5040, SA · Postcode
How well-off the area is, how fast its population is growing, and the businesses and new homes here.
A steady rise in overall advantage has seen postcode 5040 reach a score of 1,015. This puts the area ahead of about 68% of similar places across the country. It is a well-off community where high levels of education and job skills are the most striking features.
All postcode areas, 2021. The marker is 5040, SA — higher than 64% of areas.
| 5040, SA | 7 |
|---|---|
| West Torrens | 9 |
SEIFA indexes ranking relative advantage and disadvantage.
Residents here have a high level of education and job skills, scoring an 8 out of 10, which is better than about 80% of other areas. This helps drive an overall advantage score that is higher than around 70% of similar places.
7
Higher 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.
6
Higher 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.
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.
8
Higher than 71% 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.
1,015
Higher than 67% 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.
Australian Bureau of Statistics. (2021). Economy & Advantage in 5040, SA [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA5040/5040-sa/topic/economy-advantage
