North Devon

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

North Devon supports 43,745 workplace jobs with median earnings 14% below the England average. The claimant rate (3.2%) is lower than the England average of 4.1%. Productivity (GVA per job) is ranked 341st of 391 local authorities.

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Workplace Jobs

43,745

Claimant Rate

3.2%

England: 4.1%

Median Annual Earnings

£28,386

323rd of 348

England: £33,080

Median House Price

£236,407

1.8%

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£55,661

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 North Devon's economy.

The most specialised sectors are Agriculture, forestry & fishing (LQ 3.70) and Accommodation & food service (LQ 1.93). Arts, entertainment & recreation shows the strongest local competitive advantage. Administrative & support services underperforms its national sectoral trend.

Largest Sector

Human health & social work

Most Specialised

Agriculture, forestry & fishing

England: LQ 3.70

Fastest Growing

Arts, entertainment & recreation

Specialised Sectors

4

England: LQ > 1.25

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

Economic Output

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

Total GVA

£2.4bn

GVA per Job

£55,661

England: £63,763

Productivity Rank

341

341st of 391

Top GVA Sector

Manufacturing

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 £28,386 are below the England median of £33,080.

Median Annual

£28,386

England: £33,080

10th Percentile

N/A

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 98,611 with 58.6% of working age. The dependency ratio is 70.6% (above average, indicating a relatively older or younger population).

Population

98,611

Working-Age %

58.6%

Dependency Ratio

70.6%

Working-Age Pop.

57,797

Source: Census 2021, ONS·Last updated 2021

Commuting & Travel to Work

Census 2021 method of travel to work for North Devon residents.

24.3% of residents work from home (below the national average). The most common commute method is driving a car or van (52.2%).

Total Commuters

45,163

Work from Home

24.3%

Source: Census 2021 TS061, ONS·Last updated 2021

Business Environment

Active enterprises in North Devon from the UK Business Counts dataset.

5,060 active enterprises operate in this area. The business base has grown by 0.5% over three years. 78.4% of enterprises have fewer than 5 employees.

Active Enterprises

5,060

3-Year Growth

0.5%

0.5%

Share of England

0.2%

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

Housing & Property Market

Estimated house prices for North Devon vs England, 2015-2025.

The median house price of £236,407 is significantly 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

£236,407

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. North Devon is ranked 123 out of 317 local authorities (1 = most deprived).

Ranked 123rd of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Barriers to Housing & Services (ranked 61st), while Crime ranks comparatively better (269th).

IMD Rank

123 / 317

IMD Score

20.6

Deprivation Percentile

62th

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

Impact Calculator

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

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