Elmbridge Wages, Employment and Property Affordability

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

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

Elmbridge wages, employment and affordability

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

Resident population
141,926
ONS 2024
Median resident annual pay
£50,456
Elmbridge
Median resident weekly pay
£970
Full-time employees
Employment rate
76.9%
Aged 16-64
Unemployment rate
3.3%
Economically active
House price affordability14.7x earnings

Average house price compared with resident median annual pay.

Rent affordability44% 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

Elmbridge has a large resident base for a Surrey borough, with an estimated population of 141,926 in 2024. That scale matters because it points to a substantial local workforce and a broad pool of households competing for homes.

The latest ONS and Nomis labour-market profile shows a strong employment picture.

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.