Melton

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

Melton supports 23,725 workplace jobs with median earnings 19% below the England average. The claimant rate (2.9%) is lower than the England average of 4.1%.

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Workplace Jobs

23,725

Claimant Rate

2.9%

England: 4.1%

Median Annual Earnings

£26,633

345th of 348

England: £33,080

Median House Price

£221,807

1.8%

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£62,200

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 Melton's economy.

The most specialised sectors are Manufacturing (LQ 4.13) and Agriculture, forestry & fishing (LQ 3.55). Manufacturing shows the strongest local competitive advantage. Education underperforms its national sectoral trend.

Largest Sector

Manufacturing

Most Specialised

Manufacturing

England: LQ 4.13

Fastest Growing

Manufacturing

Specialised Sectors

3

England: LQ > 1.25

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

Economic Output

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

Total GVA

£1.5bn

GVA per Job

£62,200

England: £63,763

Productivity Rank

120

120th of 391

Top GVA Sector

Manufacturing

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 £26,633 are significantly below the England median of £33,080.

Median Annual

£26,633

England: £33,080

10th Percentile

£11,862

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 51,752 with 60.6% of working age. The dependency ratio is 65% (above average, indicating a relatively older or younger population).

Population

51,752

Working-Age %

60.6%

Dependency Ratio

65%

Working-Age Pop.

31,362

Source: Census 2021, ONS·Last updated 2021

Commuting & Travel to Work

Census 2021 method of travel to work for Melton residents.

28.5% of residents work from home. The most common commute method is driving a car or van (54.4%).

Total Commuters

25,465

Work from Home

28.5%

Source: Census 2021 TS061, ONS·Last updated 2021

Business Environment

Active enterprises in Melton from the UK Business Counts dataset.

2,555 active enterprises operate in this area. The business base has grown by 1.6% over three years. 79.6% of enterprises have fewer than 5 employees.

Active Enterprises

2,555

3-Year Growth

1.6%

1.6%

Share of England

0.1%

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

Housing & Property Market

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

The median house price of £221,807 is significantly 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

£221,807

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. Melton is ranked 248 out of 317 local authorities (1 = most deprived).

Ranked 248th of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Barriers to Housing & Services (ranked 125th), while Income ranks comparatively better (262nd).

IMD Rank

248 / 317

IMD Score

12.5

Deprivation Percentile

22th

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

Impact Calculator

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

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