Key economic statistics

Introduction

This report is a quarterly updated digest of key economic statistics for Poole and Bournemouth.

It contains data on the following topics: 

  • population size
  • economic activity
  • out-of-work benefit claimants
  • workless households
  • earnings
  • house prices and affordability
  • private sector rents
  • higher level qualifications

Key findings for Poole     

  • the employment rate for those aged 16-64 is 75.3% (The figure for GB is 74.5%.)
  • the (modelled) unemployment rate is 3.2%(The figure for GB is 4.5%.)
  • the out-of-work benefits claimant rate is 1.1% (It is 1.9% for GB.)
  • 1,030 residents of Poole who were available for, and capable of, work claimed an out-of-work benefit in December 2017
  • median hourly rate of pay for full-time employees who live in Poole is £13.20 (94% of GB median)
  • median hourly rate of pay for full-time employees who work in Poole is £13.24 (95% of GB median )
  • the ratio of lower quartile house prices to lower quartile resident FT earnings is 9.8 ( compared to 7.1 for England). This measures housing affordability in 2015.
  • the average selling price for houses in Poole in November 2017 was £304,959 (£226,017 for UK). These are not simple averages. House prices in Poole rose by 4.9% over the year (compared to 5.1% for UK).
  • private rental costs are relative to England. A two - 2 bedroom house in Poole has a median rent of £800 pcm compared to £650 for England.     

Contact us

Email
research@poole.gov.uk

Telephone
01202 633306

Address
Corporate Research Team
Civic Centre
Poole
BH15 2RU 

Page last updated: 25 April 2019
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