Herefordshire Wages, Employment and Property Affordability

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

Last updated 19 Aug 2026HPI June 2026Rents July 2026Sold prices May 2026
Apr 2025-Mar 2026 / ASHE 2026

Herefordshire wages, employment and affordability

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

Resident population
192,539
ONS 2025
Median resident annual pay
£37,081
Herefordshire
Median resident weekly pay
£713
Full-time employees
Employment rate
82.1%
Aged 16-64
Unemployment rate
4.9%
Economically active
House price affordability7.8x earnings

Average house price compared with resident median annual pay.

Rent affordability26% 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 August 2026

Herefordshire’s labour market profile points to a fairly strong local employment base, with a resident population of 192,539 in 2025. That population context matters.

It suggests a sizeable local workforce and household base, but not one that is large by national standards.

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.