7005, TAS · Postcode

Economy & Advantage in 7005, TAS

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

A high advantage score of 1,080 makes postcode 7005 more prosperous than about 88% of similar areas. While residents here have some of the best education and job skills in the country, their actual access to money and resources is more modest.

Open map →
📍 7005, TAS, Postcode

Where 7005, TAS sits — Socio-economic advantage (IRSAD decile)

9
1 2 3 4 5 6 7 8 9 10

All postcode areas, 2021. The marker is 7005, TAS — higher than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
7005, TAS9
Hobart 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Education and job skills are among the highest across the nation, which helps drive an overall advantage score that is larger than about 90% of other areas. However, access to money and resources is lower, ranking below about 60% of similar places.

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.

8

Higher than 71% 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.

4

Lower than 64% 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.

1,080

Higher than 87% 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 7005, TAS

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 7005, TAS [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA7005/7005-tas/topic/economy-advantage