Mitcham · Statistical Area 2 (SA2)

Economy & Advantage in Mitcham

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

A score of 9 for overall advantage puts Mitcham among the most prosperous areas in the country. This is a highly advantaged community where most residents have strong access to money and high-level job skills. It is a well-off suburb that sits comfortably above the national average for wealth and resources.

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📍 Mitcham, Statistical Area 2 (SA2)

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

9
1 2 3 4 5 6 7 8 9 10

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Mitcham9
3132, VIC 9

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area's level of education and job skills is exceptionally high, ranking above 90% of similar places. This high level of qualification helps explain why overall advantage is much higher than the state and national figures.

9

Higher 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.

8

Higher 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.

7

Higher than 64% 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.

9

Higher than 86% 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.

1,075

Higher than 79% 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.

Mitcham has a population of 17,496, though it has grown by only 3.3% since 2021. This is lower than most other areas and sits well below the Victorian growth rate of 8.0%.

Business & building

Operating businesses and dwellings approved.

Local commerce is strong, with 1,712 businesses operating in the area. This is a larger number of businesses than about 82% of similar places.

1,712

Higher than 81% 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 Mitcham

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Mitcham [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/211041270/mitcham/topic/economy-advantage