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.