Targa is a quiet locality in Tasmania within the Launceston local government area (postcode 7259). With a population of 39, the suburb has a mature demographic with a median age of 52. Households earn a median income of $59K per year, with an average household size of 2.1 people. The most common occupations are labourers, professionals, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.

The median weekly rent is $180 (Census 2021). The median monthly mortgage repayment is $1,755.