24133 – Human Capital Depth

One of five Meridian components. Measures current educational attainment stock from three signals: Bachelor’s-degree-or-higher %, postgraduate qualification %, and ANZSCO Skill Level 1–2 (managers/professionals/technicians & trades) concentration among the employed.

Source: 2021 Census GCP SAL short-header (G01/G49B/G60B).

Alignment with the pillar. Across the 6,765 localities with more than 200 residents scored on both, this component and APN Meridian™ (Education Value Index) (24130) have a correlation of 0.83, on a scale where 1 means the two scores move together exactly and 0 means they are unrelated. The two are closely aligned: a locality that scores high on this component usually scores high on Meridian as a whole. This component is one of the pillar’s five inputs, so part of that alignment is built into the pillar itself.

Each bar is the average score of the jurisdiction’s localities with more than 200 residents, with every locality counted equally regardless of population; the dashed line marks the national mean of 54.67. The Australian Capital Territory averages highest at 86.1 (100 localities) and the Northern Territory lowest at 46.2 (162). Victoria averages 59.2, New South Wales 58.3, South Australia 55.3, Tasmania 52.7, Western Australia 51.2 and Queensland 46.5. Other Territories (4 localities) are not shown.

The other four components of APN Meridian™ (Education Value Index) (24130).