Bexley Wages, Employment and Property Affordability

Resident earnings, employment, unemployment and affordability context for reading Bexley prices and rents.

Last updated 5 Jul 2026HPI April 2026Rents May 2026Sold prices April 2026
Jan 2025-Dec 2025 / ASHE 2025

Bexley wages, employment and affordability

Resident earnings and labour-market context help explain local affordability, rental pressure and housing demand.

Resident population
256,434
ONS 2024
Median resident annual pay
£46,233
Bexley
Median resident weekly pay
£889
Full-time employees
Employment rate
79.2%
Aged 16-64
Unemployment rate
5.1%
Economically active
House price affordability8.8x earnings

Average house price compared with resident median annual pay.

Rent affordability40% of monthly earnings

Average monthly rent compared with estimated monthly earnings.

Labour market rates are from the ONS Annual Population Survey profile shown by Nomis. Where the local APS unemployment value is suppressed, the ONS model-based unemployment estimate is used. Earnings are ONS ASHE resident-analysis median full-time employee earnings. Annual pay is annualised from weekly pay for display context.

Wages and employment commentary · Last updated July 2026

Bexley’s latest ONS and Nomis labour market profile points to a relatively strong earnings and employment picture, compared with Great Britain overall. The borough’s resident population was 256,434 in 2024, so these figures cover a sizeable local base of working-age residents and households.

Incomes Explain Affordability Pressure

Wage and employment data does not predict house prices by itself. It gives demand-side context: how average prices and rents compare with resident earnings, whether employment conditions support demand, and where affordability pressure may limit the buyer or renter pool.