North West Leicestershire

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

North West Leicestershire supports 76,650 workplace jobs with median earnings broadly in line with the England average. Productivity (GVA per job) is ranked 6th of 391 local authorities.

Population

111,881

↑ 20.1%

England: 58,620,101

Workplace Jobs

76,650

Median Annual Earnings

£32,252

179th of 348

England: £33,080

Median House Price

£268,604

↑ 1.8%179th of 348

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£73,858

6th 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 111,881. Population has grown by 20.1% over five years, significantly above the England rate of 11.4%.

Population

111,881

England: 58,620,101

Working-Age (16-64)

62.3%

England: 62.9%

Under 16

17.6%

Over 65

20.1%

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

Earnings & Income

Gross annual earnings distribution, 2025.

Median annual earnings of £32,252 are in line with the England median of £33,080.

Median Annual

£32,252

England: £33,080

10th Percentile

£12,409

90th Percentile

N/A

90/10 Ratio

N/A

Gender Pay Gap

The gender pay gap is 38.0% (male median £39,658, female median £24,600). This is significantly above the England gap of 28.2%.

Gender Pay Gap

38.0%

England: 28.2%

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

Industry Structure

Location quotients and shift-share analysis for North West Leicestershire's economy.

The most specialised sectors are Mining & quarrying (LQ 32.34) and Transport & storage (LQ 4.94). Transport & storage shows the strongest local competitive advantage. Information & communication underperforms its national sectoral trend.

Largest Sector

Transport & storage

Most Specialised

Mining & quarrying

England: LQ 32.34

Fastest Growing

Transport & storage

Specialised Sectors

4

England: LQ > 1.25

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

Housing & Property Market

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

The median house price of £268,604 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

£268,604

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 North West Leicestershire to England and Great Britain averages.

North West Leicestershire's median earnings of £32,252 are in line with the England average. The claimant rate of 2.1% is lower than the GB average of 3.5%.

Median earnings

£32,252

England: £32,909(2% below)
GB: £32,401

Median house price

£268,604

England: £274,076(2% below)
GB: £269,841

Claimant rate

2.1%

England: 3.6%(1.5pp lower)
GB: 3.5%(1.4pp lower)

GVA per job

£73,858

England: £61,178(21% above)
GB: £61,125(21% above)

Working-age population

62.3%

England: 62.1%
GB: 61.9%

Population change (5yr)

20.1%

England: 11.5%(8.6pp higher)
GB: 10.3%(9.8pp higher)

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