Hallam · Statistical Area 2 (SA2)

Economy & Advantage in Hallam

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

Over 2,100 businesses operate in Hallam, making it a major hub for commercial activity compared to similar areas. While it is a strong center for work, the local population faces significant hurdles with limited access to money and education. This creates a sharp contrast between the area's business strength and the lower living standards of its residents.

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📍 Hallam, Statistical Area 2 (SA2)

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

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Hallam2
3803, VIC 3

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area faces considerable hardship, with an overall advantage score of 925, which is smaller than about 80% of other areas. This is linked to low levels of education and job skills, which are smaller than about 70% of similar places.

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.

2

Lower than 86% 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.

4

Lower 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.

3

Lower than 71% 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.

925

Lower than 80% 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.

Hallam has a population of 12,009 people. Since 2021, the population grew by 3.5%, which is around the middle for its level but well below the Victorian rate of 8.0%.

Business & building

Operating businesses and dwellings approved.

Business activity is very high here, with 2,122 businesses in the area. This is larger than about 90% of similar locations.

2,122

Higher than 86% 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 Hallam

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Hallam [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/212021297/hallam/topic/economy-advantage