Area type
Non-metropolitan District
Population
104,857
GDP
£2.6 billion
Average salary
£35,453
Labour force
61,502
Job Density
0.79
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The Gross Domestic Product (GDP) in Mid Suffolk was worth an estimated £2.6 billion in 2019, according to figures published by the ONS. Mid Suffolk's GDP growth between 2018 and 2019 was 4.6% per year. Compare GDP by area.
The Manufacturing industry is the largest in Mid Suffolk based on the number of jobs, accounting for 12.7% of roles in the area.
2019 ONS figures suggest that there are 48,000 jobs in Mid Suffolk, which has a working-age (aged 16-65) population of 61,502. The 2019 job density in Mid Suffolk is 0.78, meaning there are 0.78 jobs per member of the Mid Suffolk working-age population.
Mid Suffolk had a mean average salary for full-time employees of £35,453 in 2021. Mid Suffolk's unemployment rate is 2.5% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Mid Suffolk is 61,502 or 58.7% of the total population.
In 2021, 97.5% of the labour market was recorded as employed, above the 94.8% average rate for England. Of those employed, 20.8% are self-employed, and 79.2% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Mid Suffolk working-age (aged 16-64) population who have a degree or higher is 28.5%, which is below the 42.8% degree qualification rate for England.
Over 53% of the Mid Suffolk working-age population have at least 2 A-levels (or equivalent), and 8% have no qualifications.
Qualifications classifications
Main page: Mid Suffolk Salary
The average salary in Mid Suffolk as of 2021 is £35,453. Between 2020 and 2021, average salaries fell by £2,397. Compare average salaries by area.
Mid Suffolk's salary growth rate is -6.33% per year based on changes in average salary between 2020 and 2021, which is 6.33% lower than the average salary growth rate in Mid Suffolk over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Mid Suffolk is Business, Media And Public Service Professionals, accounting for 10% 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 Mid Suffolk is Science, Research, Engineering And Technology Profs, with roles increasing 163% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
Occupation | Number | Percentage | CHANGE |
|---|---|---|---|
| Business, Media And Public Service Professionals | 4,700 | 9.7% | 42.4% |
| Science, Research, Engineering And Technology Profs | 4,200 | 8.7% | 162.5% |
| Elementary Administration & Service Occs | 4,200 | 8.7% | 13.5% |
| Administrative Occupations | 4,100 | 8.5% | -28.1% |
| Business & Public Service Assoc. Professionals | 4,000 | 8.3% | -11.1% |
There was a 0% increase 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 Mid Suffolk is Manufacturing. Other major industries include Construction, Health, which represents over 10% of roles in Mid Suffolk.
Financial & Insurance companies make up 1% of the Mid Suffolk economy that's lower than the average for England as a whole (~3%).
2% of the total jobs in Mid Suffolk 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 | 5,000 | 12.7% |
| Construction | 5,000 | 12.7% |
| Health | 4,000 | 10.2% |
| Transport & Storage | 3,000 | 7.6% |
| Agriculture, Forestry & Fishing | 2,500 | 6.4% |
The fastest-growing industry in Mid Suffolk is Public Administration & Defence, with jobs in the sector increasing 67% between 2019 and 2020 from 900 to 1,500. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in Mid Suffolk between 2019 and 2020 was Property, which saw an 30% decrease in roles, going from 500 to 350. 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 Mid Suffolk, the number of roles in this sector has fallen by 0% over the past year, below the 1% annual increase seen in England.
Mid Suffolk Demographics
Mid Suffolk Crime
Rental Market of Mid Suffolk
2021 UK Business Count data published by the ONS show there are 10 large businesses in Mid Suffolk, 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 80 medium-sized businesses based in Mid Suffolk, making up 1.6% 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 400 small businesses based in Mid Suffolk, making up 8.1% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Mid Suffolk's unemployment rate is 2.5% that's 3% lower 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 29.7% of the unemployed population.
Secondary classifications include groups: student, looking after family, 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