7120, TAS · Postcode

Economy & Advantage in 7120, TAS

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

A typical score of 894 puts postcode 7120 well below the national average for overall advantage. This region faces significant challenges with limited access to wealth and education compared to most other areas. It is a place where residents have far fewer resources and job skills than the average Australian.

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📍 7120, TAS, Postcode

Where 7120, TAS sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 7120, TAS — lower than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
7120, TAS2
Southern Midlands 3

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Overall advantage is low here, with a score of 2 out of 10, which is smaller than about 80% of similar areas. This reflects a broader struggle, as access to money and resources is low, and education and job skills are even lower.

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Lower 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.

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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 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.

894

Lower than 88% 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 7120, TAS

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 7120, TAS [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA7120/7120-tas/topic/economy-advantage