Page 99 of current cabinet papers:
“In East Devon:
Unemployment = 546 people as at September 2015. This is 0.7% of total population and represents a reduction of 136 since May 2014.
Working age population = 63.6%
Median full-time salary = £22,700
Earnings are 7% lower compared to the English average.
Average house prices to salary ratio are 11:1, which is the highest in Devon.
East Devon is the 8th least affordable district in England
(The Joseph Rowntree Foundation)”
The latest figures (from last week) for East Devon’s average house price in relation to average income are: average house price = £270,982 and average income= £23,171 , so pushing up to a 12 to 1 ratio.
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Reblogged this on Martin Shaw and commented:
Further confirmation of the low wages / high property prices ratio in our area.
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