The Vale's vital statistics
Here are some of the factors that support the view of Aylesbury Vale as an excellent location for companies with the ambition and potential to grow.
- Aylesbury Vale has one of the highest propensities to create companies of any area in the country. In 2000, 55% more businesses were formed than the average, as a proportion of the working age population.
- The area has twice the average number of high income families: 21.95% compared with 10.97% for the UK as a whole. The access to seed capital which this represents is an important factor when making initial investment in new businesses.
- Aylesbury Vale also has a higher than average proportion of its population in the 30-54 age bracket. These are the people most likely to start new enterprises. However it is also well placed to foster young entrepreneurs, with a higher than average number of 0-19 year olds too.
- The local population is very well educated. Aylesbury Vale falls into the top quartile for England and Wales in terms of its degree educated inhabitants, and has a very small group with no qualifications (in the bottom 16%). Also, compared with the local region and the South East as a whole, Aylesbury Vale is predicted to have the largest number of GCSE grades A-C for its population of younger people.
- Amongst those of working age, a very high proportion (47%) work as managers, professionals and technicians: this is similar to Oxford (52%).
- Aylesbury Vale is also making a successful transition to a service-based economy, with 72% of its workforce now engaged in service businesses. This compares favourably with neighbours such as Northampton (65%).
Where could you take your business in Aylesbury Vale?