Portsmouth

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

Portsmouth supports 105,270 workplace jobs with median earnings 6% below the England average. The claimant rate (4.6%) is higher than the England average of 4.1%.

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Workplace Jobs

105,270

Claimant Rate

4.6%

England: 4.1%

Median Annual Earnings

£30,962

223rd of 348

England: £33,080

Median House Price

£257,861

1.8%

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£62,727

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 Portsmouth's economy.

The most specialised sectors are Electricity, gas & air conditioning (LQ 2.36) and Public administration & defence (LQ 1.68). Human health & social work shows the strongest local competitive advantage. Public administration & defence underperforms its national sectoral trend.

Largest Sector

Human health & social work

Most Specialised

Electricity, gas & air conditioning

England: LQ 2.36

Fastest Growing

Human health & social work

Specialised Sectors

3

England: LQ > 1.25

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

Economic Output

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

Total GVA

£6.6bn

GVA per Job

£62,727

England: £63,763

Productivity Rank

101

101st 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 £30,962 are below the England median of £33,080.

Median Annual

£30,962

England: £33,080

10th Percentile

£10,309

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 208,003 with 68.3% of working age. The dependency ratio is 46.3%.

Population

208,003

Working-Age %

68.3%

Dependency Ratio

46.3%

Working-Age Pop.

142,151

Source: Census 2021, ONS·Last updated 2021

Commuting & Travel to Work

Census 2021 method of travel to work for Portsmouth residents.

24.9% of residents work from home (below the national average). The most common commute method is driving a car or van (41.6%).

Total Commuters

97,787

Work from Home

24.9%

Source: Census 2021 TS061, ONS·Last updated 2021

Business Environment

Active enterprises in Portsmouth from the UK Business Counts dataset.

6,020 active enterprises operate in this area. The business base has grown by 0.2% over three years. 76.5% of enterprises have fewer than 5 employees.

Active Enterprises

6,020

3-Year Growth

0.2%

0.2%

Share of England

0.3%

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

Housing & Property Market

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

The median house price of £257,861 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

£257,861

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. Portsmouth is ranked 57 out of 317 local authorities (1 = most deprived).

Ranked 57th of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Living Environment (ranked 5th), while Employment ranks comparatively better (155th).

IMD Rank

57 / 317

IMD Score

26.9

Deprivation Percentile

82th

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

Impact Calculator

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

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