Exmouth Overview Although historically, Exmouth has catered to the family-oriented holiday makers from Exeter and the ...
Although historically, Exmouth has catered to the family-oriented holiday makers from Exeter and the surrounding area, today the seaside resort's two miles of sandy beach, seafront promenade, and nature reserve, are a magnet for those wishing to retire in an environment of outstanding natural beauty. The driving force behind jobs in Exmouth traditionally reflected the summer tourist trade. More recently, an increasing number of jobs in Exmouth are tied into servicing the growing retired community. Indeed, 30% of East Devon's population is over the age of 65. Another expanding community in Exmouth are commuters who take advantage of the 20-minute rail ride to Exeter.
Given the highly desirable location, the cost of living is a touch higher than the national average. In 2011, the Devon County Council report gives the average Exmouth house cost as £225.912, with a range of £293,132 for a detached home to £202,642 for a flat.
Exmouth Job Opportunities
At less than 2%, unemployment rates are below the national average. The East Devon Area Profile report of 2014 showed that the largest employment sectors were wholesale, retail,accomodation and food. The health sector such as social work jobs were included too. These jobs in Exmouth collectively account for 45% of total employment. With its older population, jobs in Exmouth are now found in the caretaking sector. Also on the rise are the more skilled positions like IT jobs.
Exmouth Location Employment Trends
A variety of construction jobs in Exmouth will become available as the town continues to improve its tourist attractions. The East Devon District Council has announced a £18m development project starting in fall 2015 in order to upgrade the facilities on the seafront. The project is estimated to create 175 full-time jobs in Exmouth and inject £4m a year into the local economy. Overall, the economic forecast for Exmouth is positive. The area is expected to attain higher rates in employment and real value added than the regional and national levels.