Oxford

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

Oxford supports 124,040 workplace jobs with median earnings 10% above the England average. The claimant rate (2.6%) is lower than the England average of 4.1%. Productivity (GVA per job) is ranked 360th of 391 local authorities.

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Workplace Jobs

124,040

Claimant Rate

2.6%

England: 4.1%

Median Annual Earnings

£36,517

69th of 348

England: £33,080

Median House Price

£304,124

1.8%

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£54,125

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 Oxford's economy.

The most specialised sectors are Education (LQ 3.67) and Human health & social work (LQ 1.49). Education shows the strongest local competitive advantage. Construction underperforms its national sectoral trend.

Largest Sector

Education

Most Specialised

Education

England: LQ 3.67

Fastest Growing

Education

Specialised Sectors

3

England: LQ > 1.25

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

Economic Output

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

Total GVA

£6.7bn

GVA per Job

£54,125

England: £63,763

Productivity Rank

360

360th of 391

Top GVA Sector

Education

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 £36,517 are above the England median of £33,080.

Median Annual

£36,517

England: £33,080

10th Percentile

£10,821

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 162,040 with 73.7% of working age. The dependency ratio is 35.7% (below average, indicating a predominantly working-age population).

Population

162,040

Working-Age %

73.7%

Dependency Ratio

35.7%

Working-Age Pop.

119,432

Source: Census 2021, ONS·Last updated 2021

Commuting & Travel to Work

Census 2021 method of travel to work for Oxford residents.

38.8% of residents work from home. The most common commute method is driving a car or van (23.4%).

Total Commuters

73,324

Work from Home

38.8%

Source: Census 2021 TS061, ONS·Last updated 2021

Business Environment

Active enterprises in Oxford from the UK Business Counts dataset.

4,865 active enterprises operate in this area. The business base has declined by 1.0% over three years. 71.2% of enterprises have fewer than 5 employees.

Active Enterprises

4,865

3-Year Growth

-1.0%

1.0%

Share of England

0.2%

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

Housing & Property Market

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

The median house price of £304,124 is in line with 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

£304,124

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. Oxford is ranked 189 out of 317 local authorities (1 = most deprived).

Ranked 189th of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Living Environment (ranked 62nd), while Employment ranks comparatively better (254th).

IMD Rank

189 / 317

IMD Score

16.7

Deprivation Percentile

41th

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

Impact Calculator

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

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