Reading

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

Reading supports 120,500 workplace jobs with median earnings 7% above the England average. The claimant rate (4.5%) is higher than the England average of 4.1%.

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Workplace Jobs

120,500

Claimant Rate

4.5%

England: 4.1%

Median Annual Earnings

£35,454

92nd of 348

England: £33,080

Median House Price

£295,271

1.8%

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£66,443

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 Reading's economy.

The most specialised sectors are Information & communication (LQ 3.71) and Electricity, gas & air conditioning (LQ 3.44). Wholesale & retail trade shows the strongest local competitive advantage. Administrative & support services underperforms its national sectoral trend.

Largest Sector

Information & communication

Most Specialised

Information & communication

England: LQ 3.71

Fastest Growing

Wholesale & retail trade

Specialised Sectors

4

England: LQ > 1.25

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

Economic Output

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

Total GVA

£8.0bn

GVA per Job

£66,443

England: £63,763

Productivity Rank

37

37th of 391

Top GVA Sector

Information & communication

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 £35,454 are above the England median of £33,080.

Median Annual

£35,454

England: £33,080

10th Percentile

£12,504

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 174,224 with 70.2% of working age. The dependency ratio is 42.5%.

Population

174,224

Working-Age %

70.2%

Dependency Ratio

42.5%

Working-Age Pop.

122,275

Source: Census 2021, ONS·Last updated 2021

Commuting & Travel to Work

Census 2021 method of travel to work for Reading residents.

39.3% of residents work from home. The most common commute method is driving a car or van (31.4%).

Total Commuters

88,866

Work from Home

39.3%

Source: Census 2021 TS061, ONS·Last updated 2021

Business Environment

Active enterprises in Reading from the UK Business Counts dataset.

6,660 active enterprises operate in this area. The business base has grown by 1.7% over three years. 77.6% of enterprises have fewer than 5 employees.

Active Enterprises

6,660

3-Year Growth

1.7%

1.7%

Share of England

0.3%

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

Housing & Property Market

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

The median house price of £295,271 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

£295,271

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. Reading is ranked 141 out of 317 local authorities (1 = most deprived).

Ranked 141st of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Barriers to Housing & Services (ranked 34th), while Employment ranks comparatively better (200th).

IMD Rank

141 / 317

IMD Score

19.6

Deprivation Percentile

56th

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

Impact Calculator

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

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