3960, VIC · Postcode

Economy & Advantage in 3960, VIC

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

Lower than average levels of wealth shape daily life in postcode 3960, where the overall advantage score is 958. While residents generally have decent job skills, the area's overall standing is smaller than about 61% of similar places.

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📍 3960, VIC, Postcode

Where 3960, VIC sits — Socio-economic advantage (IRSAD decile)

4
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All postcode areas, 2021. The marker is 3960, VIC — lower than 64% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3960, VIC4
South Gippsland 7

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The typical resident has a moderate level of education and job skills, which is larger than about 60% of similar areas. However, access to money and resources is lower, with a score of 4 that is smaller than about 60% of similar places.

4

Lower 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.

5

Lower than 57% 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.

4

Lower than 64% 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.

6

Higher 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.

958

Lower than 61% 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 3960, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3960, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3960/3960-vic/topic/economy-advantage