7024, TAS · Postcode

Economy & Advantage in 7024, TAS

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

Among the most advantaged areas in the country, postcode 7024 scores a 9 out of 10 for overall advantage. This high standing is driven by a very strong combination of wealth and high levels of education and job skills.

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📍 7024, TAS, Postcode

Where 7024, TAS sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 7024, TAS — higher than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
7024, TAS9
Clarence 8

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have the highest possible score of 10 for access to money and resources. This helps explain why the area is among the least disadvantaged in Australia, with a typical advantage score of 1,065, which is larger than about 84% of similar areas.

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.

10

Higher than 99% 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.

9

Higher than 86% 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.

1,065

Higher than 84% 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 7024, TAS

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 7024, TAS [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA7024/7024-tas/topic/economy-advantage