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)”
http://eastdevon.gov.uk/media/1395571/021215-combined-cab-agenda.pdf
Reblogged this on Martin Shaw and commented:
Further confirmation of the low wages / high property prices ratio in our area.
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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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