Mid Devon Wages, Employment and Property Affordability

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

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

Mid Devon wages, employment and affordability

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

Resident population
85,593
ONS 2025
Median resident annual pay
£37,398
Mid Devon
Median resident weekly pay
£719
Full-time employees
Employment rate
86.2%
Aged 16-64
Unemployment rate
2.7%
Economically active
House price affordability7.6x earnings

Average house price compared with resident median annual pay.

Rent affordability28% 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

Mid Devon’s labour market profile points to a relatively strong local earnings and employment base, using ONS and Nomis data from the Annual Population Survey and ASHE. The district had a resident population of 85,593 in 2025, so these figures sit within a modest-sized local economy rather than a large urban labour market.

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.