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. The claimant rate (2.5%) is lower than the England average of 4.1%.

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Workplace Jobs

69,920

Claimant Rate

2.5%

England: 4.1%

Median Annual Earnings

£31,344

215th of 348

England: £33,080

Median House Price

£261,042

1.8%

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£61,073

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 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

Economic Output

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

Total GVA

£4.3bn

GVA per Job

£61,073

England: £63,763

Productivity Rank

158

158th 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 £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

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 175,785 with 56.2% of working age. The dependency ratio is 77.8% (above average, indicating a relatively older or younger population).

Population

175,785

Working-Age %

56.2%

Dependency Ratio

77.8%

Working-Age Pop.

98,867

Source: Census 2021, ONS·Last updated 2021

Commuting & Travel to Work

Census 2021 method of travel to work for New Forest residents.

30.4% of residents work from home. The most common commute method is driving a car or van (54.4%).

Total Commuters

78,702

Work from Home

30.4%

Source: Census 2021 TS061, ONS·Last updated 2021

Business Environment

Active enterprises in New Forest from the UK Business Counts dataset.

7,820 active enterprises operate in this area. The business base has declined by 1.0% over three years. 76.4% of enterprises have fewer than 5 employees.

Active Enterprises

7,820

3-Year Growth

-1.0%

1.0%

Share of England

0.3%

Source: UK Business Counts via Nomis, 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

Place & Deprivation

Index of Multiple Deprivation 2019. New Forest is ranked 241 out of 317 local authorities (1 = most deprived).

Ranked 241st of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Barriers to Housing & Services (ranked 107th), while Living Environment ranks comparatively better (255th).

IMD Rank

241 / 317

IMD Score

13.0

Deprivation Percentile

24th

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

Impact Calculator

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

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