The demographics of Canary Wharf’s population
Canary Wharf is one of the most iconic locations in London, and has a rich history dating back to the 19th century. Originally a bustling dockyard, it was one of the busiest ports in the world, and played a key role in the growth of London as a global trading hub. Today, Canary Wharf is a bustling financial and business district, home to many of the world’s largest banks and financial institutions, as well as a diverse range of shops, restaurants, and other amenities.
Canary Wharf is home to around 24,000 people. While this is lower than the average for a town in a London borough, the population of Canary Wharf has been growing steadily in recent years, and is expected to continue to do so as more people flock to the area for its excellent job opportunities and high standard of living.
The area is also home to a relatively young population. The median age of residents is around 30 years old, which is significantly lower than the London average of 38. This is largely due to the large number of young professionals who work in the area and are drawn to its vibrant and dynamic atmosphere.
The employment rate in Canary Wharf is also significantly higher than the average in the UK. Around 85% of residents are in employment, compared to the UK average of around 75%. This is due to the large number of job opportunities in the area, particularly in the financial and business sectors.
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A large proportion of residents hold a degree or higher education qualification, and there are several nearby universities, such as University of East London and University of Greenwich. This makes Canary Wharf an attractive location for students, as well as for professionals who value the opportunity to continue their education.
Canary Wharf is considered to be one of the safest areas in London. The crime rate is significantly lower than the average in the UK, and residents can feel safe and secure in their homes and on the streets.
Canary Wharf is a vibrant and dynamic location that offers an excellent standard of living to its residents. With a growing population, a number of young and highly educated resdients, a high employment rate, excellent job opportunities and a safe environment, it is an ideal location for investing in a buy-to-let property. Whether you’re a young professional looking for a place to call home, or an investor looking for a strong return on your investment, Canary Wharf is definitely worth considering.
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