3341, VIC · Postcode

Economy & Advantage in 3341, VIC

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

A score of 9 for access to money and resources puts postcode 3341 well ahead of most similar areas. This reflects a generally prosperous region where the overall advantage score of 1,013 is higher than the national average. Most residents here enjoy a level of financial security and resource access that is uncommon across Australia.

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📍 3341, VIC, Postcode

Where 3341, VIC sits — Socio-economic advantage (IRSAD decile)

7
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All postcode areas, 2021. The marker is 3341, VIC — higher than 64% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3341, VIC7
Moorabool 8

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area's overall advantage is higher than about 70% of all areas, which is consistent with a very high ranking for financial resources. While education and job skills are about average compared to other areas, the region still ranks as having much less disadvantage than about 80% of the country.

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.

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.

9

Higher 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.

5

Lower 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.

1,013

Higher than 66% 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 3341, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3341, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3341/3341-vic/topic/economy-advantage