5006, SA · Postcode

Economy & Advantage in 5006, SA

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

A score of 9 out of 10 for overall advantage puts postcode 5006 among the most prosperous areas in the country. While the area ranks highly for general wealth, this is driven largely by a workforce with top-tier qualifications and skills.

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📍 5006, SA, Postcode

Where 5006, SA sits — Socio-economic advantage (IRSAD decile)

9
1 2 3 4 5 6 7 8 9 10

All postcode areas, 2021. The marker is 5006, SA — higher than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
5006, SA9
Adelaide 9

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have some of the highest levels of education and job skills in the nation, scoring a perfect 10. However, access to money and resources is lower, ranking below about 70% of similar areas.

9

Higher than 86% 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.

9

Higher than 86% 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.

3

Lower than 71% 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.

10

Higher 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.

1,088

Higher than 89% 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 5006, SA

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 5006, SA [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA5006/5006-sa/topic/economy-advantage