Introduction
In 2022, Buckinghamshire’s economy generated £20.4bn in GDP which was
the 96th highest on a per head basis out of 296 local authorities in England
(ONS, 2024). Buckinghamshire residents are more likely to be qualified to
higher levels than the national average. Fewer Buckinghamshire residents claim
unemployment-related benefits as a proportion of the working age population
(aged 16-64) than the national average. The median wage for full-time and
part-time workers stands at £39,497 and £13,915 respectively (ASHE, 2023) which
is higher than median wages for the South East and England. In Buckinghamshire,
the average rent stands at £1,276 per month, and the average house price is
£549,072 (HRMC, 2022). In 2023, 19% of Buckinghamshire residents were aged 65
and over. This was similar to the national average (ONS, 2024). However,
Buckinghamshire had a slightly lower proportion of working age residents (aged
16-64) than the national average (61% and 63% respectively).
For more information on the Buckinghamshire economy, visit Buckinghamshire’s Economic Intelligence Observatory.
Data
Annual earnings
The graph shows the median gross annual pay for residents working full-time and part-time in Buckinghamshire, the South East, and England.
Highest Level of Qualification Held
Table showing the proportion of working age (16-64) residents by the highest level qualification they have in Buckinghamshire, the South East and England.
Top job postings
Tables showing top occupations by number of job postings in 2023 for Buckinghamshire, the South East and England.
Unemployment Claimant Count
The Claimant Count counts the number of people claiming Jobseeker’s Allowance plus those who claim Universal Credit and are required to seek work and be available for work. It is a measure of the number of people claiming ‘out-of-work’ related benefits. Not all those who are unemployed claim benefits. This is largely due to people finding new work very quickly or having other sources of financial support at home. In addition, not all those counted within the Claimant Count are unemployed (some are working a low number of hours and/or are earning a low income). Whilst the Claimant Count is not a measure of unemployment, it is a useful proxy at the local level.
Occupational profile
This chart shows how the broad occupational profile of Buckinghamshire’s residents compares with the occupational profile of England as a whole.
