5350, SA · Postcode

Economy & Advantage in 5350, SA

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

A top score of 10 for access to money and resources puts postcode 5350 among the most advantaged areas of its kind. This high level of wealth helps push the overall advantage score to 1,020, which is higher than about 70% of similar areas across the country.

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📍 5350, SA, Postcode

Where 5350, SA sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 5350, SA — higher than 64% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
5350, SA7
Barossa 7

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Very few areas are less disadvantaged than this one, with a score that is larger than about 90% of other areas. While access to money is exceptionally high, education and job skills are more moderate, ranking higher than about 60% 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.

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.

10

Higher than 99% 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.

6

Higher 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.

1,020

Higher than 69% 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 5350, SA

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 5350, SA [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA5350/5350-sa/topic/economy-advantage