7320, TAS · Postcode

Economy & Advantage in 7320, TAS

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

A score of 1 out of 10 for overall advantage means people in postcode 7320 face significant daily challenges with money and resources. This area is among the most disadvantaged in the country, with a typical advantage score of 887 which is lower than the national average.

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📍 7320, TAS, Postcode

Where 7320, TAS sits — Socio-economic advantage (IRSAD decile)

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All postcode areas, 2021. The marker is 7320, TAS — lower than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
7320, TAS1
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Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have very limited access to money and job skills, both scoring near the bottom of the scale. This puts the area in a position of disadvantage compared to about 90% of other similar regions.

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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 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.

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Lower 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.

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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.

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Lower than 89% 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 7320, TAS

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in 7320, TAS [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/poa/POA7320/7320-tas/topic/economy-advantage