Yes, Rutland is considered an affluent area.
Rutland, often noted for its quality of life, consistently ranks as a highly prosperous region within the United Kingdom. Its affluence is substantiated by several key socio-economic indicators, reflecting a community with strong economic stability and low levels of social challenges.
Key Indicators of Affluence in Rutland
The economic and social well-being of Rutland is evident through various measures, painting a clear picture of its affluent status:
- Low Deprivation Levels: Rutland exhibits remarkably low levels of deprivation. It holds the distinction of being the least deprived area in the East Midlands. On a national scale, out of 326 areas, Rutland ranks 303, where a ranking of 1 signifies the most deprived. This places it firmly among the least deprived and, consequently, more affluent regions in the country.
- Low Unemployment Rates: The area boasts a very low unemployment rate. As of February 2023, only 1.6% of its population was receiving out-of-work benefits, indicating a robust local economy with ample employment opportunities.
- Low Crime Levels: Complementing its economic stability, Rutland also experiences very low levels of crime, contributing to a high quality of life and a secure environment for its residents.
Snapshot of Rutland's Socio-Economic Standing
To further illustrate Rutland's position, consider the following data points:
| Indicator | Rutland's Status (Latest Available Data) | Context/Implication |
|---|---|---|
| Deprivation | 303rd least deprived out of 326 areas nationally | Among the most affluent and least deprived regions in the UK |
| Regional Rank | Lowest deprivation levels in the East Midlands | A leading region for prosperity within its wider area |
| Unemployment | 1.6% of population on out-of-work benefits (February 2023) | Significantly lower than the national average, indicating strong employment |
| Crime | Very low levels of crime | Contributes to high quality of life and community safety |
These combined factors underscore Rutland's standing as a relatively affluent area, characterized by economic stability, high employment, and a secure living environment.
