OverviewDemographicsEarningsIndustryHousing

Barnet

Economic profile. Data last updated 2026-03-28.

Barnet supports 135,310 workplace jobs with median earnings 19% above the England average. Productivity (GVA per job) is ranked 9th of 391 local authorities.

PDF

Population

405,050

↑ 15.3%

England: 58,620,101

Workplace Jobs

135,310

Median Annual Earnings

£39,239

40th of 348

England: £33,080

Median House Price

£326,794

↑ 1.8%40th of 348

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£72,470

9th of 391

England: £63,763

Source: ONS, Nomis, HM Land Registry, 2024-2025·Last updated March 2026

Demographics & Population

Mid-year population estimates (2024) and Census 2021 age profile.

Mid-year population estimate of 405,050. Population has grown by 15.3% over five years, significantly above the England rate of 11.4%.

Population

405,050

England: 58,620,101

Working-Age (16-64)

64.5%

England: 62.9%

Under 16

20.5%

Over 65

15.0%

Source: ONS Mid-Year Population Estimates, Census 2021, 2024·Last updated March 2026

Earnings & Income

Gross annual earnings distribution, 2025.

Median annual earnings of £39,239 are significantly above the England median of £33,080.

Median Annual

£39,239

England: £33,080

10th Percentile

£10,799

90th Percentile

N/A

90/10 Ratio

N/A

Gender Pay Gap

The gender pay gap is 18.2% (male median £43,804, female median £35,839). This is significantly below the England gap of 28.2%.

Gender Pay Gap

18.2%

England: 28.2%

Source: ASHE via Nomis, 2025·Last updated March 2026

Industry Structure

Location quotients and shift-share analysis for Barnet's economy.

The most specialised sectors are Real estate (LQ 2.68) and Other service activities (LQ 1.59). Public administration & defence shows the strongest local competitive advantage. Transport & storage underperforms its national sectoral trend.

Largest Sector

Human health & social work

Most Specialised

Real estate

England: LQ 2.68

Fastest Growing

Public administration & defence

Specialised Sectors

4

England: LQ > 1.25

Source: BRES via Nomis, 2020-2024·Last updated March 2026

Housing & Property Market

Estimated house prices for Barnet vs England, 2015-2025.

The median house price of £326,794 is above the England median of £290,000. The price-to-earnings ratio is 8.3x. Prices have risen 1.8% over the past year.

Median Price

£326,794

England: £290,000

Price-to-Earnings

8.3x

12-Month Change

1.8%

Source: HM Land Registry, Census 2021, 2015-2025·Last updated March 2026

Benchmark to national figures

Comparing Barnet to England and Great Britain averages.

Barnet's median earnings of £39,239 are 19% significantly above the England average of £32,909. House prices are 19% significantly above the England median. The claimant rate of 5.1% is higher than the GB average of 3.5%.

Median earnings

£39,239

England: £32,909(19% above)
GB: £32,401(21% above)

Median house price

£326,794

England: £274,076(19% above)
GB: £269,841(21% above)

Claimant rate

5.1%

England: 3.6%(1.5pp higher)
GB: 3.5%(1.6pp higher)

GVA per job

£72,470

England: £61,178(18% above)
GB: £61,125(19% above)

Working-age population

64.5%

England: 62.1%(2.4pp higher)
GB: 61.9%(2.6pp higher)

Population change (5yr)

15.3%

England: 11.5%(3.8pp higher)
GB: 10.3%(5pp higher)

Country averages computed from local authority-level data (England: 294 LAs, GB: 348 LAs). May differ slightly from official published national statistics.