSW

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 2344, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2344/2344-nsw/topic/economy-advantage