Young · Statistical Area 2 (SA2)

Economy & Advantage in Young

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

More than 1,100 businesses operate in Young, making it a larger commercial hub than most similar areas. However, the town faces challenges with lower access to money and education compared to the rest of the state.

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📍 Young, Statistical Area 2 (SA2)

Where Young sits — Socio-economic advantage (IRSAD decile)

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All statistical area 2 (sa2) areas, 2021. The marker is Young — lower than 86% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Young2
2594, NSW 2

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

People in Young have lower levels of overall advantage and job skills than most other areas. The typical advantage score of 912 is smaller than about 85% of similar places.

2

Lower than 86% of statistical area 2 (sa2) 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.

2

Lower than 86% of statistical area 2 (sa2) 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.

3

Lower than 71% of statistical area 2 (sa2) 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.

2

Lower than 86% of statistical area 2 (sa2) 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.

912

Lower than 85% of statistical area 2 (sa2) 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.

Population growth

Annual population estimates and change since the census.

The population has shrunk by 0.7% since 2021. This is among the lowest growth rates for its area type and is well below the New South Wales figure of 6.1%.

Business & building

Operating businesses and dwellings approved.

With 1,132 businesses, Young is larger than about 63% of similar areas in terms of its business count.

1,132

Higher than 62% of statistical area 2 (sa2) areas.

Operating businesses (ABS Counts of Australian Businesses), June 2025.

Sources

  • Socio-Economic Indexes for Areas (SEIFA) — Australian Bureau of Statistics, 2021 (CC BY 4.0).
  • Regional Population (Estimated Resident Population) — Australian Bureau of Statistics, 2024 (CC BY 4.0).
  • Counts of Australian Businesses & Building Approvals — Australian Bureau of Statistics, 2025 (CC BY 4.0).

More for Young

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Young [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/101061543/young/topic/economy-advantage