Average house price compared with resident median annual pay.
Hackney Wages, Employment and Property Affordability
Resident earnings, employment, unemployment and affordability context for reading Hackney prices and rents.
Apr 2025-Mar 2026 / ASHE 2026
Hackney wages, employment and affordability
Resident earnings and labour-market context help explain local affordability, rental pressure and housing demand.
Resident population
266,241
ONS 2025
Median resident annual pay
£49,884
Hackney
Median resident weekly pay
£959
Full-time employees
Employment rate
78.3%
Aged 16-64
Unemployment rate
4.6%
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.
Hackney’s labour market profile points to a relatively well-paid resident base. According to ONS/Nomis data for Apr 2025 to Mar 2026, the borough’s resident median weekly pay is £959.30.
That is well above the Great Britain median of £766.60. On an annualised basis, resident median pay is £49,884, compared with £39,863 nationally.