Hertsmere
Economic profile. Data last updated 2026-03-28.
Hertsmere supports 57,565 workplace jobs with median earnings 9% above the England average. The claimant rate (3.5%) is lower than the England average of 4.1%. Productivity (GVA per job) is ranked 8th of 391 local authorities.
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 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.
Source: BRES via Nomis, 2020-2024·Last updated March 2026
Economic Output
Estimated Gross Value Added for Hertsmere, derived from sector employment and national productivity ratios.
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 £36,159 are above the England median of £33,080.
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 107,827 with 63.5% of working age. The dependency ratio is 57.5%.
Source: Census 2021, ONS·Last updated 2021
Commuting & Travel to Work
Census 2021 method of travel to work for Hertsmere residents.
39.9% of residents work from home. The most common commute method is driving a car or van (40.1%).
Source: Census 2021 TS061, ONS·Last updated 2021
Business Environment
Active enterprises in Hertsmere from the UK Business Counts dataset.
7,800 active enterprises operate in this area. The business base has grown by 3.5% over three years. 82.8% of enterprises have fewer than 5 employees.
Source: UK Business Counts via Nomis, 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.
Source: HM Land Registry, Census 2021, 2015-2025·Last updated March 2026
Place & Deprivation
Index of Multiple Deprivation 2019. Hertsmere is ranked 224 out of 317 local authorities (1 = most deprived).
Ranked 224th of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Barriers to Housing & Services (ranked 48th), while Living Environment ranks comparatively better (245th).
Source: MHCLG English Indices of Deprivation, 2019·Last updated 2019
Impact Calculator
Estimate the economic impact of investment or job creation in Hertsmere using regional input-output multipliers.
Source: Derived from ONS Supply-Use Tables, regionalized via SLQ, 2019·Last updated March 2026