Gwynedd

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

Gwynedd supports 56,670 workplace jobs with median earnings 24% below the England average. Productivity (GVA per job) is ranked 295th of 391 local authorities.

Population

120,813

0.3%

England: 58,620,101

Workplace Jobs

56,670

Median Annual Earnings

£25,179

348th of 348

England: £33,080

Median House Price

£209,698

1.8%348th of 348

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£57,492

295th 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 120,813. Population has declined by 0.3% over five years, significantly below the England rate of 11.4%.

Population

120,813

England: 58,620,101

Working-Age (16-64)

60.9%

England: 62.9%

Under 16

15.7%

Over 65

23.4%

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

Earnings & Income

Gross annual earnings distribution, 2025.

Median annual earnings of £25,179 are significantly below the England median of £33,080.

Median Annual

£25,179

England: £33,080

10th Percentile

£10,559

90th Percentile

N/A

90/10 Ratio

N/A

Gender Pay Gap

The gender pay gap is 29.2% (male median £30,358, female median £21,504).

Gender Pay Gap

29.2%

England: 28.2%

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

Industry Structure

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

The most specialised sectors are Agriculture, forestry & fishing (LQ 5.58) and Mining & quarrying (LQ 5.25). Wholesale & retail trade shows the strongest local competitive advantage. Accommodation & food service underperforms its national sectoral trend.

Largest Sector

Human health & social work

Most Specialised

Agriculture, forestry & fishing

England: LQ 5.58

Fastest Growing

Wholesale & retail trade

Specialised Sectors

9

England: LQ > 1.25

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

Housing & Property Market

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

The median house price of £209,698 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

£209,698

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 Gwynedd to Wales and Great Britain averages.

Gwynedd's median earnings of £25,179 are 18% significantly below the Wales average of £30,754. House prices are 18% significantly below the Wales median. The claimant rate of 3.1% is lower than the GB average of 3.5%.

Median earnings

£25,179

Wales: £30,754(18% below)
GB: £32,401(22% below)

Median house price

£209,698

Wales: £256,129(18% below)
GB: £269,841(22% below)

Claimant rate

3.1%

Wales: 3.4%
GB: 3.5%

GVA per job

£57,492

Wales: £60,032(4% below)
GB: £61,125(6% below)

Working-age population

60.9%

Wales: 60.2%(0.7pp higher)
GB: 61.9%(1pp lower)

Population change (5yr)

-0.3%

Wales: 3.4%(3.7pp lower)
GB: 10.3%(10.6pp lower)

Country averages computed from local authority-level data (Wales: 22 LAs, GB: 348 LAs). May differ slightly from official published national statistics.