5607, SA · Postcode

Economy & Advantage in 5607, SA

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

A score of 8 for access to money and resources means residents in postcode 5607 generally have a more comfortable financial life than most. While education and job skills are about the same as half of all areas, the region is overall more advantaged than 60% of Australian locations.

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📍 5607, SA, Postcode

Where 5607, SA sits — Socio-economic advantage (IRSAD decile)

6
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All postcode areas, 2021. The marker is 5607, SA — higher than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
5607, SA6
Lower Eyre Peninsula 8

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The typical advantage score here is 982, which is higher than about 53% of similar areas. This relative wealth is reflected in the area's standing against disadvantage, where it ranks better than 70% of all regions.

6

Higher than 57% 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.

7

Higher 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.

8

Higher 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.

5

Lower 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.

982

Higher than 52% 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 5607, SA

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 5607, SA [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA5607/5607-sa/topic/economy-advantage