Hertsmere

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

Hertsmere supports 57,565 workplace jobs with median earnings 9% above the England average. Productivity (GVA per job) is ranked 8th of 391 local authorities.

Population

110,212

10.9%

England: 58,620,101

Workplace Jobs

57,565

Median Annual Earnings

£36,159

76th of 348

England: £33,080

Median House Price

£301,143

1.8%76th of 348

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£72,500

8th 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 110,212. Population has grown by 10.9% over five years.

Population

110,212

England: 58,620,101

Working-Age (16-64)

61.7%

England: 62.9%

Under 16

19.7%

Over 65

18.6%

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

Earnings & Income

Gross annual earnings distribution, 2025.

Median annual earnings of £36,159 are above the England median of £33,080.

Median Annual

£36,159

England: £33,080

10th Percentile

N/A

90th Percentile

N/A

90/10 Ratio

N/A

Gender Pay Gap

The gender pay gap is 28.2% (male median £43,497, female median £31,245).

Gender Pay Gap

28.2%

England: 28.2%

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

Industry Structure

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

The most specialised sectors are Construction (LQ 2.29) and Real estate (LQ 2.25). Professional, scientific & technical shows the strongest local competitive advantage. Information & communication underperforms its national sectoral trend.

Largest Sector

Professional, scientific & technical

Most Specialised

Construction

England: LQ 2.29

Fastest Growing

Professional, scientific & technical

Specialised Sectors

4

England: LQ > 1.25

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

Housing & Property Market

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

The median house price of £301,143 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

£301,143

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 Hertsmere to England and Great Britain averages.

Hertsmere's median earnings of £36,159 are 10% above the England average of £32,909. House prices are 10% above the England median. The claimant rate is in line with the GB average.

Median earnings

£36,159

England: £32,909(10% above)
GB: £32,401(12% above)

Median house price

£301,143

England: £274,076(10% above)
GB: £269,841(12% above)

Claimant rate

3.5%

England: 3.6%
GB: 3.5%

GVA per job

£72,500

England: £61,178(19% above)
GB: £61,125(19% above)

Working-age population

61.7%

England: 62.1%
GB: 61.9%

Population change (5yr)

10.9%

England: 11.5%(0.6pp lower)
GB: 10.3%(0.6pp higher)

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