Waratah · Statistical Area 2 (SA2)

Economy & Advantage in Waratah

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

A modest 1.3% population increase since 2021 marks the recent pace of change for Waratah. This sparsely populated area faces several economic challenges, with an overall advantage score of 939 that is lower than the national average.

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📍 Waratah, Statistical Area 2 (SA2)

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

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1 2 3 4 5 6 7 8 9 10

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Waratah3
7321, TAS 3

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Resources and job skills are relatively low here, as the area's overall advantage score is smaller than about 75% of similar places. This is reflected in an education and skills ranking of 3 out of 10, which is lower than most 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.

4

Lower than 64% 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.

3

Lower than 71% 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.

939

Lower than 75% 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 1.3% since 2021, a rate that is about the same as the Tasmanian figure of 1.6%. However, this growth is much lower than most other similar areas.

Business & building

Operating businesses and dwellings approved.

Commercial activity is limited in this region, with 377 businesses operating across the area. This is smaller than about 82% of similar places.

377

Lower than 83% 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 Waratah

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Waratah [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/604031096/waratah/topic/economy-advantage