Hackney

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

Hackney supports 169,530 workplace jobs with median earnings 22% above the England average. The claimant rate (7.0%) is higher than the England average of 4.1%. Productivity (GVA per job) is ranked 7th of 391 local authorities.

PDF

Workplace Jobs

169,530

Claimant Rate

7.0%

England: 4.1%

Median Annual Earnings

£40,237

27th of 348

England: £33,080

Median House Price

£335,106

1.8%

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£73,021

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 Hackney's economy.

The most specialised sectors are Information & communication (LQ 3.35) and Real estate (LQ 1.83). Information & communication shows the strongest local competitive advantage. Public administration & defence underperforms its national sectoral trend.

Largest Sector

Professional, scientific & technical

Most Specialised

Information & communication

England: LQ 3.35

Fastest Growing

Information & communication

Specialised Sectors

3

England: LQ > 1.25

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

Economic Output

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

Total GVA

£12.4bn

GVA per Job

£73,021

England: £63,763

Productivity Rank

7

7th of 391

Top GVA Sector

Information & communication

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 £40,237 are significantly above the England median of £33,080.

Median Annual

£40,237

England: £33,080

10th Percentile

£9,534

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 259,146 with 74.1% of working age. The dependency ratio is 35% (below average, indicating a predominantly working-age population).

Population

259,146

Working-Age %

74.1%

Dependency Ratio

35%

Working-Age Pop.

191,928

Source: Census 2021, ONS·Last updated 2021

Commuting & Travel to Work

Census 2021 method of travel to work for Hackney residents.

49.8% of residents work from home (well above the national average). The most common commute method is bus, minibus or coach (10.4%).

Total Commuters

134,310

Work from Home

49.8%

Source: Census 2021 TS061, ONS·Last updated 2021

Business Environment

Active enterprises in Hackney from the UK Business Counts dataset.

25,785 active enterprises operate in this area. The business base has grown by 3.4% over three years. 82.5% of enterprises have fewer than 5 employees.

Active Enterprises

25,785

3-Year Growth

3.4%

3.4%

Share of England

1.1%

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

Housing & Property Market

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

The median house price of £335,106 is significantly 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

£335,106

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. Hackney is ranked 7 out of 317 local authorities (1 = most deprived).

Ranked 7th of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Barriers to Housing & Services (ranked 3rd), while Education, Skills & Training ranks comparatively better (214th).

IMD Rank

7 / 317

IMD Score

32.5

Deprivation Percentile

98th

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

Impact Calculator

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

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