3966, VIC · Postcode

Economy & Advantage in 3966, VIC

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

A typical score of 935 for overall advantage shows that postcode 3966 faces more daily financial and social challenges than most of Australia. This is an area where residents generally have fewer resources and lower job skills compared to other regions.

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📍 3966, VIC, Postcode

Where 3966, VIC sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 3966, VIC — lower than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
3966, VIC3
South Gippsland 7

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks lower than about 70% of all regions for overall advantage. This is reflected in education and job skills, which are lower than about 60% of similar 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.

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.

5

Lower 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.

4

Lower than 64% 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.

935

Lower than 73% 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 3966, VIC

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 3966, VIC [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA3966/3966-vic/topic/economy-advantage