Waverley

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

Waverley supports 49,580 workplace jobs with median earnings 28% above the England average.

Population

134,284

11.0%

England: 58,620,101

Workplace Jobs

49,580

Median Annual Earnings

£42,326

21st of 348

England: £33,080

Median House Price

£352,503

1.8%21st of 348

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£61,608

138th 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 134,284. Population has grown by 11.0% over five years. Working-age population (58.9%) is below the England average.

Population

134,284

England: 58,620,101

Working-Age (16-64)

58.9%

England: 62.9%

Under 16

19.0%

Over 65

22.1%

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

Earnings & Income

Gross annual earnings distribution, 2025.

Median annual earnings of £42,326 are significantly above the England median of £33,080.

Median Annual

£42,326

England: £33,080

10th Percentile

N/A

90th Percentile

N/A

90/10 Ratio

N/A

Gender Pay Gap

The gender pay gap is 40.1% (male median £51,791, female median £31,020). This is significantly above the England gap of 28.2%.

Gender Pay Gap

40.1%

England: 28.2%

Source: ASHE via Nomis, 2025·Last updated March 2026

Industry Structure

Location quotients and shift-share analysis for Waverley's economy.

The most specialised sectors are Education (LQ 1.88) and Arts, entertainment & recreation (LQ 1.63). Accommodation & food service shows the strongest local competitive advantage. Human health & social work underperforms its national sectoral trend.

Largest Sector

Education

Most Specialised

Education

England: LQ 1.88

Fastest Growing

Accommodation & food service

Specialised Sectors

6

England: LQ > 1.25

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

Housing & Property Market

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

The median house price of £352,503 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

£352,503

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 Waverley to England and Great Britain averages.

Waverley's median earnings of £42,326 are 29% significantly above the England average of £32,909. House prices are 29% significantly above the England median. The claimant rate of 2.0% is lower than the GB average of 3.5%.

Median earnings

£42,326

England: £32,909(29% above)
GB: £32,401(31% above)

Median house price

£352,503

England: £274,076(29% above)
GB: £269,841(31% above)

Claimant rate

2.0%

England: 3.6%(1.6pp lower)
GB: 3.5%(1.5pp lower)

GVA per job

£61,608

England: £61,178
GB: £61,125

Working-age population

58.9%

England: 62.1%(3.2pp lower)
GB: 61.9%(3pp lower)

Population change (5yr)

11.0%

England: 11.5%(0.5pp lower)
GB: 10.3%(0.7pp higher)

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