7303, TAS · Postcode

Economy & Advantage in 7303, TAS

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

A typical score of 925 for overall advantage shows that postcode 7303 has seen little change in its standing over the last decade. Most residents here have fewer financial resources and lower education levels than people in other parts of the country.

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📍 7303, TAS, Postcode

Where 7303, TAS sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 7303, TAS — lower than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
7303, TAS3
Meander Valley 4

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Overall advantage is lower than in about 70% of areas, with a score of 3 out of 10. This is consistent with lower levels of education and job skills, which are also smaller than in about 70% of similar areas.

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Lower than 71% 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 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.

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Lower than 71% 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.

925

Lower than 77% 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 7303, TAS

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 7303, TAS [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA7303/7303-tas/topic/economy-advantage