Southwark — Local Statistics
Key economic and labour market statistics for Southwark, sourced from the Office for National Statistics.
£43,006
Median Annual Salary
+29.0% vs UK average
5.7%
Claimant Rate
+2.2pp vs UK average
13,415
Claimants (April 2026)
£33,344
UK Median Salary
Southwark Economic Overview
Salaries
Southwark is among the higher-paying areas in the UK, with median annual earnings of £43,006 — 29.0% above the national average of £33,344. This typically reflects a strong concentration of professional, financial, or technology roles in the area.
View full salary statistics for Southwark →
Unemployment & Claimant Count
At 5.7%, Southwark's claimant rate is above the UK average of 3.5%. This may reflect structural challenges in the local economy or a higher proportion of workers in sectors with less job security.