Average house price compared with resident median annual pay.
North West Leicestershire Wages, Employment and Property Affordability
Resident earnings, employment, unemployment and affordability context for reading North West Leicestershire prices and rents.
Apr 2025-Mar 2026 / ASHE 2026
North West Leicestershire wages, employment and affordability
Resident earnings and labour-market context help explain local affordability, rental pressure and housing demand.
Resident population
113,263
ONS 2025
Median resident annual pay
£39,317
North West Leicestershire
Median resident weekly pay
£756
Full-time employees
Employment rate
79.6%
Aged 16-64
Unemployment rate
3.6%
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.
North West Leicestershire had a resident population of 113,263 in 2025. That gives the local labour market a solid base, while still leaving it small enough for year-to-year figures to move around more noticeably than national averages.
On the ONS Annual Population Survey profile shown by Nomis, the employment rate was 79.6%.