Horsham District Economic Characteristics
Horsham District has a strong local economy, shown by its high employment rates and a wide range of small, medium and large businesses with good long-term survival rates. Take a more in-depth look at our District and follow the link to our full Economic Profile report below.
Horsham District Residents
Horsham District has a population of 142, 217, where around 60% of the population is of working age (aged 16-64). The workforce is highly skilled and motivated, shown by:
- High educational attainment; more than 43% of our residents have achieved a NVQ Level 4 or equivalent qualification and above (Higher Certificate/BTEC).
- A high percentage (82.3%) of the population who are economically active (employed or actively seeking employment).
- Low unemployment at just 2.6%.
- Over 56% of residents who are employed in the first three major occupation groups (managerial, professional and technical positions).
Horsham District is also a safe and attractive place to live and work, demonstrated by:
- A high proportion of privately-owned homes, compared to the national average.
- Relatively low levels of deprivation, ranking 290 out of 317 local authorities in England (IMD 2019).
- High average life expectancy at birth for both males and females.
- Very low recorded crime rates (46 per 1000 population, almost half of the recorded 70 per 1,000 in Sussex – June 2019).
There continues to be a strong retail offering across the main market towns and Horsham town centre, which compares well with similar districts across the region. The District is home to a high proportion of small businesses and independent retailers, as well as major retailers such as John Lewis and Waitrose, Sainsbury’s, Tesco and Dunelm. These retailers continue to contribute to the high retail occupancy across the District.
Business in Horsham District
Horsham District is a great location for new enterprise:
- There are over 7,900 active businesses in Horsham District, with a general trend of upward growth over time. This is the second highest figure for West Sussex.
- Around 87% of these are micro and small businesses.
- 0.2% of these are larger enterprises.
There are also good long-term prospects for businesses in Horsham District:
- Short-term and long-term business survival rates are high in the District; our five-year business survival rate is 47.3%.
- We offer great networking events and training in business development, for instance independent retail training.
- Our commercial premises are 70% cheaper per square foot than premises in London.
Scroll through the stats behind the economic success of the District and see how they compare.