Derwent Valley · Statistical Area 2 (SA2)

Economy & Advantage in Derwent Valley

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

A low overall advantage score of 904 marks Derwent Valley as a disadvantaged area compared to most of the country. The region struggles with limited education and job skills, which places it among the bottom 10% of similar areas.

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📍 Derwent Valley, Statistical Area 2 (SA2)

Where Derwent Valley sits — Socio-economic advantage (IRSAD decile)

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Derwent Valley2
7140, TAS 1

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

While access to money and resources is similar to about half of other areas, education and job skills are much lower, with a score of 1 out of 10. This contributes to an overall advantage score that is smaller than about 87% of similar regions.

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.

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.

1

Lower than 99% 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.

904

Lower than 87% 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 1.7% since 2021, which is about the same as the Tasmanian figure of 1.6% but much lower than most other areas. There are currently 3,464 people living here.

Business & building

Operating businesses and dwellings approved.

Local commercial activity is low, with only 201 businesses operating in the area. This is smaller than about 91% of similar regions.

201

Lower than 91% 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 Derwent Valley

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Derwent Valley [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/603011066/derwent-valley/topic/economy-advantage