Ipswich

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

Ipswich supports 72,905 workplace jobs with median earnings 7% below the England average. The claimant rate (4.6%) is higher than the England average of 4.1%.

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Workplace Jobs

72,905

Claimant Rate

4.6%

England: 4.1%

Median Annual Earnings

£30,928

226th of 348

England: £33,080

Median House Price

£257,578

1.8%

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£64,079

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 Ipswich's economy.

The most specialised sectors are Electricity, gas & air conditioning (LQ 5.69) and Public administration & defence (LQ 1.82). Arts, entertainment & recreation shows the strongest local competitive advantage. Financial & insurance underperforms its national sectoral trend.

Largest Sector

Human health & social work

Most Specialised

Electricity, gas & air conditioning

England: LQ 5.69

Fastest Growing

Arts, entertainment & recreation

Specialised Sectors

6

England: LQ > 1.25

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

Economic Output

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

Total GVA

£4.7bn

GVA per Job

£64,079

England: £63,763

Productivity Rank

69

69th of 391

Top GVA Sector

Real estate

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 £30,928 are below the England median of £33,080.

Median Annual

£30,928

England: £33,080

10th Percentile

£10,486

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 139,642 with 64.8% of working age. The dependency ratio is 54.4%.

Population

139,642

Working-Age %

64.8%

Dependency Ratio

54.4%

Working-Age Pop.

90,459

Source: Census 2021, ONS·Last updated 2021

Commuting & Travel to Work

Census 2021 method of travel to work for Ipswich residents.

24.9% of residents work from home (below the national average). The most common commute method is driving a car or van (47.9%).

Total Commuters

67,028

Work from Home

24.9%

Source: Census 2021 TS061, ONS·Last updated 2021

Business Environment

Active enterprises in Ipswich from the UK Business Counts dataset.

4,650 active enterprises operate in this area. The business base has declined by 1.2% over three years. 76.1% of enterprises have fewer than 5 employees.

Active Enterprises

4,650

3-Year Growth

-1.2%

1.2%

Share of England

0.2%

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

Housing & Property Market

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

The median house price of £257,578 is 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

£257,578

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. Ipswich is ranked 71 out of 317 local authorities (1 = most deprived).

Ranked 71st of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Education, Skills & Training (ranked 35th), while Barriers to Housing & Services ranks comparatively better (203rd).

IMD Rank

71 / 317

IMD Score

25.9

Deprivation Percentile

78th

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

Impact Calculator

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

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