Folkestone and Hythe

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

Folkestone and Hythe supports 34,400 workplace jobs with median earnings broadly in line with the England average.

Population

112,411

5.1%

England: 58,620,101

Workplace Jobs

34,400

Median Annual Earnings

£33,355

143rd of 348

England: £33,080

Median House Price

£277,790

1.8%143rd of 348

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£61,193

152nd 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 112,411. Population has grown by 5.1% over five years, significantly below the England rate of 11.4%. Working-age population (57.9%) is below the England average.

Population

112,411

England: 58,620,101

Working-Age (16-64)

57.9%

England: 62.9%

Under 16

16.4%

Over 65

25.7%

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

Earnings & Income

Gross annual earnings distribution, 2025.

Median annual earnings of £33,355 are in line with the England median of £33,080.

Median Annual

£33,355

England: £33,080

10th Percentile

£11,300

90th Percentile

N/A

90/10 Ratio

N/A

Gender Pay Gap

The gender pay gap is 36.8% (male median £40,295, female median £25,447). This is significantly above the England gap of 28.2%.

Gender Pay Gap

36.8%

England: 28.2%

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

Industry Structure

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

The most specialised sectors are Electricity, gas & air conditioning (LQ 4.82) and Public administration & defence (LQ 2.25). Accommodation & food service shows the strongest local competitive advantage. Administrative & support services underperforms its national sectoral trend.

Largest Sector

Wholesale & retail trade

Most Specialised

Electricity, gas & air conditioning

England: LQ 4.82

Fastest Growing

Accommodation & food service

Specialised Sectors

6

England: LQ > 1.25

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

Housing & Property Market

Estimated house prices for Folkestone and Hythe vs England, 2015-2025.

The median house price of £277,790 is in line with 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

£277,790

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 Folkestone and Hythe to England and Great Britain averages.

Folkestone and Hythe's median earnings of £33,355 are in line with the England average. The claimant rate of 3.9% is higher than the GB average of 3.5%.

Median earnings

£33,355

England: £32,909
GB: £32,401(3% above)

Median house price

£277,790

England: £274,076
GB: £269,841(3% above)

Claimant rate

3.9%

England: 3.6%
GB: 3.5%

GVA per job

£61,193

England: £61,178
GB: £61,125

Working-age population

57.9%

England: 62.1%(4.2pp lower)
GB: 61.9%(4pp lower)

Population change (5yr)

5.1%

England: 11.5%(6.4pp lower)
GB: 10.3%(5.2pp lower)

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