Brent Wages, Employment and Property Affordability

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

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

Brent wages, employment and affordability

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

Resident population
352,976
ONS 2024
Median resident annual pay
£40,882
Brent
Median resident weekly pay
£786
Full-time employees
Employment rate
76.1%
Aged 16-64
Unemployment rate
6.9%
Economically active
House price affordability13.4x earnings

Average house price compared with resident median annual pay.

Rent affordability59% 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

Brent’s labour market profile for Jan 2025 to Dec 2025, using ONS Annual Population Survey data shown by Nomis and ASHE resident earnings, points to a large and active local workforce. The borough’s resident population was 352,976 in 2024.

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.