Average house price compared with resident median annual pay.
South West England Median Salary
Resident earnings data for South West England, shown alongside regional house prices and rents for affordability context.
Median resident annual pay
£38,168
Feb 2026-Apr 2026 / ASHE 2025
Median resident weekly pay
£734
Full-time employees
House price to income
7.9x earnings
Average price vs annual pay
Rent to income
39% of monthly earnings
Average rent vs monthly pay
Feb 2026-Apr 2026 / ASHE 2025
South West England wages and affordability
Resident earnings help explain how regional prices and rents compare with local pay.
Resident population
5,889,695
ONS 2024
Median resident annual pay
£38,168
South West England
Median resident weekly pay
£734
Full-time employees
Employment rate
77.8%
Aged 16-64
Unemployment rate
4.4%
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.
South West England had a resident population of 5.9 million in 2024, according to the ONS figures shown by Nomis. That gives the region a large and diverse labour market, with earnings and jobs conditions affecting a wide range of local housing budgets.