Forbes · Statistical Area 2 (SA2)

Economy & Advantage in Forbes

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

A gap of 6.8 percentage points separates the population growth in Forbes from the New South Wales average. This region struggles with a lower overall advantage score of 940, which is smaller than about 74% of similar areas. While it supports a healthy number of local businesses, overall economic resources remain limited.

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📍 Forbes, Statistical Area 2 (SA2)

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

3
1 2 3 4 5 6 7 8 9 10

All statistical area 2 (sa2) areas, 2021. The marker is Forbes — lower than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Forbes3
2871, NSW 3

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents face a lack of access to money and job skills, with education and resources both scoring lower than about 70% of similar areas. This is reflected in an overall advantage score of 3, which is smaller than most other areas.

3

Lower than 71% 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.

3

Lower than 71% 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.

4

Lower than 64% 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.

3

Lower than 71% 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.

940

Lower than 74% 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 of 10,019 has shrunk by 0.7% since 2021. This decline is among the lowest for similar areas and is well below the 6.1% growth seen across New South Wales.

Business & building

Operating businesses and dwellings approved.

Despite slower growth and lower advantage, the area remains a hub for local trade with 1,305 businesses, a figure larger than about 70% of similar areas.

1,305

Higher than 70% 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 Forbes

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Forbes [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/103021065/forbes/topic/economy-advantage