Average house price compared with resident median annual pay.
Erewash Wages, Employment and Property Affordability
Resident earnings, employment, unemployment and affordability context for reading Erewash prices and rents.
Jan 2025-Dec 2025 / ASHE 2025
Erewash wages, employment and affordability
Resident earnings and labour-market context help explain local affordability, rental pressure and housing demand.
Resident population
114,253
ONS 2024
Median resident annual pay
£37,648
Erewash
Median resident weekly pay
£724
Full-time employees
Employment rate
82.1%
Aged 16-64
Unemployment rate
4.1%
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.
Erewash has a resident population of 114,253, based on the 2024 estimate used alongside the latest labour-market and earnings release. That gives useful local context for reading the ONS and Nomis figures, because the area is large enough for a broad labour market, but still small enough for local differences to matter.