# Economy & Advantage — 3950, VIC

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

Area: 3950, VIC (Postcode)

An overall advantage score of 933 marks postcode 3950 as having lower socio-economic levels than about 74% of similar areas. This region faces more challenges than the national average, particularly regarding access to resources and formal qualifications.

Overall advantage is low, scoring 3 out of 10. This is consistent with a score of 3 for education and job skills, which is smaller than about 70% of similar areas, and a score of 4 for access to money and resources.

## Statistics

| Statistic | Value | Change since |
| --- | --- | --- |
| Socio-economic advantage (IRSAD decile) | 3 | — |
| Socio-economic disadvantage (IRSD decile) | 4 | — |
| Economic resources (IER decile) | 4 | — |
| Education & occupation (IEO decile) | 3 | — |
| Socio-economic advantage (IRSAD score) | 933 | — |

Interactive: https://censusatlas.au/region/poa/POA3950/3950-vic/topic/economy-advantage