Average house price compared with resident median annual pay.
Ipswich Wages, Employment and Property Affordability
Resident earnings, employment, unemployment and affordability context for reading Ipswich prices and rents.
Jan 2025-Dec 2025 / ASHE 2025
Ipswich wages, employment and affordability
Resident earnings and labour-market context help explain local affordability, rental pressure and housing demand.
Resident population
140,274
ONS 2024
Median resident annual pay
£35,948
Ipswich
Median resident weekly pay
£691
Full-time employees
Employment rate
74.4%
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.
Ipswich had a resident population of 140,274 in 2024. That gives useful scale for the local labour market.
It is a sizeable city, but still much smaller than the Great Britain comparator used in the ONS and Nomis data. The latest ASHE 2025 resident median weekly pay for full-time employees in Ipswich was £691.30.