Latrobe · Statistical Area 2 (SA2)

Economy & Advantage in Latrobe

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

A typical score of 899 for overall advantage means Latrobe faces more economic challenges than most Australian areas. Residents generally have less access to money and education compared to the rest of the country, though the population is currently growing faster than the state average.

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📍 Latrobe, Statistical Area 2 (SA2)

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

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Latrobe2
7307, TAS 3

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Latrobe ranks low for education and job skills, and its overall advantage score is smaller than about 89% of similar areas. This is consistent with a low score for access to money and resources, which is smaller than about 70% of other areas.

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.

3

Lower than 71% 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.

899

Lower than 88% 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 has grown by 5.2% since 2021. This is around the middle for its level, but well above the Tasmania figure of 1.6%.

Business & building

Operating businesses and dwellings approved.

There are 352 businesses in the area, which is smaller than about 84% of similar areas.

352

Lower than 84% 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 Latrobe

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Latrobe [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/604021087/latrobe/topic/economy-advantage