Gateshead Wages, Employment and Property Affordability

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

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

Gateshead wages, employment and affordability

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

Resident population
202,760
ONS 2024
Median resident annual pay
£35,090
Gateshead
Median resident weekly pay
£675
Full-time employees
Employment rate
70.2%
Aged 16-64
Unemployment rate
7.3%
Economically active
House price affordability4.5x earnings

Average house price compared with resident median annual pay.

Rent affordability27% 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

Gateshead’s latest ONS/Nomis labour-market profile gives a useful picture of local earning power and household affordability context. The city had a resident population of 202,760 in 2024, so this is a sizeable local labour market rather than a small town economy.

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.