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Local economic information

To help businesses with their relocation decisions, we have created an economic profile for Ashfield.

Economic profile

  • Working age population (aged 16 to 64): 78,000  (NOMIS, December 2022)
  • Average wages - £564 per week (7% lower than regional average of £603) (NOMIS, August 2023)
  • Unemployment - 3035 people (This equates to 3.9% of the working age population) (NOMIS, June 2023)
  • Average housing prices - £188,519 (This is 32% lower than regional average) (Varbes, August 2023)
  • Number of businesses - 4439 businesses (FAME, July 2023)
  • Number of business parks - 13 (See the commercial property page for details)
  • Number of retail shops - 700 (an approximate figure, as this changes periodically)
  • Skills most in demand include: Warehousing, Nursing, Auditing and Mental Health - we are all above the the national average in our District (Lightcast report, December 2202)
  • GDP £3.3 billion; Ashfield contributes 0.2% to the UK Economy. (Varbes, November 2022).

Major industries

  • Health 
  • Wholesale and Retail 
  • Manufacturing 
  • Construction 
  • Transport and storage 
  • Education

Contact us

If you would like further information, please get in touch with our team:

Page last updated: 8 August 2023