Far Central West · Statistical Area 2 (SA2)

Economy & Advantage in Far Central West

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

A score of 3 for overall advantage marks Far Central West as an area where most people have fewer resources than in most other parts of the country. This reflects a community with limited access to money and education, combined with a very small population of 2,227 people.

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📍 Far Central West, Statistical Area 2 (SA2)

Where Far Central West sits — Socio-economic advantage (IRSAD decile)

3
1 2 3 4 5 6 7 8 9 10

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Far Central West3
4735, QLD 4

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents face significant hurdles, with both access to money and job skills scoring just 2 out of 10. This puts the area's overall advantage score of 942 well below the national average.

3

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.

2

Lower 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.

2

Lower 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.

942

Lower than 73% 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 grew by 1.9% since 2021, a figure that is well below the Queensland growth rate of 8.7%.

Business & building

Operating businesses and dwellings approved.

There are 435 businesses operating in the area, which is fewer than in about 79% of similar regions.

435

Lower 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 Far Central West

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Far Central West [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/315031410/far-central-west/topic/economy-advantage