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Oxford Business Statistics

July 23rd, 2007 by Jurga Galvan

Stats and information for businesses considering relocation to or setting up an office in Oxford.

Known as the “City of Dreaming Spires”, Oxford is home to the oldest University in England, Oxford University. It is the perfect mix of ancient and modern with a growing hi-tech community set amidst a beautiful historic place. The modern Oxford has plenty to offer not only to students but also to visitors and businesses alike.

Population
149,800 (2005 estimate)

Migration, immigration, ethnic diversity, basic population demographics
• Oxford has a relatively young population (38.92% are aged under 25) compared to England (31.1%) due largely to the high number of full-time students living there.
• Ethnicity: White (87.11%), Mixed (2.42%), Asian or Asian British (4.82%), Black or Black British (2.51%), Chinese or Other (3.14%)
• Religion: Christian (60.41%), No religion (23.89%), Muslim (3.85%)
• The workforce is mostly full-time students (25.59%), works in Lower managerial and professional occupations (17.4%) or in Higher professional occupations (10.46%).

Unemployment/employment rate
• 58.6% are employed
• 2.26% are unemployed
• The rest of the population are either students, retired, homemakers or disabled.

Average income/salary
• £473.09/week

Location within the UK and closest major location
• London - 55 miles
• Birmingham - 70 miles

Transport options to and within
• Oxford is well connected to other parts of UK via rail, road, and air.
• The airport that serves Oxford is, however, just a small one so you will need to go to Luton or Heathrow Airports if you need to ride bigger crafts.
• The Oxford Canal also connects Oxford to the Midlands.

Closest airports with average distance from town/city centre
• Oxford (Kidlington) Airport - small private airport located at Kidlington
• London Luton Airport - 37.58 miles
• London Heathrow Airport - 38.36 miles
• Gloucestershire Airport - 41.14 miles

Dominating sectors / industries
• Education - 19.64%
• Real estate; renting and business activities - 16.35%
• Health and social work - 14.29%
• Wholesale & retail trade; repair of motor vehicles - 12.56%
Source: Census Data 2001 - Industry of Employment

Large companies that have headquarters or major branches in the location
• Goldman Sachs International
• KPMG LLP (UK)
• Morgan Stanley
• Ernst & Young
• O2

Areas that are considered to be prime business locations
• Monument Business Park
• Oxford Science Park

Awards
• RAC Warm Welcome 2003 awarded to Bath Place Hotel
• David Steel Sustainable Buildings Award given to 34 East Street in Osney Island.
• Guardian Family Friendly Museum of the Year (2005) awarded to Oxford University Museum of Natural History

Special business benefits/dispensations
• Unoccupied property rates
• Partly occupied property relief
• Small Business Rate relief
• Charity and registered community amateur sports club relief
• Non-profit making organisation relief
• Hardship relief

3 best things about the location
• Presence of Oxford University ensures a highly skilled workforce.
• Numerous tourist attractions ensures a very healthy tourism industry.
• The city is pretty compact so that ALL the business parks and industrial areas are near both the commercial and historic centre.

Browse available offices to let in Oxford

This entry was posted on Monday, July 23rd, 2007 at 4:11 pm and is filed under Key Business Locations. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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