# Economy & Advantage — 5063, SA

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

Area: 5063, SA (Postcode)

A high level of overall advantage defines life in postcode 5063, where the typical resident is more advantaged than about 90% of people across Australia. This standing is driven largely by a workforce with exceptional skills and education.

The area ranks among the highest for education and job skills. This contributes to a high overall advantage score of 1,078, which is larger than about 87% of other areas.

## Statistics

| Statistic | Value | Change since |
| --- | --- | --- |
| Socio-economic advantage (IRSAD decile) | 9 | — |
| Socio-economic disadvantage (IRSD decile) | 9 | — |
| Economic resources (IER decile) | 5 | — |
| Education & occupation (IEO decile) | 10 | — |
| Socio-economic advantage (IRSAD score) | 1,078 | — |

Interactive: https://censusatlas.au/region/poa/POA5063/5063-sa/topic/economy-advantage