3920, VIC · Postcode
How well-off the area is, how fast its population is growing, and the businesses and new homes here.
A high level of wealth and education defines daily life for most people in postcode 3920. It is one of the most advantaged areas in the country, with an overall advantage score of 1,090 that is larger than about 90% of other areas.
All postcode areas, 2021. The marker is 3920, VIC — higher than 86% of areas.
| 3920, VIC | 9 |
|---|---|
| Mornington Peninsula | 9 |
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 least disadvantaged across all regions, with an overall advantage ranking of 9 out of 10.
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.
10
Higher than 99% 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.
6
Higher 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.
1,090
Higher than 89% 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.
Australian Bureau of Statistics. (2021). Economy & Advantage in 3920, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3920/3920-vic/topic/economy-advantage
