Pyrmont · Statistical Area 2 (SA2)

Economy & Advantage in Pyrmont

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

An overall advantage score of 1,128 puts Pyrmont among the most prosperous areas in the country. This is a highly successful pocket of the city where residents typically have a very high level of education and job skills. This wealth is paired with a growing population and a strong business presence.

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📍 Pyrmont, Statistical Area 2 (SA2)

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

10
1 2 3 4 5 6 7 8 9 10

All statistical area 2 (sa2) areas, 2021. The marker is Pyrmont — higher than 99% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Pyrmont10
2009, NSW 10

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Pyrmont ranks among the most advantaged areas in Australia, scoring a 10 for overall advantage. While education and job skills are among the highest possible, access to some money and resources is lower than in about 80% of similar areas.

10

Higher than 99% 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.

7

Higher than 64% 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.

2

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.

10

Higher 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.

1,128

Higher than 93% 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 grown by 9.0% since 2021, which is much higher than most areas. This growth is a little above the New South Wales figure of 6.1%.

Business & building

Operating businesses and dwellings approved.

With 2,412 businesses, Pyrmont is among the largest areas at this level for commercial activity.

2,412

Higher than 86% 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 Pyrmont

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Pyrmont [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/117031641/pyrmont/topic/economy-advantage