Taylors Hill · Statistical Area 2 (SA2)

Economy & Advantage in Taylors Hill

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

A score of 9 for access to money and resources makes Taylors Hill more advantaged than about 90% of similar areas. This is a well-off suburb where most people have good access to wealth. While it is generally more prosperous than the national average, its population has remained very stable recently.

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📍 Taylors Hill, Statistical Area 2 (SA2)

Where Taylors Hill sits — Socio-economic advantage (IRSAD decile)

7
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All statistical area 2 (sa2) areas, 2021. The marker is Taylors Hill — higher than 64% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Taylors Hill7
3037, VIC 6

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks as more advantaged than about 70% of all areas, with an overall advantage score of 1,023. This is higher than the national figure, supported by a workforce with better job skills than about 60% of similar places.

7

Higher than 64% 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.

7

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.

9

Higher than 86% 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.

6

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.

1,023

Higher than 61% 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.

Taylors Hill is home to 19,874 people, which is more than about 87% of similar areas. However, recent growth of 0.4% is much lower than most other areas and well below Victoria's 8.0% increase.

Business & building

Operating businesses and dwellings approved.

There are 1,476 businesses operating in the area, which is a larger number than about 76% of similar locations.

1,476

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 Taylors Hill

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Taylors Hill [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/213041360/taylors-hill/topic/economy-advantage