Rutland Wages, Employment and Property Affordability

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

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

Rutland wages, employment and affordability

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

Resident population
41,629
ONS 2025
Median resident annual pay
£40,368
Rutland
Median resident weekly pay
£776
Full-time employees
Employment rate
74.3%
Aged 16-64
Unemployment rate
3.4%
Economically active
House price affordability7.4x earnings

Average house price compared with resident median annual pay.

Rent affordability29% 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

Rutland’s labour-market profile points to relatively solid earnings and a workforce mix that is close to, but not identical with, the Great Britain picture. The resident population stood at 41,629 in 2025, so this is a small local 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.