Newcastle

in Numbers

44.3%

of the workforce hold a degree level qualification

62.9%

of the workforce hold two or more A-levels

£5.4bn

Regional visitor economy

£35,000

Median salary (Talent.com, 2023)

60,000

students in the city

2.7m

workforce within 1 hours drive

48.9m

Regional visitors

8,645

Newcastle businesses

£9.9bn

Newcastle GDP

£210,000

Average house prices (Rightmove, 2023)

£28/sq ft

Prime rents (Avison Young, 2023)

6.25%

Prime yield (Knight Frank, 2023)

6,500

hectares of development land

7.2%

Average residential rental yield (NE1) (Property Data, 2023)

£30bn

An investment pipeline across the North East

1 million sq ft

development pipeline of Grade A office space