The Demographics of Ealing Broadway’s Population
Ealing Broadway is a vibrant town in the London Borough of Ealing that has a rich history dating back to the 19th century. It has always been a popular destination due to its close proximity to central London, excellent transport links, and a wide range of amenities. If you are considering investing in a buy-to-let property in Ealing Broadway, there are several key factors to consider.
Population
The population of Ealing Broadway has been steadily increasing over the years, with the population estimated to be around 105,000 people. This is higher than the average population size of London boroughs, which is approximately 85,000. The growth rate of the population is expected to continue as Ealing Broadway becomes an increasingly desirable place to live.
Ealing Broadway has a relatively young population, with a median age of 35 years old. This is lower than the average median age in the UK, which is 40 years old. This could be due to the town’s proximity to universities and the relatively low cost of living in the area. Ealing Broadway has a diverse population, with a large number of people from different ethnic backgrounds.
Employment rate
Ealing Broadway has an employment rate of around 80%, which is higher than the average employment rate in the UK, which is around 75%. The town has a strong economy, with a wide range of job opportunities in various sectors, including healthcare, retail, and education.
Education
Ealing Broadway has a high level of education, with approximately 70% of the population holding a degree or higher qualification. This is higher than the average education level rate in the UK, which is around 38%. The town has a large student population, with several universities and colleges located in the area. The University of West London is based in Ealing, which attracts students from all over the world.
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Renters vs homeowners
Ealing Broadway has a higher volume of renters compared to homeowners, with around 60% of the population renting their homes. This is higher than the average in the UK, which is around 35%. The high rental demand in the area can be attributed to the large student population, the town’s proximity to central London, and the relatively low cost of living in the area.
Crime rate
Ealing Broadway has a low crime rate compared to the average in the UK. The town has a strong police presence and a low incidence of violent crime. There are several CCTV cameras installed in the town centre, which helps to deter crime and ensure public safety.
In conclusion, Ealing Broadway is a diverse and growing town with a strong economy, a high level of education, and a relatively low crime rate. The town’s population is young, diverse, and highly educated, with a high demand for rental properties due to the large student population. If you are considering investing in a buy-to-let property in Ealing Broadway, it is important to consider the factors mentioned above, as they will have an impact on the potential return on investment.
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