Peterborough

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

Peterborough supports 116,520 workplace jobs with median earnings 10% below the England average. The claimant rate (5.5%) is higher than the England average of 4.1%.

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Workplace Jobs

116,520

Claimant Rate

5.5%

England: 4.1%

Median Annual Earnings

£29,828

273rd of 348

England: £33,080

Median House Price

£248,416

1.8%

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£62,768

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 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

Economic Output

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

Total GVA

£7.3bn

GVA per Job

£62,768

England: £63,763

Productivity Rank

99

99th of 391

Top GVA Sector

Real estate

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 £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

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 215,674 with 64.8% of working age. The dependency ratio is 54.4%.

Population

215,674

Working-Age %

64.8%

Dependency Ratio

54.4%

Working-Age Pop.

139,690

Source: Census 2021, ONS·Last updated 2021

Commuting & Travel to Work

Census 2021 method of travel to work for Peterborough residents.

24.5% of residents work from home (below the national average). The most common commute method is driving a car or van (48.5%).

Total Commuters

100,968

Work from Home

24.5%

Source: Census 2021 TS061, ONS·Last updated 2021

Business Environment

Active enterprises in Peterborough from the UK Business Counts dataset.

7,975 active enterprises operate in this area. The business base has declined by 1.8% over three years. 80.5% of enterprises have fewer than 5 employees.

Active Enterprises

7,975

3-Year Growth

-1.8%

1.8%

Share of England

0.3%

Source: UK Business Counts via Nomis, 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

Place & Deprivation

Index of Multiple Deprivation 2019. Peterborough is ranked 53 out of 317 local authorities (1 = most deprived).

Ranked 53rd of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Education, Skills & Training (ranked 31st), while Living Environment ranks comparatively better (172nd).

IMD Rank

53 / 317

IMD Score

27.8

Deprivation Percentile

84th

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

Impact Calculator

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

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