Richmondshire

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

Richmondshire supports 17,110 workplace jobs. Productivity (GVA per job) is ranked 250th of 391 local authorities.

PDF

Workplace Jobs

17,110

Claimant Rate

0.0%

England: 4.1%

Median Annual Earnings

N/A

England: £33,080

Median House Price

N/A

England: £290,000

Price-to-Earnings

N/A

GVA per Job

£58,922

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 Richmondshire's economy.

The most specialised sectors are Arts, entertainment & recreation (LQ 2.12) and Accommodation & food service (LQ 2.01). Professional, scientific & technical shows the strongest local competitive advantage. Agriculture, forestry & fishing underperforms its national sectoral trend.

Largest Sector

Wholesale & retail trade

Most Specialised

Arts, entertainment & recreation

England: LQ 2.12

Fastest Growing

Professional, scientific & technical

Specialised Sectors

6

England: LQ > 1.25

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

Economic Output

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

Total GVA

£1.0bn

GVA per Job

£58,922

England: £63,763

Productivity Rank

250

250th 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.Note: ASHE earnings data may be suppressed for areas with fewer than 30 survey respondents.

Earnings data is not available for this area (likely suppressed due to small sample size).

Median Annual

£0

England: £33,080

10th Percentile

N/A

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 49,776 with 61.4% of working age. The dependency ratio is 62.8% (above average, indicating a relatively older or younger population).

Population

49,776

Working-Age %

61.4%

Dependency Ratio

62.8%

Working-Age Pop.

30,580

Source: Census 2021, ONS·Last updated 2021

Commuting & Travel to Work

Census 2021 method of travel to work for Richmondshire residents.

27.1% of residents work from home. The most common commute method is driving a car or van (52.7%).

Total Commuters

24,679

Work from Home

27.1%

Source: Census 2021 TS061, ONS·Last updated 2021

Business Environment

Active enterprises in Richmondshire from the UK Business Counts dataset.

2,740 active enterprises operate in this area. The business base has declined by 2.0% over three years. 78.2% of enterprises have fewer than 5 employees.

Active Enterprises

2,740

3-Year Growth

-2.0%

2.0%

Share of England

0.1%

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

Housing & Property Market

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

House price data is not available for this area.

Median Price

£0

England: £290,000

Price-to-Earnings

N/A

12-Month Change

N/A

Source: HM Land Registry, Census 2021, 2015-2025·Last updated March 2026

Place & Deprivation

Index of Multiple Deprivation 2019. Richmondshire is ranked 251 out of 317 local authorities (1 = most deprived).

Ranked 251st of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Barriers to Housing & Services (ranked 49th), while Crime ranks comparatively better (315th).

IMD Rank

251 / 317

IMD Score

12.1

Deprivation Percentile

21th

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

Impact Calculator

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

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