Grenfell · Statistical Area 2 (SA2)

Economy & Advantage in Grenfell

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

A shrinking population has marked the recent economic trend for Grenfell, with growth falling well below the state average. The area faces notable challenges in wealth and skills, as most residents have less access to money and education than people in similar regions.

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📍 Grenfell, Statistical Area 2 (SA2)

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

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Grenfell3
2810, NSW 3

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Overall advantage is low in Grenfell, with a score of 942 that is smaller than about 73% of similar areas. This is mirrored in both education and access to resources, where the area ranks lower than about 60% of other regions.

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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.

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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.

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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.

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Lower than 64% 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.

942

Lower than 73% 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 dipped by 0.8% since 2021, which is among the lowest growth rates for this type of area and well below the New South Wales increase of 6.1%.

Business & building

Operating businesses and dwellings approved.

There are 556 businesses operating in the area, a total that is smaller than about 71% of similar regions.

556

Lower than 71% 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 Grenfell

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Grenfell [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/103021066/grenfell/topic/economy-advantage