Merthyr Tydfil

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

Merthyr Tydfil supports 23,180 workplace jobs with median earnings broadly in line with the England average. Productivity (GVA per job) is ranked 297th of 391 local authorities.

Population

58,972

0.8%

England: 58,620,101

Workplace Jobs

23,180

Median Annual Earnings

£31,504

206th of 348

England: £33,080

Median House Price

£262,375

1.8%206th of 348

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£57,433

297th 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 58,972. Population has grown by 0.8% over five years, significantly below the England rate of 11.4%.

Population

58,972

England: 58,620,101

Working-Age (16-64)

61.6%

England: 62.9%

Under 16

18.8%

Over 65

19.6%

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

Earnings & Income

Gross annual earnings distribution, 2025.

Median annual earnings of £31,504 are in line with the England median of £33,080.

Median Annual

£31,504

England: £33,080

10th Percentile

N/A

90th Percentile

N/A

90/10 Ratio

N/A

Gender Pay Gap

The gender pay gap is 26.2% (male median £37,299, female median £27,524). This is below the England gap of 28.2%.

Gender Pay Gap

26.2%

England: 28.2%

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

Industry Structure

Location quotients and shift-share analysis for Merthyr Tydfil's economy.

The most specialised sectors are Human health & social work (LQ 1.88) and Manufacturing (LQ 1.73). Wholesale & retail trade shows the strongest local competitive advantage. Human health & social work underperforms its national sectoral trend.

Largest Sector

Human health & social work

Most Specialised

Human health & social work

England: LQ 1.88

Fastest Growing

Wholesale & retail trade

Specialised Sectors

5

England: LQ > 1.25

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

Housing & Property Market

Estimated house prices for Merthyr Tydfil vs England, 2015-2025.

The median house price of £262,375 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

£262,375

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 Merthyr Tydfil to Wales and Great Britain averages.

Merthyr Tydfil's median earnings of £31,504 are in line with the Wales average. The claimant rate is in line with the GB average.

Median earnings

£31,504

Wales: £30,754(2% above)
GB: £32,401(3% below)

Median house price

£262,375

Wales: £256,129(2% above)
GB: £269,841(3% below)

Claimant rate

3.4%

Wales: 3.4%
GB: 3.5%

GVA per job

£57,433

Wales: £60,032(4% below)
GB: £61,125(6% below)

Working-age population

61.6%

Wales: 60.2%(1.4pp higher)
GB: 61.9%

Population change (5yr)

0.8%

Wales: 3.4%(2.6pp lower)
GB: 10.3%(9.5pp lower)

Country averages computed from local authority-level data (Wales: 22 LAs, GB: 348 LAs). May differ slightly from official published national statistics.