Average house price compared with resident median annual pay.
Teignbridge Wages, Employment and Property Affordability
Resident earnings, employment, unemployment and affordability context for reading Teignbridge prices and rents.
Apr 2025-Mar 2026 / ASHE 2026
Teignbridge wages, employment and affordability
Resident earnings and labour-market context help explain local affordability, rental pressure and housing demand.
Resident population
138,607
ONS 2025
Median resident annual pay
£35,849
Teignbridge
Median resident weekly pay
£689
Full-time employees
Employment rate
83.3%
Aged 16-64
Unemployment rate
2.2%
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.
Teignbridge’s latest ONS/Nomis labour-market picture suggests a relatively strong resident employment base, with a population of 138,607 in 2025. That population context matters for housing affordability because it points to a sizeable local workforce and household base, but it does not by itself explain property values or rents.
The employment rate stands at 83.3%.