Gisborne West Coast Summary Report December 2016 Tasman Marlborough West Coast West Coast Marlborough Gisborne Tasman New Zealand Indicator Year GDP per capita 2015 $50,000 $55,000 $36,000 $42,000 $53,000 Population 2016 32,600 45,500 47,900 50,300 4,693,000 Māori share of population 2013 11% 12% 49% 8% 15% Employees 2015 18,631 32,351 23,397 20,443 2,425,173 Participation rate 2016 70% 67% 71% 70% 69% Employment rate 2016 68% 64% 66% 67% 66% Unemployment rate 2016 NA% 6% 8% 4% 5% Employment growth (CAGR 2005-2015) 2015 1.6% 2.7% 0.2% 1.7% 1.4% Annual average household income 2015 $84,648 $85,820 $73,584 $84,648 $91,198 Average house value 2016 $215,139 $371,538 $236,100 $447,641 $568,681 Average weekly rent 2016 $237 $307 $282 $347 $407 Net migration 2016 75 175 114 207 69,954 NCEA level 2 attainment 2014 80% 83% 78% 82% 81% 1. Population growth 2. Fun facts about West Coast Region Indexed value (2006 = 100) 112.5 Did you know... 45 heavy and civil engineering companies employing 680 people. 110.0 39 grocers and supermarkets employing 680 people. 107.5 21 fuel retailers employing 110 people. 105.0 57 cafes and restaurants employing 500 people. 102.5 21 takeaways employing 140 people. 42 pubs and bars employing 180 people. 100.0 2006 2008 2010 2012 2014 2016 12 law firms employing 45 people. West Coast Marlborough Gisborne Tasman 15 accountancy firms employing 95 people. 75 automotive repair firms employing 170 people. New Zealand 6 laundry and dry-cleaning services employing 18 people. Source: Statistics New Zealand Business Demographics, 2015 Summary Report December 2016 | West Coast 3. GDP per capita 4. Average weekly rent $400 Rent ($) $350 $40,000 $300 $250 $30,000 $200 2006 2008 2010 2012 2014 5. Age group distribution 2006 2008 2010 2012 2014 2016 6. Average household income $90,000 65 years + Household income (annual $) GDP per capita ($) $50,000 25-64 years 15-24 years 0-14 years 10% 20% 30% 40% $80,000 $70,000 $60,000 50% 2006 2008 2010 2012 2014 Per cent of population in 2014 West Coast Marlborough West Coast Marlborough Gisborne Tasman Gisborne Tasman New Zealand New Zealand 7. Share of employees and employment growth for selected industries in West Coast # of employees in West Coast Health Care and Social Assistance 1,620 Accommodation and Food Services 1,520 Professional, Scientific and Technical Services 820 Transport, Postal and Warehousing 680 Wholesale Trade 520 Financial and Insurance Services 250 Information Media and Telecommunications 220 Electricity, Gas, Water and Waste Services 60 0% Note: Industries selected based on regional comparative advantage in employment, increased comparative advantage over the last 10 years or high employment growth over the last 10 years. Employee counts are for those living in the territorial authority, regardless of location of workplace. 5% 10% Proportion of employees in 2015 West Coast New Zealand 10-year CAGR employee count -1% 0% 1% 2% 3% 4%
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