Area type
Non-metropolitan District
Population
149,317
GDP
£5.2 billion
Average salary
£40,751
Labour force
90,418
Job Density
0.97
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The Gross Domestic Product (GDP) in St Albans was worth an estimated £5.2 billion in 2019, according to figures published by the ONS. St Albans's GDP growth between 2018 and 2019 was 5.2% per year. Compare GDP by area.
The Business administration & support industry is the largest in St Albans based on the number of jobs, accounting for 20.8% of roles in the area.
2019 ONS figures suggest that there are 87,000 jobs in St Albans, which has a working-age (aged 16-65) population of 90,418. The 2019 job density in St Albans is 0.96, meaning there are 0.96 jobs per member of the St Albans working-age population.
St Albans had a mean average salary for full-time employees of £40,751 in 2021. St Albans's unemployment rate is 4.2% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in St Albans is 90,418 or 60.6% of the total population.
In 2021, 95.8% of the labour market was recorded as employed, above the 94.8% average rate for England. Of those employed, 14.2% are self-employed, and 85.8% are employees.
St Albans's working-age population ranks among the most educated in England.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the St Albans working-age (aged 16-64) population who have a degree or higher is 66.9%, which is above the 42.8% degree qualification rate for England.
Over 79% of the St Albans working-age population have at least 2 A-levels (or equivalent), and 3% have no qualifications.
Qualifications classifications
Main page: St Albans Salary
The average salary in St Albans as of 2021 is £40,751. Between 2020 and 2021, average salaries fell by £863. Compare average salaries by area.
St Albans's salary growth rate is -2.07% per year based on changes in average salary between 2020 and 2021, which is 2.07% lower than the average salary growth rate in St Albans over the past 8 years.
Business data published by the ONS in 2020 show the most common job group in St Albans is Business, Media And Public Service Professionals, accounting for 17% 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 St Albans is Business & Public Service Assoc. Professionals, with roles increasing 66% 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 | 12,200 | 16.8% | 24.5% |
| Business & Public Service Assoc. Professionals | 11,300 | 15.6% | 66.2% |
| Science, Research, Engineering And Technology Profs | 9,300 | 12.8% | 20.8% |
| Corporate Managers And Directors | 7,700 | 10.6% | -24.5% |
| Administrative Occupations | 6,000 | 8.3% | 17.6% |
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 St Albans is Business administration & support. Other major industries include Retail, Professional, Scientific & Technical, which represents over 10% of roles in St Albans.
Financial & Insurance companies make up 2% of the St Albans economy that's lower than the average for England as a whole (~3%).
5% of the total jobs in St Albans are in Information and Communication, one of the key sectors for the future, above the 5% of jobs in England as a whole.
Industry | Number | Percentage |
|---|---|---|
| Business Administration & Support | 16,000 | 20.8% |
| Professional, Scientific & Technical | 10,000 | 13.0% |
| Retail | 8,000 | 10.4% |
| Education | 7,000 | 9.1% |
| Health | 6,000 | 7.8% |
The fastest-growing industry in St Albans is Wholesale, with jobs in the sector increasing 17% between 2019 and 2020 from 3,000 to 3,500. In England more broadly the fastest-growing industry is Healthcare.
The industry with the biggest decline in St Albans between 2019 and 2020 was Professional, scientific & technical, which saw an 17% decrease in roles, going from 12,000 to 10,000. 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 St Albans, the number of roles in this sector has fallen by 0% over the past year, below the 1% annual increase seen in England.
St Albans Demographics
St Albans Crime
Rental Market of St Albans
2021 UK Business Count data published by the ONS show there are 35 large businesses in St Albans, making up 0.4% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 105 medium-sized businesses based in St Albans, making up 1.2% 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 580 small businesses based in St Albans, making up 6.5% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
St Albans's unemployment rate is 4.2% that's 1% 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 Student, representing 30.8% of the unemployed population.
Secondary classifications include groups: looking after family, 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