Average house price compared with resident median annual pay.
Croydon Wages, Employment and Property Affordability
Resident earnings, employment, unemployment and affordability context for reading Croydon prices and rents.
Jan 2025-Dec 2025 / ASHE 2025
Croydon wages, employment and affordability
Resident earnings and labour-market context help explain local affordability, rental pressure and housing demand.
Resident population
409,342
ONS 2024
Median resident annual pay
£44,496
Croydon
Median resident weekly pay
£856
Full-time employees
Employment rate
74.7%
Aged 16-64
Unemployment rate
5.7%
Economically active
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.
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.
Croydon’s latest ONS and Nomis labour-market profile points to a large and active local workforce. The city’s resident population was 409,342 in 2024.
That gives the pay and employment figures real scale. It also helps explain why affordability needs to be read alongside a sizeable local labour market rather than in isolation.