3494, VIC · Postcode

Economy & Advantage in 3494, VIC

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

A score of 3 for overall advantage suggests a tough economic environment for many people in postcode 3494. Residents here generally have less access to the money and resources that help people get ahead in life.

Open map →
📍 3494, VIC, Postcode

Where 3494, VIC sits — Socio-economic advantage (IRSAD decile)

3
1 2 3 4 5 6 7 8 9 10

All postcode areas, 2021. The marker is 3494, VIC — lower than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3494, VIC3
Mildura 3

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

With a score of 2 for both education and money access, the area is smaller than about 80% of similar places in these categories. This low standing is reflected in an overall advantage score of 924, which is lower than the national average.

3

Lower than 71% 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.

3

Lower 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.

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.

2

Lower 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.

924

Lower than 78% 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 3494, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3494, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3494/3494-vic/topic/economy-advantage