Exeter

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

Exeter supports 98,970 workplace jobs with median earnings 11% below the England average. The claimant rate (2.3%) is lower than the England average of 4.1%. Productivity (GVA per job) is ranked 221st of 391 local authorities.

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Workplace Jobs

98,970

Claimant Rate

2.3%

England: 4.1%

Median Annual Earnings

£29,531

293rd of 348

England: £33,080

Median House Price

£245,943

1.8%

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£59,497

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 Exeter's economy.

The most specialised sectors are Electricity, gas & air conditioning (LQ 2.79) and Water supply & waste management (LQ 2.49). Public administration & defence shows the strongest local competitive advantage. Administrative & support services underperforms its national sectoral trend.

Largest Sector

Human health & social work

Most Specialised

Electricity, gas & air conditioning

England: LQ 2.79

Fastest Growing

Public administration & defence

Specialised Sectors

5

England: LQ > 1.25

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

Economic Output

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

Total GVA

£5.9bn

GVA per Job

£59,497

England: £63,763

Productivity Rank

221

221st of 391

Top GVA Sector

Human health & social work

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 £29,531 are below the England median of £33,080.

Median Annual

£29,531

England: £33,080

10th Percentile

£9,240

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 130,709 with 69.5% of working age. The dependency ratio is 44%.

Population

130,709

Working-Age %

69.5%

Dependency Ratio

44%

Working-Age Pop.

90,780

Source: Census 2021, ONS·Last updated 2021

Commuting & Travel to Work

Census 2021 method of travel to work for Exeter residents.

30.6% of residents work from home. The most common commute method is driving a car or van (37.2%).

Total Commuters

59,699

Work from Home

30.6%

Source: Census 2021 TS061, ONS·Last updated 2021

Business Environment

Active enterprises in Exeter from the UK Business Counts dataset.

4,425 active enterprises operate in this area. The business base has declined by 1.1% over three years. 73.4% of enterprises have fewer than 5 employees.

Active Enterprises

4,425

3-Year Growth

-1.1%

1.1%

Share of England

0.2%

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

Housing & Property Market

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

The median house price of £245,943 is significantly 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

£245,943

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. Exeter is ranked 193 out of 317 local authorities (1 = most deprived).

Ranked 193rd of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Living Environment (ranked 104th), while Barriers to Housing & Services ranks comparatively better (241st).

IMD Rank

193 / 317

IMD Score

16.2

Deprivation Percentile

39th

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

Impact Calculator

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

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