4742, QLD · Postcode

Economy & Advantage in 4742, QLD

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

A low score of 1 for education and job skills marks the economic profile of postcode 4742. While some residents have decent access to money and resources, the area generally faces more hardship than most of the country.

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📍 4742, QLD, Postcode

Where 4742, QLD sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 4742, QLD — lower than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
4742, QLD3
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Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The overall advantage score is 931, which is smaller than about 75% of similar areas. This reflects a significant gap in skills and education, where the area ranks lower than about 90% of other places.

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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.

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Lower than 64% 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 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.

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Lower 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.

931

Lower than 75% 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 4742, QLD

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 4742, QLD [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA4742/4742-qld/topic/economy-advantage