North West · Statistical Area 2 (SA2)

Economy & Advantage in North West

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

Much lower advantage scores than most similar areas mark North West as a struggling region. While the population grew by 2.7% since 2021, the area faces significant gaps in education and job skills compared to the rest of the state and country.

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📍 North West, Statistical Area 2 (SA2)

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

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
North West3
7469, TAS 1

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

The area ranks low for overall advantage, with a score of 933 that is smaller than about 77% of similar areas. This is linked to a lack of education and job skills, which is smaller than about 80% of other areas.

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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.

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.

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.

933

Lower than 77% 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.

Recent population growth reached 2.7%, which is a little above the Tasmanian figure of 1.6% and lower than most areas. The total population is 4,400.

Business & building

Operating businesses and dwellings approved.

There are 551 businesses in the area, a count that is smaller than about 72% of similar areas.

551

Lower than 72% 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 North West

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in North West [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/604031094/north-west/topic/economy-advantage