Medway

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

Medway supports 97,245 workplace jobs with median earnings broadly in line with the England average.

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Workplace Jobs

97,245

Claimant Rate

4.3%

England: 4.1%

Median Annual Earnings

£33,857

125th of 348

England: £33,080

Median House Price

£281,971

1.8%

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£61,453

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 Medway's economy.

The most specialised sectors are Water supply & waste management (LQ 1.79) and Construction (LQ 1.53). Administrative & support services shows the strongest local competitive advantage. Education underperforms its national sectoral trend.

Largest Sector

Human health & social work

Most Specialised

Water supply & waste management

England: LQ 1.79

Fastest Growing

Administrative & support services

Specialised Sectors

4

England: LQ > 1.25

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

Economic Output

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

Total GVA

£6.0bn

GVA per Job

£61,453

England: £63,763

Productivity Rank

144

144th 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 £33,857 are in line with the England median of £33,080.

Median Annual

£33,857

England: £33,080

10th Percentile

£12,222

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 279,776 with 64.4% of working age. The dependency ratio is 55.4%.

Population

279,776

Working-Age %

64.4%

Dependency Ratio

55.4%

Working-Age Pop.

180,055

Source: Census 2021, ONS·Last updated 2021

Commuting & Travel to Work

Census 2021 method of travel to work for Medway residents.

26% of residents work from home. The most common commute method is driving a car or van (52.4%).

Total Commuters

132,606

Work from Home

26.0%

Source: Census 2021 TS061, ONS·Last updated 2021

Business Environment

Active enterprises in Medway from the UK Business Counts dataset.

9,060 active enterprises operate in this area. The business base has grown by 2.8% over three years. 80.8% of enterprises have fewer than 5 employees.

Active Enterprises

9,060

3-Year Growth

2.8%

2.8%

Share of England

0.4%

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

Housing & Property Market

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

The median house price of £281,971 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

£281,971

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. Medway is ranked 98 out of 317 local authorities (1 = most deprived).

Ranked 98th of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Crime (ranked 33rd), while Barriers to Housing & Services ranks comparatively better (200th).

IMD Rank

98 / 317

IMD Score

23.9

Deprivation Percentile

69th

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

Impact Calculator

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

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