4418, QLD · Postcode

Economy & Advantage in 4418, QLD

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

Seven out of ten similar areas have lower levels of access to money and resources than people in postcode 4418. This gives the region a fair bit of financial strength, even though overall advantage sits right in the middle compared to the rest of the country.

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📍 4418, QLD, Postcode

Where 4418, QLD sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 4418, QLD — lower than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
4418, QLD5
Western Downs 3

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

While the area is more financially resourceful than 70% of similar places, its overall advantage score of 968 is slightly lower than the national average.

5

Lower than 57% 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.

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Higher 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.

5

Lower 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.

968

Lower than 56% 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 4418, QLD

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 4418, QLD [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA4418/4418-qld/topic/economy-advantage