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Banbury, United Kingdom

Full City Profile

3.1 /5.0
B Good
48,651 Population 5,992/sq mi density
328 ft Elevation 100 meters
51°F Avg Temperature 11°C
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$53,527 median income, 3.7% unemployment
D
Affordability
1.9 / 5.0
$452,758 home value, $1,338/mo rent
B+
Education
3.8 / 5.0
35.1% bachelor's degree or higher

Banbury, United Kingdom

At a Glance

Median Income
$53,527
29% below
$53,527 per capita
Home Value
$452,758
61% above
Median Rent
$1,338/mo
15% above
Bachelor's Degree+
35.1%
4% above
51.2% high school+
Unemployment
3.7%
3% above
Avg Temperature
51°F
224 sunny days/yr

Is Banbury a Good Place to Live?

B
3.1 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Banbury residents earn a median household income of $53,527 , which is 29% below the national average of $75,149. Per capita income is $53,527. The unemployment rate stands at 3.7% (3% above the U.S. rate of 3.6%). The area is home to 4,427 business establishments.

Housing & Cost of Living

The median home value in Banbury is $452,758 , 61% above the national median of $281,900. Median rent is $1,338/month.

Education

35.1% of adults in Banbury hold a bachelor's degree or higher (4% above the national average). 51.2% have completed high school.

Climate & Weather

Banbury has an average annual temperature of 51°F (11°C). Winters average 40°F in January while summers reach 60°F in July. The area gets 224 sunny days per year. Annual precipitation totals 37.8 inches.

Data Overview

People

Population48,651
Median Age40.4 yrs
Density5,992/mi²
Male / Female50% / 50%
Foreign Born17.6%
Veterans4.2%

Economy

B+
Median Income$53,527
Per Capita$53,527
Unemployment3.7%
Poverty
Avg Weekly Wage$1,029

Housing

D
Home Value$452,758
Rent$1,338
Ownership66.9%
Housing Units19,460

Climate

Avg Temp51°F
Sunny Days224/yr
Rain37.8 in/yr
Elevation328 ft

Education

B+
Bachelor's+35.1%
High School+51.2%

Community

Did You Know?

32.2% work from home.
3.7% of the population has a disability.
17.6% of residents are foreign-born.