England

Tower Hamlets area profile

The median home in Tower Hamlets costs £500,000. Around the national average.

Median house price
£500,000
Affordability
7.5× salary
Typical salary
£66,700
Avg sold price
£487,000
Deprivation (IMD)
4/10

Affordability in Tower Hamlets

Homes in Tower Hamlets cost about 7.5× the typical full-time salary, versus 7.6× across England & Wales. That puts it in line with the country as a whole.

Based on ONS house-price to workplace-earnings ratios, 2025. The England & Wales median is 7.6×.

Who lives in Tower Hamlets

Census 2021 figures, averaged across the area's neighbourhoods.

25.6%
Owner-occupied
Homes owned outright or with a mortgage
37.9%
Privately rented
Share of homes rented from a private landlord
50.6%
Degree-educated
Adults with a level-4+ qualification
18.2%
Children
Residents aged under 16
5.9%
Retired
Residents who are retired
49.8%
Work from home
Workers based mainly at home
66.2%
Car-free homes
Households with no car or van
4/10
Deprivation
1 = most deprived, 10 = least (IMD decile)

Frequently asked

What is the average house price in Tower Hamlets?

The median house price in Tower Hamlets is £500,000 (ONS, 2025), about 7.5× the typical full-time salary.

Where does this Tower Hamlets data come from?

House prices and affordability ratios come from ONS. Rents come from ONS/VOA private-rental statistics. Demographics are Census 2021 figures aggregated to local-authority level. England & Wales only.

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← All areasSources: ONS, ONS/VOA, Census 2021 · Open Government Licence