OverviewDemographicsEarningsIndustryHousing

Ipswich

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

Ipswich supports 72,905 workplace jobs with median earnings 7% below the England average.

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Population

140,274

↑ 6.5%

England: 58,620,101

Workplace Jobs

72,905

Median Annual Earnings

£30,928

226th of 348

England: £33,080

Median House Price

£257,578

↑ 1.8%226th of 348

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£64,079

69th 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 140,274. Population has grown by 6.5% over five years, significantly below the England rate of 11.4%.

Population

140,274

England: 58,620,101

Working-Age (16-64)

62.6%

England: 62.9%

Under 16

20.3%

Over 65

17.1%

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

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

Gender Pay Gap

The gender pay gap is 29.3% (male median £37,080, female median £26,217).

Gender Pay Gap

29.3%

England: 28.2%

Source: ASHE via Nomis, 2025·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

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

Benchmark to national figures

Comparing Ipswich to England and Great Britain averages.

Ipswich's median earnings of £30,928 are 6% below the England average of £32,909. House prices are 6% below the England median. The claimant rate of 4.6% is higher than the GB average of 3.5%.

Median earnings

£30,928

England: £32,909(6% below)
GB: £32,401(5% below)

Median house price

£257,578

England: £274,076(6% below)
GB: £269,841(5% below)

Claimant rate

4.6%

England: 3.6%(1pp higher)
GB: 3.5%(1.1pp higher)

GVA per job

£64,079

England: £61,178(5% above)
GB: £61,125(5% above)

Working-age population

62.6%

England: 62.1%(0.5pp higher)
GB: 61.9%(0.7pp higher)

Population change (5yr)

6.5%

England: 11.5%(5pp lower)
GB: 10.3%(3.8pp lower)

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