Inverell · Statistical Area 2 (SA2)

Economy & Advantage in Inverell

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

A low overall advantage score of 896 marks Inverell as an area with fewer resources than the vast majority of Australian regions. The town has a population of 12,374 people and a modest number of local businesses.

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📍 Inverell, Statistical Area 2 (SA2)

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

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Inverell2
2360, NSW 2

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents face significant hurdles, with an overall advantage score that is smaller than about 89% of other areas. This is mirrored in education and job skills, where the local ranking is smaller than about 90% of similar places.

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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.

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Lower than 86% 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.

1

Lower than 99% 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.

896

Lower than 88% 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 grew by 2.2% since the last census, which is lower than most areas and well below the New South Wales figure of 6.1%.

Business & building

Operating businesses and dwellings approved.

Inverell is home to 955 businesses, a count that is larger than about 53% of similar areas.

955

Higher than 53% 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 Inverell

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Inverell [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/110021191/inverell/topic/economy-advantage