Wangaratta Surrounds · Statistical Area 2 (SA2)

Economy & Advantage in Wangaratta Surrounds

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

A strong business presence defines Wangaratta Surrounds, which is home to 1,594 businesses. This level of commercial activity helps the area maintain a decent standard of living, with residents scoring higher for access to money and resources than about 80% of similar places.

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📍 Wangaratta Surrounds, Statistical Area 2 (SA2)

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

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All statistical area 2 (sa2) areas, 2021. The marker is Wangaratta Surrounds — higher than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Wangaratta Surrounds6
3732, VIC 5

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area has a solid overall advantage score of 1,000, which is about the national average. Residents generally fare well, with education and job skills ranking higher than about 60% of similar areas.

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Higher 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.

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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.

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Higher 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.

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Higher 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.

1,000

Higher than 51% 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 slow, rising by only 2.1% since 2021. This is much lower than the Victorian average of 8.0%.

Business & building

Operating businesses and dwellings approved.

With 1,594 businesses, this area has more commercial activity than about 80% of similar regions.

1,594

Higher than 78% 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 Surrounds

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Wangaratta Surrounds [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/204021067/wangaratta-surrounds/topic/economy-advantage