Merton

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

Merton supports 78,050 workplace jobs with median earnings 32% above the England average. The claimant rate (4.6%) is higher than the England average of 4.1%.

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Workplace Jobs

78,050

Claimant Rate

4.6%

England: 4.1%

Median Annual Earnings

£43,507

13th of 348

England: £33,080

Median House Price

£362,339

1.8%

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£62,346

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 Merton's economy.

The most specialised sectors are Other service activities (LQ 1.63) and Arts, entertainment & recreation (LQ 1.38). Information & communication shows the strongest local competitive advantage. Accommodation & food service underperforms its national sectoral trend.

Largest Sector

Wholesale & retail trade

Most Specialised

Other service activities

England: LQ 1.63

Fastest Growing

Information & communication

Specialised Sectors

5

England: LQ > 1.25

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

Economic Output

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

Total GVA

£4.9bn

GVA per Job

£62,346

England: £63,763

Productivity Rank

114

114th 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 £43,507 are significantly above the England median of £33,080.

Median Annual

£43,507

England: £33,080

10th Percentile

£15,765

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 215,187 with 68.8% of working age. The dependency ratio is 45.3%.

Population

215,187

Working-Age %

68.8%

Dependency Ratio

45.3%

Working-Age Pop.

148,115

Source: Census 2021, ONS·Last updated 2021

Commuting & Travel to Work

Census 2021 method of travel to work for Merton residents.

43.2% of residents work from home (well above the national average). The most common commute method is driving a car or van (20.2%).

Total Commuters

112,065

Work from Home

43.2%

Source: Census 2021 TS061, ONS·Last updated 2021

Business Environment

Active enterprises in Merton from the UK Business Counts dataset.

11,035 active enterprises operate in this area. 85.2% of enterprises have fewer than 5 employees.

Active Enterprises

11,035

3-Year Growth

0.0%

-

Share of England

0.5%

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

Housing & Property Market

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

The median house price of £362,339 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

£362,339

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. Merton is ranked 214 out of 317 local authorities (1 = most deprived).

Ranked 214th of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Living Environment (ranked 38th), while Education, Skills & Training ranks comparatively better (288th).

IMD Rank

214 / 317

IMD Score

14.7

Deprivation Percentile

33th

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

Impact Calculator

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

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