House price to earnings ratio

In the St Ives constituency, house prices are over ten times the annual salary. In St Austell Newquay constituency, it is over nine times the annual salary.

In England, the median house price  is eight times the annual salary.

The median is the point at which half of house prices in the data are higher and half are lower.

 

houseprice-earningsRatio

The lower the ratio, the more affordable the area. The data shows the median price paid for properties in the twelve months to the date shown.

See House of Commons Constituency dashboard https://commonslibrary.parliament.uk/social-policy/housing/home-ownership/constituency-data-house-prices/

The median annual salary in Cornish constituencies

AverageSalary

The median full-time employee salary for residents of the constituency. Weekly salary data is multiplied up to an annual figure and then averaged over three years (2016-18). Self-employed people and part-time workers are not included.

The median is the point at which half of all salaires in the data are higher and half are lower.

Source: House of Commons Constituency Dashboard https://commonslibrary.parliament.uk/social-policy/housing/home-ownership/constituency-data-house-prices/