OverviewDemographicsEarningsIndustryHousing

Kensington and Chelsea

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

Kensington and Chelsea supports 122,775 workplace jobs with median earnings 41% above the England average.

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Population

144,518

↓ 9.9%

England: 58,620,101

Workplace Jobs

122,775

Median Annual Earnings

£46,690

3rd of 348

England: £33,080

Median House Price

£388,848

↑ 1.8%3rd of 348

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£65,730

41st 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 144,518. Population has declined by 9.9% over five years, significantly below the England rate of 11.4%. Working-age population (70.7%) is above the England average.

Population

144,518

England: 58,620,101

Working-Age (16-64)

70.7%

England: 62.9%

Under 16

13.9%

Over 65

15.4%

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

Earnings & Income

Gross annual earnings distribution, 2025.

Median annual earnings of £46,690 are significantly above the England median of £33,080.

Median Annual

£46,690

England: £33,080

10th Percentile

N/A

90th Percentile

N/A

90/10 Ratio

N/A

Gender Pay Gap

The gender pay gap is 17.8% (male median £52,893, female median £43,504). This is significantly below the England gap of 28.2%.

Gender Pay Gap

17.8%

England: 28.2%

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

Industry Structure

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

The most specialised sectors are Arts, entertainment & recreation (LQ 2.12) and Real estate (LQ 2.11). Arts, entertainment & recreation shows the strongest local competitive advantage. Information & communication underperforms its national sectoral trend.

Largest Sector

Wholesale & retail trade

Most Specialised

Arts, entertainment & recreation

England: LQ 2.12

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 Kensington and Chelsea vs England, 2015-2025.

The median house price of £388,848 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

£388,848

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 Kensington and Chelsea to England and Great Britain averages.

Kensington and Chelsea's median earnings of £46,690 are 42% significantly above the England average of £32,909. House prices are 42% significantly above the England median. The claimant rate is in line with the GB average.

Median earnings

£46,690

England: £32,909(42% above)
GB: £32,401(44% above)

Median house price

£388,848

England: £274,076(42% above)
GB: £269,841(44% above)

Claimant rate

3.5%

England: 3.6%
GB: 3.5%

GVA per job

£65,730

England: £61,178(7% above)
GB: £61,125(8% above)

Working-age population

70.7%

England: 62.1%(8.6pp higher)
GB: 61.9%(8.8pp higher)

Population change (5yr)

-9.9%

England: 11.5%(21.4pp lower)
GB: 10.3%(20.2pp lower)

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