Cardiff

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

Cardiff supports 226,320 workplace jobs with median earnings broadly in line with the England average. Productivity (GVA per job) is ranked 32nd of 391 local authorities.

Population

383,919

12.5%

England: 58,620,101

Workplace Jobs

226,320

Median Annual Earnings

£32,756

167th of 348

England: £33,080

Median House Price

£272,802

1.8%167th of 348

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£67,217

32nd 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 383,919. Population has grown by 12.5% over five years, above the England rate of 11.4%. Working-age population (68.0%) is above the England average.

Population

383,919

England: 58,620,101

Working-Age (16-64)

68.0%

England: 62.9%

Under 16

17.5%

Over 65

14.6%

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

Earnings & Income

Gross annual earnings distribution, 2025.

Median annual earnings of £32,756 are in line with the England median of £33,080. The 90/10 earnings ratio is 5.4x (England: 6.2x), indicating relatively high wage inequality.

Median Annual

£32,756

England: £33,080

10th Percentile

£12,000

90th Percentile

£64,410

90/10 Ratio

5.4x

Gender Pay Gap

The gender pay gap is 20.2% (male median £35,995, female median £28,736). This is significantly below the England gap of 28.2%.

Gender Pay Gap

20.2%

England: 28.2%

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

Industry Structure

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

The most specialised sectors are Public administration & defence (LQ 2.54) and Electricity, gas & air conditioning (LQ 2.44). Financial & insurance shows the strongest local competitive advantage. Administrative & support services underperforms its national sectoral trend.

Largest Sector

Human health & social work

Most Specialised

Public administration & defence

England: LQ 2.54

Fastest Growing

Financial & insurance

Specialised Sectors

5

England: LQ > 1.25

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

Housing & Property Market

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

The median house price of £272,802 is below 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

£272,802

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 Cardiff to Wales and Great Britain averages.

Cardiff's median earnings of £32,756 are 7% above the Wales average of £30,754. House prices are 7% above the Wales median. The claimant rate of 3.9% is higher than the GB average of 3.5%.

Median earnings

£32,756

Wales: £30,754(7% above)
GB: £32,401

Median house price

£272,802

Wales: £256,129(7% above)
GB: £269,841

Claimant rate

3.9%

Wales: 3.4%(0.5pp higher)
GB: 3.5%

GVA per job

£67,217

Wales: £60,032(12% above)
GB: £61,125(10% above)

Working-age population

68.0%

Wales: 60.2%(7.8pp higher)
GB: 61.9%(6.1pp higher)

Population change (5yr)

12.5%

Wales: 3.4%(9.1pp higher)
GB: 10.3%(2.2pp higher)

Country averages computed from local authority-level data (Wales: 22 LAs, GB: 348 LAs). May differ slightly from official published national statistics.