7174, TAS · Postcode

Economy & Advantage in 7174, TAS

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

Life in postcode 7174 has remained steady over the last decade, with an overall advantage score of 971. This puts the area right in the middle of the pack compared to similar places across the country. Most residents enjoy a moderate level of financial security and a fair amount of professional skill.

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📍 7174, TAS, Postcode

Where 7174, TAS sits — Socio-economic advantage (IRSAD decile)

5
1 2 3 4 5 6 7 8 9 10

All postcode areas, 2021. The marker is 7174, TAS — lower than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
7174, TAS5
Sorell 5

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area scores a 6 for both job skills and access to money, which is higher than about 60% of similar areas. This is reflected in an overall advantage rating of 5, placing it just above the halfway mark for all areas nationwide.

5

Lower 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.

6

Higher than 57% 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.

6

Higher than 57% 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.

6

Higher 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.

971

Lower than 54% 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 7174, TAS

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 7174, TAS [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA7174/7174-tas/topic/economy-advantage