Richardson · Statistical Area 2 (SA2)

Economy & Advantage in Richardson

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

A modest growth rate of 0.7% defines Richardson, where the population has barely increased since the last census. This small area maintains a middle-of-the-road standing across most economic measures, reflecting a stable but slow-growing community.

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📍 Richardson, Statistical Area 2 (SA2)

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

5
1 2 3 4 5 6 7 8 9 10

All statistical area 2 (sa2) areas, 2021. The marker is Richardson — lower than 57% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Richardson5
2905, ACT 8

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have a typical level of advantage, with scores for education, job skills, and access to resources all sitting right in the middle compared to similar areas.

5

Lower than 57% 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.

5

Lower than 57% 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.

5

Lower than 57% 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.

985

Lower than 55% 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.

Growth has been very slow, with the population increasing by only 0.7% since 2021. This is well below the territory's 7.1% increase, and the total population of 3,060 is smaller than about 91% of similar areas.

Business & building

Operating businesses and dwellings approved.

The local economy is small, with only 149 businesses operating in the area, making it one of the smallest business hubs at this level.

149

Lower than 94% 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 Richardson

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Richardson [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/801071087/richardson/topic/economy-advantage