7027, TAS · Postcode

Economy & Advantage in 7027, TAS

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

A score of 877 for overall advantage puts postcode 7027 among the smallest in the country. This area faces significant challenges, with very low levels of education and job skills compared to most other regions.

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📍 7027, TAS, Postcode

Where 7027, TAS sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 7027, TAS — lower than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
7027, TAS1
Southern Midlands 3

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The overall advantage score is much lower than the national figure of 1000. This is reflected in a low score of 1 for education and job skills, which is smaller than about 90% of similar areas.

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Lower than 99% 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.

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Lower 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.

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Lower 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.

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Lower 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.

877

Lower than 91% 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 7027, TAS

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 7027, TAS [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA7027/7027-tas/topic/economy-advantage