Area type
Metropolitan District
Population
237,579
GDP
£10 billion
Average salary
£38,478
Labour force
145,441
Job Density
1.18
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The Gross Domestic Product (GDP) in Trafford was worth an estimated £10 billion in 2019, according to figures published by the ONS. Trafford's GDP growth between 2018 and 2019 was 1.5% per year. Compare GDP by area.
The Professional, Scientific & Technical Service (e.g. legal, accounting) industry is the largest in Trafford based on the number of jobs, accounting for 16.4% of roles in the area.
2019 ONS figures suggest that there are 172,000 jobs in Trafford, which has a working-age (aged 16-65) population of 145,441. The 2019 job density in Trafford is 1.18, meaning there are 1.18 jobs per member of the Trafford working-age population.
Trafford had a mean average salary for full-time employees of £38,478 in 2021. Trafford's unemployment rate is 6.2% as of 2021. Compare unemployment rate by area.
The 2019 labour force or working-age population in Trafford is 145,441 or 61.2% 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, 13.7% are self-employed, and 86.3% are employees.
The Annual Population Survey for 2020 published by the ONS reports the percentage of the Trafford working-age (aged 16-64) population who have a degree or higher is 51.3%, which is above the 42.8% degree qualification rate for England.
Over 67% of the Trafford working-age population have at least 2 A-levels (or equivalent), and 4% have no qualifications.
Qualifications classifications
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Main page: Trafford Salary
The average salary in Trafford as of 2021 is £38,478. Between 2020 and 2021, average salaries grew by £1,522. Compare average salaries by area.
Trafford's salary growth rate is 4.12% per year based on changes in average salary between 2020 and 2021, which is 4.12% higher than the average salary growth rate in Trafford over the past 9 years.
Business data published by the ONS in 2020 show the most common job group in Trafford is Science, Research, Engineering And Technology Profs, 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 Trafford is Health & Social Care Assoc. Professionals, with roles increasing 63% between July 2020 and July 2021. In England, the fastest-growing type of role is Corporate Managers And Directors.
Occupation | Number | Percentage | CHANGE |
|---|---|---|---|
| Science, Research, Engineering And Technology Profs | 12,800 | 11.3% | 14.3% |
| Corporate Managers And Directors | 10,900 | 9.6% | -12.8% |
| Business & Public Service Assoc. Professionals | 10,900 | 9.6% | 9.0% |
| Business, Media And Public Service Professionals | 10,000 | 8.8% | -11.5% |
| Elementary Administration & Service Occs | 9,300 | 8.2% | 14.8% |
There was a 1% 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 Trafford is Professional, Scientific & Technical Service (e.g. legal, accounting). Other major industries include Retail, Business Administration & Support, which represents over 10% of roles in Trafford.
Financial & Insurance companies make up 2% of the Trafford economy that's lower than the average for England as a whole (~3%).
5% of the total jobs in Trafford 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 |
|---|---|---|
| Professional, Scientific & Technical | 25,000 | 16.4% |
| Business Administration & Support | 22,000 | 14.4% |
| Retail | 17,000 | 11.2% |
| Health | 10,000 | 6.6% |
| Manufacturing | 9,000 | 5.9% |
The fastest-growing industry in Trafford is Information & Communication, 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 Trafford between 2019 and 2020 was Financial & insurance, which saw an 30% decrease in roles, going from 5,000 to 3,500. 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 Trafford, the number of roles in this sector has risen by 17% over the past year, above the 1% annual increase seen in England.
Trafford Demographics
Rental Market of Trafford
2021 UK Business Count data published by the ONS show there are 60 large businesses in Trafford, making up 0.5% of total businesses - in England, 0.4% of businesses are large. A large business is defined as having over 250 employees.
There are 205 medium-sized businesses based in Trafford, making up 1.7% 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 1,030 small businesses based in Trafford, making up 8.6% of total businesses - in England, 8.3% of businesses are small. A small business is defined as having between 10 and 49 employees.
Trafford'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 Student, representing 29.0% 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