Croydon

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

Croydon supports 120,510 workplace jobs with median earnings 15% above the England average. The claimant rate (6.4%) is higher than the England average of 4.1%.

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Workplace Jobs

120,510

Claimant Rate

6.4%

England: 4.1%

Median Annual Earnings

£38,080

50th of 348

England: £33,080

Median House Price

£317,141

1.8%

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£64,240

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 Croydon's economy.

The most specialised sectors are Public administration & defence (LQ 2.75) and Real estate (LQ 1.29). Real estate shows the strongest local competitive advantage. Transport & storage underperforms its national sectoral trend.

Largest Sector

Wholesale & retail trade

Most Specialised

Public administration & defence

England: LQ 2.75

Fastest Growing

Real estate

Specialised Sectors

2

England: LQ > 1.25

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

Economic Output

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

Total GVA

£7.7bn

GVA per Job

£64,240

England: £63,763

Productivity Rank

64

64th of 391

Top GVA Sector

Real estate

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 £38,080 are significantly above the England median of £33,080.

Median Annual

£38,080

England: £33,080

10th Percentile

£12,927

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 390,716 with 67.1% of working age. The dependency ratio is 49.1%.

Population

390,716

Working-Age %

67.1%

Dependency Ratio

49.1%

Working-Age Pop.

262,054

Source: Census 2021, ONS·Last updated 2021

Commuting & Travel to Work

Census 2021 method of travel to work for Croydon residents.

37.5% of residents work from home. The most common commute method is driving a car or van (27.7%).

Total Commuters

189,409

Work from Home

37.5%

Source: Census 2021 TS061, ONS·Last updated 2021

Business Environment

Active enterprises in Croydon from the UK Business Counts dataset.

14,460 active enterprises operate in this area. The business base has declined by 0.9% over three years. 84% of enterprises have fewer than 5 employees.

Active Enterprises

14,460

3-Year Growth

-0.9%

0.9%

Share of England

0.6%

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

Housing & Property Market

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

The median house price of £317,141 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

£317,141

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. Croydon is ranked 102 out of 317 local authorities (1 = most deprived).

Ranked 102nd of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Barriers to Housing & Services (ranked 15th), while Education, Skills & Training ranks comparatively better (203rd).

IMD Rank

102 / 317

IMD Score

22.5

Deprivation Percentile

68th

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

Impact Calculator

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

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