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.

Population

196,678

5.6%

England: 58,620,101

Workplace Jobs

80,850

Median Annual Earnings

£46,594

4th of 348

England: £33,080

Median House Price

£388,049

1.8%4th of 348

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£63,155

90th 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 196,678. Population has grown by 5.6% over five years, significantly below the England rate of 11.4%.

Population

196,678

England: 58,620,101

Working-Age (16-64)

63.2%

England: 62.9%

Under 16

19.8%

Over 65

17.0%

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

Earnings & Income

Gross annual earnings distribution, 2025.

Median annual earnings of £46,594 are significantly above the England median of £33,080.

Median Annual

£46,594

England: £33,080

10th Percentile

N/A

90th Percentile

N/A

90/10 Ratio

N/A

Gender Pay Gap

The gender pay gap is 27.8% (male median £55,342, female median £39,975).

Gender Pay Gap

27.8%

England: 28.2%

Source: ASHE via Nomis, 2025·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.

Largest Sector

Professional, scientific & technical

Most Specialised

Arts, entertainment & recreation

England: LQ 3.15

Fastest Growing

Administrative & support services

Specialised Sectors

7

England: LQ > 1.25

Source: BRES via Nomis, 2020-2024·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.

Median Price

£388,049

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 Richmond upon Thames to England and Great Britain averages.

Richmond upon Thames's median earnings of £46,594 are 42% significantly above the England average of £32,909. House prices are 42% significantly above the England median. The claimant rate of 2.5% is lower than the GB average of 3.5%.

Median earnings

£46,594

England: £32,909(42% above)
GB: £32,401(44% above)

Median house price

£388,049

England: £274,076(42% above)
GB: £269,841(44% above)

Claimant rate

2.5%

England: 3.6%(1.1pp lower)
GB: 3.5%(1pp lower)

GVA per job

£63,155

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

Working-age population

63.2%

England: 62.1%(1.1pp higher)
GB: 61.9%(1.3pp higher)

Population change (5yr)

5.6%

England: 11.5%(5.9pp lower)
GB: 10.3%(4.7pp lower)

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