Newport

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

Newport supports 76,535 workplace jobs with median earnings broadly in line with the England average.

Population

167,899

15.9%

England: 58,620,101

Workplace Jobs

76,535

Median Annual Earnings

£31,495

207th of 348

England: £33,080

Median House Price

£262,300

1.8%207th of 348

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£64,766

57th 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 167,899. Population has grown by 15.9% over five years, significantly above the England rate of 11.4%.

Population

167,899

England: 58,620,101

Working-Age (16-64)

62.9%

England: 62.9%

Under 16

20.2%

Over 65

16.8%

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

Earnings & Income

Gross annual earnings distribution, 2025.

Median annual earnings of £31,495 are in line with the England median of £33,080.

Median Annual

£31,495

England: £33,080

10th Percentile

£10,931

90th Percentile

N/A

90/10 Ratio

N/A

Gender Pay Gap

The gender pay gap is 25.2% (male median £35,731, female median £26,731). This is below the England gap of 28.2%.

Gender Pay Gap

25.2%

England: 28.2%

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

Industry Structure

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

The most specialised sectors are Electricity, gas & air conditioning (LQ 2.17) and Water supply & waste management (LQ 1.74). Information & communication shows the strongest local competitive advantage. Administrative & support services underperforms its national sectoral trend.

Largest Sector

Human health & social work

Most Specialised

Electricity, gas & air conditioning

England: LQ 2.17

Fastest Growing

Information & communication

Specialised Sectors

6

England: LQ > 1.25

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

Housing & Property Market

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

The median house price of £262,300 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

£262,300

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 Newport to Wales and Great Britain averages.

Newport's median earnings of £31,495 are in line with the Wales average. The claimant rate of 4.5% is higher than the GB average of 3.5%.

Median earnings

£31,495

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

Median house price

£262,300

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

Claimant rate

4.5%

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

GVA per job

£64,766

Wales: £60,032(8% above)
GB: £61,125(6% above)

Working-age population

62.9%

Wales: 60.2%(2.7pp higher)
GB: 61.9%(1pp higher)

Population change (5yr)

15.9%

Wales: 3.4%(12.5pp higher)
GB: 10.3%(5.6pp higher)

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