Richmond - Clarendon · Statistical Area 2 (SA2)

Economy & Advantage in Richmond - Clarendon

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

A 9.3% population jump since 2021 defines the recent growth in Richmond - Clarendon. This increase is well above the New South Wales figure, marking the area as a rapidly expanding part of the region. Most other indicators for the area remain close to the national average.

Open map →
📍 Richmond - Clarendon, Statistical Area 2 (SA2)

Where Richmond - Clarendon sits — Socio-economic advantage (IRSAD decile)

5
1 2 3 4 5 6 7 8 9 10

All statistical area 2 (sa2) areas, 2021. The marker is Richmond - Clarendon — lower than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Richmond - Clarendon5
2753, NSW 6

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area's overall advantage score is 981, which is slightly lower than the national average. Residents' access to money, resources, and job skills all sit right in the middle when compared to similar areas.

5

Lower than 57% 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.

5

Lower than 57% 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.

5

Lower than 57% 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.

981

Lower than 57% 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.

Population growth has been much higher than most areas at this level, rising by 9.3%. This is 3.2 percentage points above the New South Wales average of 6.1%.

Business & building

Operating businesses and dwellings approved.

There are 1,467 businesses operating here, a count that is larger than about 76% of similar areas.

1,467

Higher than 75% 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 Richmond - Clarendon

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Richmond - Clarendon [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/124041466/richmond-clarendon/topic/economy-advantage