Area type
Non-metropolitan District
Population
79,445
GDP
£2 billion
Average salary
£31,308
Labour force
44,418
Job Density
0.84
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The Gross Domestic Product (GDP) in Malvern Hills was worth an estimated £2 billion in 2019, according to figures published by the ONS. Malvern Hills's GDP growth between 2018 and 2019 was 5.5% per year. Compare GDP by area.
The Manufacturing industry is the largest in Malvern Hills based on the number of jobs, accounting for 11.1% of roles in the area.
2019 ONS figures suggest that there are 37,000 jobs in Malvern Hills, which has a working-age (aged 16-65) population of 44,418. The 2019 job density in Malvern Hills is 0.83, meaning there are 0.83 jobs per member of the Malvern Hills working-age population.
Malvern Hills had a mean average salary for full-time employees of £31,308 in 2021. Malvern Hills's unemployment rate is 6.2% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Malvern Hills is 44,418 or 55.9% of the total population.
In 2021, 93.8% of the labour market was recorded as employed, below the 94.8% average rate for England. Of those employed, 12.4% are self-employed, and 87.6% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Malvern Hills working-age (aged 16-64) population who have a degree or higher is 52.5%, which is above the 42.8% degree qualification rate for England.
Over 69% of the Malvern Hills working-age population have at least 2 A-levels (or equivalent), and 7% have no qualifications.
Qualifications classifications
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Main page: Malvern Hills Salary
The average salary in Malvern Hills as of 2021 is £31,308. Between 2020 and 2021, average salaries grew by £3,129. Compare average salaries by area.
Malvern Hills's salary growth rate is 11.10% per year based on changes in average salary between 2020 and 2021, which is 11.10% higher than the average salary growth rate in Malvern Hills over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Malvern Hills is Caring Personal Service Occupations, accounting for 13% 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 Malvern Hills is Elementary Administration & Service Occs, with roles increasing 180% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
Occupation | Number | Percentage | CHANGE |
|---|---|---|---|
| Caring Personal Service Occupations | 4,100 | 13.4% | 51.9% |
| Science, Research, Engineering And Technology Profs | 3,300 | 10.8% | -13.2% |
| Leisure, Travel And Related Personal Service Occs | 2,900 | 9.5% | 107.1% |
| Elementary Administration & Service Occs | 2,800 | 9.2% | 180.0% |
| Business & Public Service Assoc. Professionals | 2,500 | 8.2% | 38.9% |
There was a 3% 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 Malvern Hills is Manufacturing. Other major industries include Education, which represents over 10% of roles in Malvern Hills.
Financial & Insurance companies make up 1% of the Malvern Hills economy that's lower than the average for England as a whole (~3%).
3% of the total jobs in Malvern Hills 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 |
|---|---|---|
| Manufacturing | 3,500 | 11.1% |
| Education | 3,500 | 11.1% |
| Retail | 3,000 | 9.6% |
| Business Administration & Support | 3,000 | 9.6% |
| Health | 3,000 | 9.6% |
The fastest-growing industry in Malvern Hills is Business Administration & Support, with jobs in the sector increasing 50% between 2019 and 2020 from 2,000 to 3,000. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Malvern Hills between 2019 and 2020 was Accommodation & food services, which saw an 44% decrease in roles, going from 4,500 to 2,500. 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 Malvern Hills, the number of roles in this sector has risen by 13% over the past year, above the 1% annual increase seen in England.
Malvern Hills Demographics
Rental Market of Malvern Hills
2021 UK Business Count data published by the ONS show there are 10 large businesses in Malvern Hills, making up 0.2% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 55 medium-sized businesses based in Malvern Hills, making up 1.3% 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 315 small businesses based in Malvern Hills, making up 7.3% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Malvern Hills's unemployment rate is 6.2% 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 Retired, representing 32.8% of the unemployed population.
Secondary classifications include groups: student, long-term sick, 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