Peterborough

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

Peterborough supports 116,520 workplace jobs with median earnings 10% below the England average.

Population

223,655

23.0%

England: 58,620,101

Workplace Jobs

116,520

Median Annual Earnings

£29,828

273rd of 348

England: £33,080

Median House Price

£248,416

1.8%273rd of 348

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£62,768

99th 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 223,655. Population has grown by 23.0% over five years, significantly above the England rate of 11.4%.

Population

223,655

England: 58,620,101

Working-Age (16-64)

62.7%

England: 62.9%

Under 16

22.9%

Over 65

14.4%

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

Earnings & Income

Gross annual earnings distribution, 2025.

Median annual earnings of £29,828 are below the England median of £33,080.

Median Annual

£29,828

England: £33,080

10th Percentile

£10,710

90th Percentile

N/A

90/10 Ratio

N/A

Gender Pay Gap

The gender pay gap is 29.8% (male median £34,839, female median £24,445). This is above the England gap of 28.2%.

Gender Pay Gap

29.8%

England: 28.2%

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

Industry Structure

Location quotients and shift-share analysis for Peterborough's economy.

The most specialised sectors are Transport & storage (LQ 1.69) and Water supply & waste management (LQ 1.61). Manufacturing shows the strongest local competitive advantage. Financial & insurance underperforms its national sectoral trend.

Largest Sector

Wholesale & retail trade

Most Specialised

Transport & storage

England: LQ 1.69

Fastest Growing

Manufacturing

Specialised Sectors

5

England: LQ > 1.25

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

Housing & Property Market

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

The median house price of £248,416 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

£248,416

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 Peterborough to England and Great Britain averages.

Peterborough's median earnings of £29,828 are 9% below the England average of £32,909. House prices are 9% below the England median. The claimant rate of 5.5% is higher than the GB average of 3.5%.

Median earnings

£29,828

England: £32,909(9% below)
GB: £32,401(8% below)

Median house price

£248,416

England: £274,076(9% below)
GB: £269,841(8% below)

Claimant rate

5.5%

England: 3.6%(1.9pp higher)
GB: 3.5%(2pp higher)

GVA per job

£62,768

England: £61,178(3% above)
GB: £61,125(3% above)

Working-age population

62.7%

England: 62.1%(0.6pp higher)
GB: 61.9%(0.8pp higher)

Population change (5yr)

23.0%

England: 11.5%(11.5pp higher)
GB: 10.3%(12.7pp higher)

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