A strong labour market with a growing, youthful population
- Oldham is home to a growing, young population with a continuing upward trend in educational achievement
- The borough’s population is currently 224,900 but is predicted to grow to 241,100 by 2022
- Within a 30 minute drive from Oldham town centre the total population is 2.7 million
- The age profile population within this 30 minute catchment area is younger than the UK average, providing a long-term sustainable pool of labour
- Over a third (37.7%) of the borough’s population are classified as ‘Wealthy Achievers’, ‘Urban Prosperity’ or ‘Comfortably Off’ by CACI’s Acorn consumer classification system
- The borough’s working age population is over 157,000 with 34.2% profiled in the 25 - 44 year old age group (both of percentages are higher than the national average)
A strong business base
- Over 6,000 businesses in Oldham, spanning key sectors including: advanced manufacturing, health, construction, digital and creative and financial and professional services
- 101,555 registered businesses within a 30 minute drive, Oldham is well placed in the wider business community
- Oldham is home to a number of national and international brands and companies including the Trinity Mirror Group, Diodes Incorporated, Ferranti Technologies, Seton Healthcare Ltd, Park Cake Bakeries, Innovative Technologies, Ambassador Textiles, and Nov Mono Pumps
- The borough is also home to a number of local and national public organisations including Guinness Northern Counties, First Choice Homes Oldham, Voluntary Action Oldham, Pennine Acute Hospitals Trust, The Christie NHS Foundation Trust, and Greater Manchester Waste Disposal Authority.
State of the art education
- Oldham has an improving pattern of educational attainment, with GCSE’s results improving for the 13th successive year and an A-Level pass rate of over 98%
- Over 43% of the population have a degree, diploma, A/AS level or apprenticeship
- There are around 10,000 full and part-time students in Oldham
- Oldham is home to a number of high quality Higher and Further educational facilities including University Campus Oldham, Oldham College, Oldham Sixth Form College and the Regional Science Centre Oldham.
A superb, family friendly, quality of life
- Oldham offers a fantastic quality of life, centred on its strong cultural heritage, leisure and independent retail offers
- Oldham is home to many historic buildings, such as the beautiful Parish Church and Grade II listed Old Town Hall, and offers high quality cultural attractions such as Gallery Oldham, Oldham Coliseum, Shaw Playhouse, and Saddleworth Museum
- The cultural and leisure facilities in Oldham town centre are undergoing substantial regeneration. This has included the opening a new ODEON cinema and restaurant complex and a new leisure centre. Funding is also in place to deliver a new Arts and Heritage Centre and a new Oldham Coliseum Theatre in the Cultural Quarter.
- Residents enjoy a wider variety of shopping experiences on their doorstep, from high street chains in the Spindles Town Square shopping Centre, to independent shops, boutiques and a range of traditional and specialist markets
- Oldham benefits from a high-quality rural and semi-rural environment, including a quarter of the borough lying within the Peak District National Park
- Working with a range of private sector partners, Oldham Council is helping deliver plans for a number of high quality new homes across the borough
- Household sizes in the borough are generally in line with the national average, but with slightly more single person households (17.9% of Oldham’s population, against 15.5% nationally).