Wangaratta · Statistical Area 2 (SA2)

Economy & Advantage in Wangaratta

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

A slow growth rate of 0.7% since 2021 defines the recent economic pace for Wangaratta. While the area maintains a large population of 20,019 and a strong business base, it faces challenges with access to resources compared to other regions.

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📍 Wangaratta, Statistical Area 2 (SA2)

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

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Wangaratta3
3677, VIC 3

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have lower access to money, resources, and job skills than most other areas. With an overall advantage score of 935, the area sits below the national average.

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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.

3

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.

3

Lower than 71% 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.

4

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.

935

Lower than 76% 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 of 20,019 is larger than most similar areas, but recent growth has been sluggish. At 0.7%, the increase is well below the Victorian rate of 8.0%.

Business & building

Operating businesses and dwellings approved.

Wangaratta supports a significant commercial hub, with 1,618 businesses operating in the area. This is a larger number of businesses than about 80% of similar places.

1,618

Higher than 79% 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 Wangaratta

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Wangaratta [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/204021066/wangaratta/topic/economy-advantage