South Kesteven Wages, Employment and Property Affordability

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

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

South Kesteven wages, employment and affordability

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

Resident population
147,151
ONS 2024
Median resident annual pay
£36,722
South Kesteven
Median resident weekly pay
£706
Full-time employees
Employment rate
79.6%
Aged 16-64
Unemployment rate
3.5%
Economically active
House price affordability7.0x earnings

Average house price compared with resident median annual pay.

Rent affordability27% 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

South Kesteven’s latest ONS/Nomis labour-market profile, alongside ASHE 2025 earnings data, shows a district with a relatively strong employment base. The resident population was 147,151 in 2024, which gives useful context for the scale of the local labour market and the number of households drawing on local earnings.

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.