Lenah Valley - Mount Stuart · Statistical Area 2 (SA2)

Economy & Advantage in Lenah Valley - Mount Stuart

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

High levels of education and job skills define Lenah Valley - Mount Stuart, where the area ranks better than 90% of similar places for these qualifications. This professional strength contributes to an overall advantage score of 1,052, which is higher than about 72% of comparable areas.

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📍 Lenah Valley - Mount Stuart, Statistical Area 2 (SA2)

Where Lenah Valley - Mount Stuart sits — Socio-economic advantage (IRSAD decile)

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All statistical area 2 (sa2) areas, 2021. The marker is Lenah Valley - Mount Stuart — higher than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Lenah Valley - Mount Stuart8
7008, TAS 8

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The typical resident has a high level of advantage, scoring 8 out of 10 compared to all areas. While access to money and resources is about the same as half of similar areas, the high education and skills levels drive this overall result.

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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.

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.

5

Lower than 57% 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.

1,052

Higher than 72% 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 very slow, falling by 0.2% since 2021. This trend is much lower than most areas and sits a little below the Tasmanian growth rate of 1.6%.

Business & building

Operating businesses and dwellings approved.

There are 589 businesses operating in the area, which is a smaller number than about 69% of similar places.

589

Lower than 69% 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 Lenah Valley - Mount Stuart

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Lenah Valley - Mount Stuart [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/601051028/lenah-valley-mount-stuart/topic/economy-advantage