Local Facts & Figures

Newark is vibrant business centre and a great place to do business with excellent connectivity, with rail, road and superfast broadband. Newark-on-Trent has an urban population of just over 37,457 residents. Invest Newark & Sherwood have produced some useful business metrics which are included below. They also produce a raft of business support services.

New business survival over 5 years

    • Newark & Sherwood42%
    • UK National Average41%

Tourism related employment

    • Newark & Sherwood13%
    • UK National Average9%

Pupils gaining GCSE A*-C

    • Newark & Sherwood69%
    • UK National Average53%

Residents in senior positions

    • Newark & Sherwood18%
    • UK National Average14%
59900

of people currently in employment, which is 76.9%

4%

Unemployment compared to the national average of 4.8%

13%

of employment is through manufacturing

£469

Average wages compared to national average of £541.00

Population Metrics

The district has a population of 119,600, of which:

19456

Under 15 years

40894

15-44 years

32682

45-64 years

21785

65 and above

Commercial Property

There are a wide range of commercial property available in Newark including space for business start-ups, workshops, offices and business centres.

37%

Increased commercial and industrial floorspace between 1999 and 2008. Well above national average of 9.5%

Please note Facts and Figures provided by NSDC are as a guide only. Economic figures accurate as of 06/2017.


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