Oxford

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

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

Population

166,034

12.3%

England: 58,620,101

Workplace Jobs

124,040

Median Annual Earnings

£36,517

69th of 348

England: £33,080

Median House Price

£304,124

1.8%69th of 348

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£54,125

360th 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 166,034. Population has grown by 12.3% over five years, above the England rate of 11.4%. Working-age population (72.4%) is significantly above the England average.

Population

166,034

England: 58,620,101

Working-Age (16-64)

72.4%

England: 62.9%

Under 16

15.5%

Over 65

12.1%

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

Earnings & Income

Gross annual earnings distribution, 2025.

Median annual earnings of £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

Gender Pay Gap

The gender pay gap is 27.6% (male median £41,801, female median £30,272).

Gender Pay Gap

27.6%

England: 28.2%

Source: ASHE via Nomis, 2025·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

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

Benchmark to national figures

Comparing Oxford to England and Great Britain averages.

Oxford's median earnings of £36,517 are 11% above the England average of £32,909. House prices are 11% above the England median. The claimant rate of 2.6% is lower than the GB average of 3.5%.

Median earnings

£36,517

England: £32,909(11% above)
GB: £32,401(13% above)

Median house price

£304,124

England: £274,076(11% above)
GB: £269,841(13% above)

Claimant rate

2.6%

England: 3.6%(1pp lower)
GB: 3.5%(0.9pp lower)

GVA per job

£54,125

England: £61,178(12% below)
GB: £61,125(11% below)

Working-age population

72.4%

England: 62.1%(10.3pp higher)
GB: 61.9%(10.5pp higher)

Population change (5yr)

12.3%

England: 11.5%(0.8pp higher)
GB: 10.3%(2pp higher)

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