Theodore · Statistical Area 2 (SA2)

Economy & Advantage in Theodore

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

A slight decline in population has marked the recent trend for Theodore, where the population fell by 1.3% since 2021. Despite this dip, it remains a relatively affluent area with a high overall advantage score of 1,048, placing it above about 71% of similar areas.

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📍 Theodore, Statistical Area 2 (SA2)

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

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

Socio-economic advantage (IRSAD decile) compared with the state and national average
Theodore8
2905, ACT 8

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have strong access to money and job skills, with an overall advantage score that is higher than about 80% of similar areas. This puts the area in a high standing for both education and general resources.

8

Higher 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.

8

Higher 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.

8

Higher 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.

7

Higher than 64% 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.

1,048

Higher than 71% 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 stands at 3,726, but this is smaller than about 87% of similar areas. Growth has been well below the Territory's 7.1% rate, falling by 1.3% since the last census.

Business & building

Operating businesses and dwellings approved.

The local economy is small in scale, with 178 businesses, which is among the smallest number of businesses for areas at this level.

178

Lower than 92% 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 Theodore

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Theodore [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/801071088/theodore/topic/economy-advantage