OverviewDemographicsEarningsIndustryHousing

Fareham

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

Fareham supports 49,120 workplace jobs with median earnings 17% above the England average.

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Population

115,428

↑ 3.6%

England: 58,620,101

Workplace Jobs

49,120

Median Annual Earnings

£38,851

42nd of 348

England: £33,080

Median House Price

£323,563

↑ 1.8%42nd of 348

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£63,699

75th 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 115,428. Population has grown by 3.6% over five years, significantly below the England rate of 11.4%. Working-age population (58.1%) is below the England average.

Population

115,428

England: 58,620,101

Working-Age (16-64)

58.1%

England: 62.9%

Under 16

16.1%

Over 65

25.9%

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

Earnings & Income

Gross annual earnings distribution, 2025.

Median annual earnings of £38,851 are significantly above the England median of £33,080.

Median Annual

£38,851

England: £33,080

10th Percentile

£11,969

90th Percentile

N/A

90/10 Ratio

N/A

Gender Pay Gap

The gender pay gap is 34.6% (male median £45,203, female median £29,566). This is significantly above the England gap of 28.2%.

Gender Pay Gap

34.6%

England: 28.2%

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

Industry Structure

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

The most specialised sectors are Public administration & defence (LQ 2.03) and Construction (LQ 1.46). Public administration & defence shows the strongest local competitive advantage. Education underperforms its national sectoral trend.

Largest Sector

Wholesale & retail trade

Most Specialised

Public administration & defence

England: LQ 2.03

Fastest Growing

Public administration & defence

Specialised Sectors

2

England: LQ > 1.25

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

Housing & Property Market

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

The median house price of £323,563 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

£323,563

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 Fareham to England and Great Britain averages.

Fareham's median earnings of £38,851 are 18% significantly above the England average of £32,909. House prices are 18% significantly above the England median. The claimant rate of 2.1% is lower than the GB average of 3.5%.

Median earnings

£38,851

England: £32,909(18% above)
GB: £32,401(20% above)

Median house price

£323,563

England: £274,076(18% above)
GB: £269,841(20% above)

Claimant rate

2.1%

England: 3.6%(1.5pp lower)
GB: 3.5%(1.4pp lower)

GVA per job

£63,699

England: £61,178(4% above)
GB: £61,125(4% above)

Working-age population

58.1%

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

Population change (5yr)

3.6%

England: 11.5%(7.9pp lower)
GB: 10.3%(6.7pp lower)

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