2602, ACT · Postcode

Economy & Advantage in 2602, ACT

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

A top ranking for overall advantage means life in postcode 2602 is generally much more comfortable than in most other parts of the country. This area is among the most advantaged in Australia, with an overall advantage score of 1,108.

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📍 2602, ACT, Postcode

Where 2602, ACT sits — Socio-economic advantage (IRSAD decile)

10
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All postcode areas, 2021. The marker is 2602, ACT — higher than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
2602, ACT10
Unincorporated ACT 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have some of the highest levels of education and job skills in the nation. This helps explain why the area is among the most advantaged across all regions, with very low levels of disadvantage.

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.

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.

5

Lower than 57% 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.

1,108

Higher than 92% 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 2602, ACT

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 2602, ACT [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2602/2602-act/topic/economy-advantage