Greenwich

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

Greenwich supports 91,770 workplace jobs with median earnings 21% above the England average. The claimant rate (5.8%) is higher than the England average of 4.1%. Productivity (GVA per job) is ranked 354th of 391 local authorities.

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Workplace Jobs

91,770

Claimant Rate

5.8%

England: 4.1%

Median Annual Earnings

£39,984

30th of 348

England: £33,080

Median House Price

£332,999

1.8%

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£54,788

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 Greenwich's economy.

The most specialised sectors are Arts, entertainment & recreation (LQ 1.74) and Water supply & waste management (LQ 1.62). Administrative & support services shows the strongest local competitive advantage. Professional, scientific & technical underperforms its national sectoral trend.

Largest Sector

Human health & social work

Most Specialised

Arts, entertainment & recreation

England: LQ 1.74

Fastest Growing

Administrative & support services

Specialised Sectors

4

England: LQ > 1.25

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

Economic Output

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

Total GVA

£5.0bn

GVA per Job

£54,788

England: £63,763

Productivity Rank

354

354th 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 £39,984 are significantly above the England median of £33,080.

Median Annual

£39,984

England: £33,080

10th Percentile

£12,854

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 289,071 with 70.2% of working age. The dependency ratio is 42.5%.

Population

289,071

Working-Age %

70.2%

Dependency Ratio

42.5%

Working-Age Pop.

202,830

Source: Census 2021, ONS·Last updated 2021

Commuting & Travel to Work

Census 2021 method of travel to work for Greenwich residents.

40.5% of residents work from home (well above the national average). The most common commute method is driving a car or van (20%).

Total Commuters

142,934

Work from Home

40.5%

Source: Census 2021 TS061, ONS·Last updated 2021

Business Environment

Active enterprises in Greenwich from the UK Business Counts dataset.

9,950 active enterprises operate in this area. The business base has grown by 1.5% over three years. 85.5% of enterprises have fewer than 5 employees.

Active Enterprises

9,950

3-Year Growth

1.5%

1.5%

Share of England

0.4%

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

Housing & Property Market

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

The median house price of £332,999 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

£332,999

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. Greenwich is ranked 60 out of 317 local authorities (1 = most deprived).

Ranked 60th of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Barriers to Housing & Services (ranked 17th), while Education, Skills & Training ranks comparatively better (193rd).

IMD Rank

60 / 317

IMD Score

24.5

Deprivation Percentile

81th

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

Impact Calculator

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

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