Affordability in City of London
Homes in City of London cost about 11.1× the typical full-time salary, versus 7.6× across England & Wales. That makes it harder to afford than most of the country.
Based on ONS house-price to workplace-earnings ratios, 2025. The England & Wales median is 7.6×.
Who lives in City of London
Census 2021 figures, averaged across the area's neighbourhoods.
36.8%
Owner-occupied
Homes owned outright or with a mortgage
48.3%
Privately rented
Share of homes rented from a private landlord
74.2%
Degree-educated
Adults with a level-4+ qualification
6.8%
Children
Residents aged under 16
12.4%
Retired
Residents who are retired
67.3%
Work from home
Workers based mainly at home
77.2%
Car-free homes
Households with no car or van
7/10
Deprivation
1 = most deprived, 10 = least (IMD decile)
Frequently asked
What is the average house price in City of London?
The median house price in City of London is £763,000 (ONS, 2025), about 11.1× the typical full-time salary.
Where does this City of London data come from?
House prices and affordability ratios come from ONS. Rents are average private rents from the ONS Price Index of Private Rents, for the latest published month. Demographics are Census 2021 figures aggregated to local-authority level. England & Wales only.
Explore City of London
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