Cherwell

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

Cherwell supports 85,345 workplace jobs with median earnings 11% above the England average. The claimant rate (2.5%) is lower than the England average of 4.1%.

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Workplace Jobs

85,345

Claimant Rate

2.5%

England: 4.1%

Median Annual Earnings

£36,568

68th of 348

England: £33,080

Median House Price

£304,549

1.8%

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£62,207

England: £63,763

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

Employment & Labour Market

Monthly claimant count rate over the past 3 years.

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

Industry Structure

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

The most specialised sectors are Agriculture, forestry & fishing (LQ 2.12) and Mining & quarrying (LQ 1.66). Wholesale & retail trade shows the strongest local competitive advantage. Administrative & support services underperforms its national sectoral trend.

Largest Sector

Wholesale & retail trade

Most Specialised

Agriculture, forestry & fishing

England: LQ 2.12

Fastest Growing

Wholesale & retail trade

Specialised Sectors

5

England: LQ > 1.25

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

Economic Output

Estimated Gross Value Added for Cherwell, derived from sector employment and national productivity ratios.

Total GVA

£5.3bn

GVA per Job

£62,207

England: £63,763

Productivity Rank

119

119th of 391

Top GVA Sector

Wholesale & retail trade

Estimates based on national GVA-per-job ratios applied to local sector employment (BRES). Indicative only. See Methodology for details.

Earnings & Income

Gross annual earnings distribution, 2025.

Median annual earnings of £36,568 are above the England median of £33,080.

Median Annual

£36,568

England: £33,080

10th Percentile

£13,433

90th Percentile

N/A

90/10 Ratio

N/A

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

Skills & Qualifications

Census 2021 highest qualification and occupation data.

Source: Census 2021, ONS

Demographics

Census 2021 population by age band.

The population is 161,015 with 64.9% of working age. The dependency ratio is 54.2%.

Population

161,015

Working-Age %

64.9%

Dependency Ratio

54.2%

Working-Age Pop.

104,421

Source: Census 2021, ONS·Last updated 2021

Commuting & Travel to Work

Census 2021 method of travel to work for Cherwell residents.

32.2% of residents work from home. The most common commute method is driving a car or van (46.5%).

Total Commuters

84,969

Work from Home

32.2%

Source: Census 2021 TS061, ONS·Last updated 2021

Business Environment

Active enterprises in Cherwell from the UK Business Counts dataset.

7,240 active enterprises operate in this area. The business base has grown by 1.8% over three years. 77.6% of enterprises have fewer than 5 employees.

Active Enterprises

7,240

3-Year Growth

1.8%

1.8%

Share of England

0.3%

Source: UK Business Counts via Nomis, 2024·Last updated March 2026

Housing & Property Market

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

The median house price of £304,549 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

£304,549

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

Place & Deprivation

Index of Multiple Deprivation 2019. Cherwell is ranked 220 out of 317 local authorities (1 = most deprived).

Ranked 220th of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Barriers to Housing & Services (ranked 115th), while Employment ranks comparatively better (264th).

IMD Rank

220 / 317

IMD Score

14.4

Deprivation Percentile

31th

Source: MHCLG English Indices of Deprivation, 2019·Last updated 2019

Impact Calculator

Estimate the economic impact of investment or job creation in Cherwell using regional input-output multipliers.

Source: Derived from ONS Supply-Use Tables, regionalized via SLQ, 2019·Last updated March 2026