Bristol Wages, Employment and Property Affordability

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

Last updated 19 Aug 2026HPI June 2026Rents July 2026Sold prices May 2026
Apr 2025-Mar 2026 / ASHE 2026

Bristol wages, employment and affordability

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

Resident population
495,260
ONS 2025
Median resident annual pay
£40,586
Bristol
Median resident weekly pay
£781
Full-time employees
Employment rate
79.8%
Aged 16-64
Unemployment rate
4.7%
Economically active
House price affordability8.8x earnings

Average house price compared with resident median annual pay.

Rent affordability56% 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 August 2026

Bristol’s latest ONS/Nomis labour-market profile points to a large and relatively well-paid city. The resident population is 495,260, so this is a sizeable urban labour market with a broad mix of jobs and households.

On earnings, Bristol stands above the Great Britain benchmark. Resident median weekly pay is £780.50, compared with £766.60 across Great Britain.

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.