Greater London Median Salary

Resident earnings data for Greater London, shown alongside regional house prices and rents for affordability context.

Last updated 5 Jul 2026HPI April 2026Rents May 2026Sold prices April 2026
Median resident annual pay
£46,940
Feb 2026-Apr 2026 / ASHE 2025
Median resident weekly pay
£903
Full-time employees
House price to income
11.8x earnings
Average price vs annual pay
Rent to income
59% of monthly earnings
Average rent vs monthly pay
Feb 2026-Apr 2026 / ASHE 2025

Greater London wages and affordability

Resident earnings help explain how regional prices and rents compare with local pay.

Resident population
9,089,736
ONS 2024
Median resident annual pay
£46,940
Greater London
Median resident weekly pay
£903
Full-time employees
Employment rate
74.2%
Aged 16-64
Unemployment rate
6.6%
Economically active
House price affordability11.8x earnings

Average house price compared with resident median annual pay.

Rent affordability59% 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

Greater London remains a high-earning labour market by UK standards, based on the latest ONS and Nomis data. The resident median weekly pay figure is £902.70, which annualises to £46,940.

That is well above the Great Britain median of £766.60 a week, or £39,863 a year.