Richmond upon Thames
Economic profile. Data last updated 2026-03-28.
Richmond upon Thames supports 80,850 workplace jobs with median earnings 41% above the England average. The claimant rate (2.5%) is lower than the England average of 4.1%.
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 Richmond upon Thames's economy.
The most specialised sectors are Arts, entertainment & recreation (LQ 3.15) and Information & communication (LQ 1.62). Administrative & support services shows the strongest local competitive advantage. Human health & social work underperforms its national sectoral trend.
Source: BRES via Nomis, 2020-2024·Last updated March 2026
Economic Output
Estimated Gross Value Added for Richmond upon Thames, derived from sector employment and national productivity ratios.
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 £46,594 are significantly above the England median of £33,080.
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 195,279 with 64.9% of working age. The dependency ratio is 54.1%.
Source: Census 2021, ONS·Last updated 2021
Commuting & Travel to Work
Census 2021 method of travel to work for Richmond upon Thames residents.
58.8% of residents work from home (well above the national average). The most common commute method is driving a car or van (17.5%).
Source: Census 2021 TS061, ONS·Last updated 2021
Business Environment
Active enterprises in Richmond upon Thames from the UK Business Counts dataset.
12,145 active enterprises operate in this area. The business base has declined by 2.3% over three years. 84.5% of enterprises have fewer than 5 employees.
Source: UK Business Counts via Nomis, 2024·Last updated March 2026
Housing & Property Market
Estimated house prices for Richmond upon Thames vs England, 2015-2025.
The median house price of £388,049 is significantly above the England median of £290,000. The price-to-earnings ratio is 8.3x. Prices have risen 1.8% over the past year.
Source: HM Land Registry, Census 2021, 2015-2025·Last updated March 2026
Place & Deprivation
Index of Multiple Deprivation 2019. Richmond upon Thames is ranked 297 out of 317 local authorities (1 = most deprived).
Ranked 297th of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Living Environment (ranked 55th), while Education, Skills & Training ranks comparatively better (317th).
Source: MHCLG English Indices of Deprivation, 2019·Last updated 2019
Impact Calculator
Estimate the economic impact of investment or job creation in Richmond upon Thames using regional input-output multipliers.
Source: Derived from ONS Supply-Use Tables, regionalized via SLQ, 2019·Last updated March 2026