3620, VIC · Postcode

Economy & Advantage in 3620, VIC

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

A score of 926 puts postcode 3620 below the national average for overall advantage. This area faces more challenges than most, as residents have less access to money, education, and job skills compared to the rest of the country.

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📍 3620, VIC, Postcode

Where 3620, VIC sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 3620, VIC — lower than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3620, VIC3
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Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Overall advantage is lower than about 78% of similar areas. This is consistent with a low score for education and job skills, as well as limited access to money and resources, both of which are smaller than about 70% of other areas.

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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.

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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.

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Lower 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.

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Lower than 71% 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.

926

Lower than 77% 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 3620, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3620, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3620/3620-vic/topic/economy-advantage