OverviewDemographicsEarningsIndustryHousing

Monmouthshire

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

Monmouthshire supports 35,940 workplace jobs with median earnings 6% above the England average.

PDF

Population

94,930

↑ 4.3%

England: 58,620,101

Workplace Jobs

35,940

Median Annual Earnings

£35,020

102nd of 348

England: £33,080

Median House Price

£291,657

↑ 1.8%102nd of 348

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£60,599

178th 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 94,930. Population has grown by 4.3% over five years, significantly below the England rate of 11.4%. Working-age population (57.8%) is below the England average.

Population

94,930

England: 58,620,101

Working-Age (16-64)

57.8%

England: 62.9%

Under 16

15.6%

Over 65

26.6%

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

Earnings & Income

Gross annual earnings distribution, 2025.

Median annual earnings of £35,020 are above the England median of £33,080.

Median Annual

£35,020

England: £33,080

10th Percentile

£13,484

90th Percentile

N/A

90/10 Ratio

N/A

Gender Pay Gap

The gender pay gap is 22.2% (male median £38,729, female median £30,117). This is significantly below the England gap of 28.2%.

Gender Pay Gap

22.2%

England: 28.2%

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

Industry Structure

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

The most specialised sectors are Agriculture, forestry & fishing (LQ 3.68) and Public administration & defence (LQ 1.85). Wholesale & retail trade shows the strongest local competitive advantage. Construction underperforms its national sectoral trend.

Largest Sector

Human health & social work

Most Specialised

Agriculture, forestry & fishing

England: LQ 3.68

Fastest Growing

Wholesale & retail trade

Specialised Sectors

4

England: LQ > 1.25

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

Housing & Property Market

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

The median house price of £291,657 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

£291,657

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 Monmouthshire to Wales and Great Britain averages.

Monmouthshire's median earnings of £35,020 are 14% above the Wales average of £30,754. House prices are 14% above the Wales median. The claimant rate of 2.4% is lower than the GB average of 3.5%.

Median earnings

£35,020

Wales: £30,754(14% above)
GB: £32,401(8% above)

Median house price

£291,657

Wales: £256,129(14% above)
GB: £269,841(8% above)

Claimant rate

2.4%

Wales: 3.4%(1pp lower)
GB: 3.5%(1.1pp lower)

GVA per job

£60,599

Wales: £60,032
GB: £61,125

Working-age population

57.8%

Wales: 60.2%(2.4pp lower)
GB: 61.9%(4.1pp lower)

Population change (5yr)

4.3%

Wales: 3.4%(0.9pp higher)
GB: 10.3%(6pp lower)

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