Waverley

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

Waverley supports 49,580 workplace jobs with median earnings 28% above the England average. The claimant rate (2.0%) is lower than the England average of 4.1%.

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Workplace Jobs

49,580

Claimant Rate

2.0%

England: 4.1%

Median Annual Earnings

£42,326

21st of 348

England: £33,080

Median House Price

£352,503

1.8%

England: £290,000

Price-to-Earnings

8.3x

GVA per Job

£61,608

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 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

Economic Output

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

Total GVA

£3.1bn

GVA per Job

£61,608

England: £63,763

Productivity Rank

138

138th 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.

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

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 128,227 with 60.3% of working age. The dependency ratio is 65.8% (above average, indicating a relatively older or younger population).

Population

128,227

Working-Age %

60.3%

Dependency Ratio

65.8%

Working-Age Pop.

77,324

Source: Census 2021, ONS·Last updated 2021

Commuting & Travel to Work

Census 2021 method of travel to work for Waverley residents.

47.6% of residents work from home (well above the national average). The most common commute method is driving a car or van (38.4%).

Total Commuters

60,722

Work from Home

47.6%

Source: Census 2021 TS061, ONS·Last updated 2021

Business Environment

Active enterprises in Waverley from the UK Business Counts dataset.

7,535 active enterprises operate in this area. The business base has declined by 6.5% over three years. 81.5% of enterprises have fewer than 5 employees.

Active Enterprises

7,535

3-Year Growth

-6.5%

6.5%

Share of England

0.3%

Source: UK Business Counts via Nomis, 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

Place & Deprivation

Index of Multiple Deprivation 2019. Waverley is ranked 313 out of 317 local authorities (1 = most deprived).

Ranked 313th of 317 local authorities on the IMD (1 = most deprived). The most challenging domain is Barriers to Housing & Services (ranked 207th), while Income ranks comparatively better (307th).

IMD Rank

313 / 317

IMD Score

7.5

Deprivation Percentile

2th

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

Impact Calculator

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

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