2474, NSW · Postcode

Economy & Advantage in 2474, NSW

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

Low levels of financial and educational resources have persisted since 2011 in postcode 2474. With an overall advantage score of 908, the area sits below the national average and struggles more than most parts of the country.

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📍 2474, NSW, Postcode

Where 2474, NSW sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 2474, NSW — lower than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
2474, NSW2
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Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Most people here face significant challenges, as the area ranks lower than about 80% of other regions for overall advantage. This is driven by a lack of money and resources, which is smaller than about 80% of similar areas.

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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.

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Lower 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.

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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.

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Lower than 64% 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.

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Lower than 85% 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 2474, NSW

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 2474, NSW [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2474/2474-nsw/topic/economy-advantage