Oadby and Wigston Wages, Employment and Property Affordability

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

Last updated 5 Jul 2026HPI April 2026Rents May 2026Sold prices April 2026
Jan 2025-Dec 2025 / ASHE 2025

Oadby and Wigston wages, employment and affordability

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

Resident population
61,695
ONS 2024
Median resident annual pay
£41,522
Oadby and Wigston
Median resident weekly pay
£799
Full-time employees
Employment rate
82.6%
Aged 16-64
Unemployment rate
3.5%
Economically active
House price affordability6.2x earnings

Average house price compared with resident median annual pay.

Rent affordability30% 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 July 2026

Oadby and Wigston has a resident population of 61,695, based on 2024 figures. That gives some context for a labour market that is smaller than Great Britain overall, but still sizeable enough to show a clear local pattern in pay and work status.

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.