Hobart · Statistical Area 2 (SA2)

Economy & Advantage in Hobart

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

High levels of education and professional skill shape daily life in Hobart, where the typical resident is more advantaged than most people across the country. While the area is home to a massive number of businesses, it has seen very little population growth since 2021.

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📍 Hobart, Statistical Area 2 (SA2)

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

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All statistical area 2 (sa2) areas, 2021. The marker is Hobart — higher than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Hobart8
7000, TAS 9

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area is highly advantaged, with a score of 1,056 that is larger than about 73% of similar areas. This is driven by a workforce with education and job skills that rank higher than about 90% of other places.

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Higher 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.

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Higher than 57% 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.

1

Lower than 99% 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 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.

1,056

Higher 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.

Population growth has been slow at 1.2%, which is much lower than most areas and about the same as the Tasmania figure of 1.6%.

Business & building

Operating businesses and dwellings approved.

With 3,254 businesses, Hobart is among the largest hubs for commercial activity at this level.

3,254

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 Hobart

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Hobart [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/601051027/hobart/topic/economy-advantage