Economic Overview

Part of the wider Tees Valley sub region, Darlington is an ambitious place with a diverse and resilient economy grown out of a tradition of technological and entrepreneurial innovation.

Darlington’s strategy for growth is based on capitalising on our outstanding assets of excellent transport links, highly qualified local workforce, high achieving schools, good quality residential areas, low land and premises costs and a fantastic quality of life.

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£2.6bn

value of the Darlington economy in 2015

£500m

of Public and Private Sector investment attracted into Darlington over the last 5 years

"Darlington is the 7th fastest growing economy in the UK - given our size and geographic location that is no mean feat - but more importantly it's sustained growth, which comes down to having a sound economic strategy created by businesses to meet their needs".

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Key Facts:

 

Key Facts:

  • Darlington has a higher percentage of the working age population educated to degree level than the average for the North East as a whole
  • Darlington has a higher proportion of people in management and professional occupations compared to the North East (2015 - 2016)
  • In terms of employment concentrations against National and Tees Valley averages Darlington has comparative advantage in a number of sectors, such as, Manufacturing and Engineering, Specialised Construction, Logistics and Financial Service Activities
  • The employment rate in Darlington, currently at 74.7%, outperforms all other areas within the Tees Valley (Source: NOMIS)
  • Gross disposable Household Income for Darlington residents has grown by over 7.9% (between 2012 - 2015) to £16,139

 

 

Key Facts: