Area type
Metropolitan District
Population
190,708
GDP
£4.2 billion
Average salary
£29,473
Labour force
116,957
Job Density
0.73
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The Gross Domestic Product (GDP) in Bury was worth an estimated £4.2 billion in 2019, according to figures published by the ONS. Bury's GDP growth between 2018 and 2019 was 4.8% per year. Compare GDP by area.
The Health industry is the largest in Bury based on the number of jobs, accounting for 17.9% of roles in the area.
2019 ONS figures suggest that there are 86,000 jobs in Bury, which has a working-age (aged 16-65) population of 116,957. The 2019 job density in Bury is 0.74, meaning there are 0.74 jobs per member of the Bury working-age population.
Bury had a mean average salary for full-time employees of £29,473 in 2021. Bury's unemployment rate is 5.8% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Bury is 116,957 or 61.3% of the total population.
In 2021, 94.2% of the labour market was recorded as employed, below the 94.8% average rate for England. Of those employed, 13.3% are self-employed, and 86.7% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Bury working-age (aged 16-64) population who have a degree or higher is 41.3%, which is below the 42.8% degree qualification rate for England.
Over 62% of the Bury working-age population have at least 2 A-levels (or equivalent), and 5% have no qualifications.
Qualifications classifications
Main page: Bury Salary
The average salary in Bury as of 2021 is £29,473. Between 2020 and 2021, average salaries fell by £1,736. Compare average salaries by area.
Bury's salary growth rate is -5.56% per year based on changes in average salary between 2020 and 2021, which is 5.56% lower than the average salary growth rate in Bury over the past 7 years.
Business data published by the ONS in 2020 show the most common job group in Bury is Administrative Occupations, accounting for 11% of all roles in the area. In England as a whole, the largest job group is Business & Public Service Assoc. Professionals.
The fastest-growing type of job in Bury is Leisure, Travel And Related Personal Service Occs, with roles increasing 109% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
Occupation | Number | Percentage | CHANGE |
|---|---|---|---|
| Administrative Occupations | 9,600 | 10.9% | 15.7% |
| Business & Public Service Assoc. Professionals | 8,400 | 9.5% | -6.7% |
| Corporate Managers And Directors | 8,000 | 9.1% | -13.0% |
| Elementary Administration & Service Occs | 5,700 | 6.5% | -18.6% |
| Sales Occupations | 5,600 | 6.4% | 30.2% |
There was a 10% decrease in roles between 2019 and 2020. In England as a whole, there was a 2% decrease.
Based on the total number of jobs, the largest industry in Bury is Health. Other major industries include Manufacturing, Retail, Education, which represents over 10% of roles in Bury.
Financial & Insurance companies make up 1% of the Bury economy that's lower than the average for England as a whole (~3%).
2% of the total jobs in Bury are in Information and Communication, one of the key sectors for the future, below the 5% of jobs in England as a whole.
Industry | Number | Percentage |
|---|---|---|
| Health | 12,000 | 17.9% |
| Retail | 9,000 | 13.4% |
| Manufacturing | 7,000 | 10.4% |
| Education | 7,000 | 10.4% |
| Professional, Scientific & Technical | 4,500 | 6.7% |
The fastest-growing industry in Bury is Education, with jobs in the sector increasing 17% between 2019 and 2020 from 6,000 to 7,000. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Bury between 2019 and 2020 was Transport & storage, which saw an 50% decrease in roles, going from 6,000 to 3,000. In England more broadly the industry with the biggest year on year decline was Arts, entertainment & recreation, with roles decreasing by 8%.
The Information and communication industry includes many of the top companies of the future. In Bury, the number of roles in this sector has fallen by 0% over the past year, below the 1% annual increase seen in England.
Bury Demographics
Rental Market of Bury
2021 UK Business Count data published by the ONS show there are 20 large businesses in Bury, making up 0.3% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 90 medium-sized businesses based in Bury, making up 1.1% of total businesses - in England, 1.5% of businesses are medium-sized. A medium-sized business is defined as having between 50 and 249 employees.
There are 620 small businesses based in Bury, making up 7.8% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Bury's unemployment rate is 5.8% that's 1% higher than the average unemployment rate for England as a whole. Unemployment rates are the number of unemployed people as a percentage of the working-age population.
The main group within the unemployment population is Student, representing 35.8% of the unemployed population.
Secondary classifications include groups: looking after family, long-term sick, retired, other, all of which represent over 10% of the unemployed population.
In England as a whole, students are the main group within the unemployed population, accounting for 28.9% of the unemployed population.
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics