Average house price compared with resident median annual pay.
Melton Wages, Employment and Property Affordability
Resident earnings, employment, unemployment and affordability context for reading Melton prices and rents.
Apr 2025-Mar 2026 / ASHE 2026
Melton wages, employment and affordability
Resident earnings and labour-market context help explain local affordability, rental pressure and housing demand.
Resident population
54,694
ONS 2025
Median resident annual pay
£33,784
Melton
Median resident weekly pay
£650
Full-time employees
Employment rate
84.0%
Aged 16-64
Unemployment rate
3.2%
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. Some measures are shown as No data where ONS/Nomis suppresses local values because sample sizes are too small or disclosive.
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.
Melton’s latest ONS and Nomis labour-market profile suggests a town with a relatively strong working-age base, but with earnings that still sit below the Great Britain benchmark.