City of London

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

City of London supports 655,740 workplace jobs. Productivity (GVA per job) is ranked 2nd of 391 local authorities.

Population

15,111

105.9%

England: 58,620,101

Workplace Jobs

655,740

Median Annual Earnings

N/A

England: £33,080

Median House Price

N/A

England: £290,000

Price-to-Earnings

N/A

GVA per Job

£90,235

2nd 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 15,111. Population has grown by 105.9% over five years, significantly above the England rate of 11.4%. Working-age population (86.0%) is significantly above the England average.

Population

15,111

England: 58,620,101

Working-Age (16-64)

86.0%

England: 62.9%

Under 16

4.7%

Over 65

9.3%

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

Earnings & Income

Gross annual earnings distribution, 2025.Note: ASHE earnings data may be suppressed for areas with fewer than 30 survey respondents.

Earnings data is not available for this area (likely suppressed due to small sample size).

Median Annual

£0

England: £33,080

10th Percentile

N/A

90th Percentile

N/A

90/10 Ratio

N/A

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

Industry Structure

Location quotients and shift-share analysis for City of London's economy.

The most specialised sectors are Financial & insurance (LQ 9.98) and Information & communication (LQ 3.10). Information & communication shows the strongest local competitive advantage. Administrative & support services underperforms its national sectoral trend.

Largest Sector

Financial & insurance

Most Specialised

Financial & insurance

England: LQ 9.98

Fastest Growing

Information & communication

Specialised Sectors

3

England: LQ > 1.25

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

Housing & Property Market

Estimated house prices for City of London vs England, 2015-2025.

House price data is not available for this area.

Median Price

£0

England: £290,000

Price-to-Earnings

N/A

12-Month Change

N/A

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

Benchmark to national figures

Comparing City of London to England and Great Britain averages.

The claimant rate of 1.2% is lower than the GB average of 3.5%.

Median earnings

N/A

Median house price

N/A

Claimant rate

1.2%

England: 3.6%(2.4pp lower)
GB: 3.5%(2.3pp lower)

GVA per job

£90,235

England: £61,178(47% above)
GB: £61,125(48% above)

Working-age population

86.0%

England: 62.1%(23.9pp higher)
GB: 61.9%(24.1pp higher)

Population change (5yr)

105.9%

England: 11.5%(94.4pp higher)
GB: 10.3%(95.6pp higher)

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