The town of Streaky Bay is the major population centre of the District Council of Streaky Bay, and the centre of an agricultural district farming cereal crops and sheep, as well as having established fishing and tourism industries.
At the 2001 census, Streaky Bay had a population of 1,077. The vast majority of residents were born in Australia; with around 100 having been born overseas, primarily in the United Kingdom. The 2001 census found Christianity to be the prevalent religion in the district with Anglican, Catholic and Uniting Churches being the major denominations.
There are several churches in the area as well as a variety of active sports clubs, including football, cricket, bowls, netball, golf and a swimming pool. The district has strong health and education services in the form of the Streaky Bay Hospital, the local Area School and public library.