Torfaen
Economic profile. Data last updated 2026-03-28.
Torfaen supports 36,820 workplace jobs with median earnings broadly in line with the England average.
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 94,119. Population has grown by 3.4% over five years, significantly below the England rate of 11.4%.
Source: ONS Mid-Year Population Estimates, Census 2021, 2024·Last updated March 2026
Earnings & Income
Gross annual earnings distribution, 2025.
Median annual earnings of £33,201 are in line with the England median of £33,080.
Gender Pay Gap
The gender pay gap is 25.8% (male median £38,581, female median £28,636). This is below the England gap of 28.2%.
Source: ASHE via Nomis, 2025·Last updated March 2026
Industry Structure
Location quotients and shift-share analysis for Torfaen's economy.
The most specialised sectors are Manufacturing (LQ 2.24) and Human health & social work (LQ 1.88). Human health & social work shows the strongest local competitive advantage. Public administration & defence underperforms its national sectoral trend.
Source: BRES via Nomis, 2020-2024·Last updated March 2026
Housing & Property Market
Estimated house prices for Torfaen vs England, 2015-2025.
The median house price of £276,508 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.
Source: HM Land Registry, Census 2021, 2015-2025·Last updated March 2026
Benchmark to national figures
Comparing Torfaen to Wales and Great Britain averages.
Torfaen's median earnings of £33,201 are 8% above the Wales average of £30,754. House prices are 8% above the Wales median. The claimant rate of 3.8% is higher than the GB average of 3.5%.
Country averages computed from local authority-level data (Wales: 22 LAs, GB: 348 LAs). May differ slightly from official published national statistics.