2347, NSW · Postcode

Economy & Advantage in 2347, NSW

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

Daily life in postcode 2347 is marked by significant financial and educational hurdles. Most residents face a struggle for resources, with an overall advantage score of 895 that is lower than about 89% of other areas.

Open map →
📍 2347, NSW, Postcode

Where 2347, NSW sits — Socio-economic advantage (IRSAD decile)

2
1 2 3 4 5 6 7 8 9 10

All postcode areas, 2021. The marker is 2347, NSW — lower than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
2347, NSW2
Tamworth Regional 4

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area is among the most disadvantaged in the country, ranking 1 out of 10 for overall disadvantage. This is reflected in low scores for both access to money and job skills, both of which are smaller than about 70% to 80% of similar areas.

2

Lower than 86% 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.

1

Lower 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.

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.

3

Lower 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.

895

Lower than 88% 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 2347, NSW

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 2347, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2347/2347-nsw/topic/economy-advantage