2903, ACT · Postcode

Economy & Advantage in 2903, ACT

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

A score of 9 for overall advantage places postcode 2903 among the most prosperous areas in the country. Residents here enjoy a high level of financial security and professional success. This combination of wealth and skill makes the area significantly more advantaged than most other Australian regions.

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📍 2903, ACT, Postcode

Where 2903, ACT sits — Socio-economic advantage (IRSAD decile)

9
1 2 3 4 5 6 7 8 9 10

All postcode areas, 2021. The marker is 2903, ACT — higher than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
2903, ACT9
Unincorporated ACT 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks exceptionally high for education and job skills, scoring 9 out of 10. This strong professional profile is reflected in an overall advantage score of 1,057, which is higher than about 82% of similar areas.

9

Higher 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.

8

Higher than 71% 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.

8

Higher than 71% 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.

9

Higher than 86% 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.

1,057

Higher than 81% 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 2903, ACT

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 2903, ACT [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA2903/2903-act/topic/economy-advantage