Croydon

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

Croydon supports 120,510 workplace jobs with median earnings 15% above the England average.

Population

409,342

14.4%

England: 58,620,101

Workplace Jobs

120,510

Median Annual Earnings

£38,080

50th of 348

England: £33,080

Median House Price

£317,141

1.8%50th of 348

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£64,240

64th 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 409,342. Population has grown by 14.4% over five years, significantly above the England rate of 11.4%.

Population

409,342

England: 58,620,101

Working-Age (16-64)

65.9%

England: 62.9%

Under 16

20.3%

Over 65

13.9%

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

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

Gender Pay Gap

The gender pay gap is 5.8% (male median £39,314, female median £37,026). This is significantly below the England gap of 28.2%.

Gender Pay Gap

5.8%

England: 28.2%

Source: ASHE via Nomis, 2025·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

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

Benchmark to national figures

Comparing Croydon to England and Great Britain averages.

Croydon's median earnings of £38,080 are 16% significantly above the England average of £32,909. House prices are 16% significantly above the England median. The claimant rate of 6.4% is higher than the GB average of 3.5%.

Median earnings

£38,080

England: £32,909(16% above)
GB: £32,401(18% above)

Median house price

£317,141

England: £274,076(16% above)
GB: £269,841(18% above)

Claimant rate

6.4%

England: 3.6%(2.8pp higher)
GB: 3.5%(2.9pp higher)

GVA per job

£64,240

England: £61,178(5% above)
GB: £61,125(5% above)

Working-age population

65.9%

England: 62.1%(3.8pp higher)
GB: 61.9%(4pp higher)

Population change (5yr)

14.4%

England: 11.5%(2.9pp higher)
GB: 10.3%(4.1pp higher)

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