Oadby and Wigston

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

Oadby and Wigston supports 18,345 workplace jobs with median earnings 14% below the England average. The claimant rate (3.0%) is lower than the England average of 4.1%.

PDF

Workplace Jobs

18,345

Claimant Rate

3.0%

England: 4.1%

Median Annual Earnings

£28,368

324th of 348

England: £33,080

Median House Price

£236,257

1.8%

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£61,054

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 Oadby and Wigston's economy.

The most specialised sectors are Manufacturing (LQ 1.86) and Wholesale & retail trade (LQ 1.31). Construction shows the strongest local competitive advantage. Education underperforms its national sectoral trend.

Largest Sector

Wholesale & retail trade

Most Specialised

Manufacturing

England: LQ 1.86

Fastest Growing

Construction

Specialised Sectors

4

England: LQ > 1.25

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

Economic Output

Estimated Gross Value Added for Oadby and Wigston, derived from sector employment and national productivity ratios.

Total GVA

£1.1bn

GVA per Job

£61,054

England: £63,763

Productivity Rank

162

162nd 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 £28,368 are below the England median of £33,080.

Median Annual

£28,368

England: £33,080

10th Percentile

£10,438

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 57,747 with 61.6% of working age. The dependency ratio is 62.2% (above average, indicating a relatively older or younger population).

Population

57,747

Working-Age %

61.6%

Dependency Ratio

62.2%

Working-Age Pop.

35,595

Source: Census 2021, ONS·Last updated 2021

Commuting & Travel to Work

Census 2021 method of travel to work for Oadby and Wigston residents.

28.8% of residents work from home. The most common commute method is driving a car or van (53.9%).

Total Commuters

25,986

Work from Home

28.8%

Source: Census 2021 TS061, ONS·Last updated 2021

Business Environment

Active enterprises in Oadby and Wigston from the UK Business Counts dataset.

2,125 active enterprises operate in this area. The business base has grown by 1.7% over three years. 80.2% of enterprises have fewer than 5 employees.

Active Enterprises

2,125

3-Year Growth

1.7%

1.7%

Share of England

0.1%

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

Housing & Property Market

Estimated house prices for Oadby and Wigston vs England, 2015-2025.

The median house price of £236,257 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

£236,257

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. Oadby and Wigston is ranked 249 out of 317 local authorities (1 = most deprived).

Ranked 249th of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Health & Disability (ranked 170th), while Living Environment ranks comparatively better (296th).

IMD Rank

249 / 317

IMD Score

13.0

Deprivation Percentile

22th

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

Impact Calculator

Estimate the economic impact of investment or job creation in Oadby and Wigston using regional input-output multipliers.

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