This indicates that finding a job opportunity in this area may be a little bit difficult. This is mostly a commuter town and not a place where you will expect to be working in a company located a few metres away from your home. However, there are some excellent employers in Paignton that offer exciting job opportunities to residents. Most people who work in the town are engaged by the hospitality, finance, and insurance sector. The hospitality industry particularly provides a significant number of job opportunities for residents.
The company is listed on the London Stock Exchange and employs thousands of employees. This is a giant engineering company that runs the main refit, maintenance, and workshop area of the over acre naval site known as the Devonport Royal Dockyard.
There are over 80 companies in the larger Devon County that offer residents exciting job opportunities to help them take care of their needs. Most people who live in Paignton can easily secure job opportunities anywhere in Devon. Therefore, there is nothing to worry about if you are thinking of moving to Paignton.
Property prices tend to vary greatly depending on the neighbourhood and the amenities offered. Homes located in the holiday hotspots are often overpriced while properties located slightly far away from these spots are relatively cheaper than the national average. When hunting for a property in Paignton, make sure that you start by looking at the properties located far away from the holiday hotspots since it can save you a lot of money in the long run.
If you are thinking of moving to the UK from a foreign country, do your research online before you make up your mind. Are you looking for a relaxed and exciting place where you can spend your life once you retire? Paignton is the place to be. This is an exotic place that is located far away from the busy city life. It also has a superb climate which means that you will be spending most of your time at the beach or travelling around. The town has a wide range of affordable retirement homes.
A top-rated company named Renaissance Retirement has set up two incredible retirement developments close to the town that offers independent living in a serene and luxurious environment. The percentage of residents in Paignton rating their health as 'very good' is less than the national average.
Also the percentage of residents in Paignton rating their health as 'very bad' is more than the national average, suggesting that the health of the residents of Paignton is generally worse than in the average person in England. The population of Paignton as a whole, is older than the national average. The population of Paignton is also older than the average, making Paignton a older persons location.
After the introduction of Universal Credit, the government no longer publishes unemployment figures as a percentage of the working population and has no further plans to do so. They do however publish the number of Universal Credit claimants in every local district council. We have taken the LDC that includes Paignton and compared it to the nearest councils. Please be aware that Universal Credit is a in and out of work benefit.
Therefore these figures are an indicator of BOTH unemployment and underemployment. Paignton is in the local authority with the highest number of Universal Credit claimants in the area. These figures below on the claiming of legacy benefits in Paignton are dated.
Torbay has pockets of severe deprivation, and also areas of relative affluence. As a local authority area, Torbay is amongst the most deprived in England - see figure 3. Torbay is the most deprived local authority area in the South West region. Conversely, areas in yellow are amongst the least deprived in England. People in more deprived communities tend to experience multiple long-term conditions and generally have poorer health outcomes, such as shorter life expectancy.
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