Riverwood · Statistical Area 2 (SA2)

Economy & Advantage in Riverwood

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 922 means many people in Riverwood face daily financial challenges. This is a struggling area where residents often have less access to money and resources than most other Australian communities. However, the local population is growing, with 12,414 people now living here.

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📍 Riverwood, Statistical Area 2 (SA2)

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

2
1 2 3 4 5 6 7 8 9 10

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Riverwood2
2210, NSW 7

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks very low for overall advantage and access to money and resources. While education and job skills are around the middle mark for similar areas, the typical resident still faces much higher levels of disadvantage than most people across the country.

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.

1

Lower than 99% 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.

1

Lower than 99% 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.

5

Lower than 57% 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.

922

Lower than 81% 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.

Riverwood's population has grown by 6.6% since 2021. This increase is higher than most similar areas and is slightly above the New South Wales figure of 6.1%.

Business & building

Operating businesses and dwellings approved.

There are 893 businesses operating in the area, which is a larger number than about half of similar locations.

893

Lower than 51% 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 Riverwood

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Riverwood [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/119031373/riverwood/topic/economy-advantage