New Forest

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

New Forest supports 69,920 workplace jobs with median earnings 5% below the England average.

Population

176,116

0.1%

England: 58,620,101

Workplace Jobs

69,920

Median Annual Earnings

£31,344

215th of 348

England: £33,080

Median House Price

£261,042

1.8%215th of 348

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£61,073

158th 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 176,116. Population has declined by 0.1% over five years, significantly below the England rate of 11.4%. Working-age population (54.4%) is below the England average.

Population

176,116

England: 58,620,101

Working-Age (16-64)

54.4%

England: 62.9%

Under 16

14.9%

Over 65

30.7%

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

Earnings & Income

Gross annual earnings distribution, 2025.

Median annual earnings of £31,344 are below the England median of £33,080.

Median Annual

£31,344

England: £33,080

10th Percentile

£10,893

90th Percentile

N/A

90/10 Ratio

N/A

Gender Pay Gap

The gender pay gap is 42.7% (male median £41,057, female median £23,536). This is significantly above the England gap of 28.2%.

Gender Pay Gap

42.7%

England: 28.2%

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

Industry Structure

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

The most specialised sectors are Mining & quarrying (LQ 4.36) and Agriculture, forestry & fishing (LQ 2.40). Wholesale & retail trade shows the strongest local competitive advantage. Construction underperforms its national sectoral trend.

Largest Sector

Wholesale & retail trade

Most Specialised

Mining & quarrying

England: LQ 4.36

Fastest Growing

Wholesale & retail trade

Specialised Sectors

6

England: LQ > 1.25

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

Housing & Property Market

Estimated house prices for New Forest vs England, 2015-2025.

The median house price of £261,042 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

£261,042

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 New Forest to England and Great Britain averages.

New Forest's median earnings of £31,344 are in line with the England average. The claimant rate of 2.5% is lower than the GB average of 3.5%.

Median earnings

£31,344

England: £32,909(5% below)
GB: £32,401(3% below)

Median house price

£261,042

England: £274,076(5% below)
GB: £269,841(3% below)

Claimant rate

2.5%

England: 3.6%(1.1pp lower)
GB: 3.5%(1pp lower)

GVA per job

£61,073

England: £61,178
GB: £61,125

Working-age population

54.4%

England: 62.1%(7.7pp lower)
GB: 61.9%(7.5pp lower)

Population change (5yr)

-0.1%

England: 11.5%(11.6pp lower)
GB: 10.3%(10.4pp lower)

Country averages computed from local authority-level data (England: 294 LAs, GB: 348 LAs). May differ slightly from official published national statistics.