The demographics of Finchley Road’s population

Finchley Road is a bustling street located in the North London borough of Barnet. With its rich history dating back to Roman times, the area has undergone significant transformation over the years, but still remains a popular residential and commercial hub. From its charming Victorian architecture to its vibrant food and drink scene, Finchley Road has plenty to offer for everyone.

Population Size and Growth

Finchley Road has a population of approximately 31,000, which is lower than the average population size of a London borough, which stands at around 75,000. However, the population of Finchley Road has been growing steadily over the past few years, with the latest projections indicating a growth rate of 2% per annum. This increase in population can be attributed to the area’s excellent transport links and its close proximity to central London.

Age of Population

The average age of the population in Finchley Road is 38 years old, which is in line with the average for London. The area has a good balance of young professionals, families, and retirees, making it a diverse and inclusive community.

Employment Rate

The employment rate in Finchley Road is higher than the average in the UK, with around 76% of the population being in employment. This high employment rate is a reflection of the area’s thriving economy, and it also provides a steady stream of potential tenants for buy-to-let investors.

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Education Level

The education level of the population in Finchley Road is higher than the average in the UK, with a large number of residents holding degrees or higher education qualifications. There are several universities and colleges located in and around the area, including the University of London and University of the Arts London. These institutions bring in a large number of students, making the area a popular choice for student accommodation.

Renters vs Homeowners

In Finchley Road, around 60% of the population are renters, while the remaining 40% are homeowners. The percentage of renters is slightly lower than the average in the UK, but it does mean that there is a large pool of potential tenants for buy-to-let investors.

Crime Rate

The crime rate in Finchley Road is lower than the average in the UK, making it a safe and secure area to live and work in. This low crime rate is a reflection of the area’s close-knit community and the presence of a strong local police force.

In conclusion, Finchley Road is a vibrant and diverse community that offers plenty of opportunities for buy-to-let investors. With its excellent transport links, thriving economy, and high education level, the area is a popular choice for renters and families alike. The area’s low crime rate and growing population are also important factors to consider when investing in a buy-to-let property in Finchley Road. With all of these factors in mind, it is clear that Finchley Road is an excellent choice for anyone looking to invest in a buy-to-let property.

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