Finance and accounting in South West

Finance analyst jobs in Torbay

The 2021 census counted 439 residents working as finance professionals living in Torbay.

Finance analyst building a forecasting model at a two-screen desk

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Published figures for Torbay

What the official data says about Torbay

At the census in March 2021, 439 people living in Torbay were in work as finance professionals. It was 0.74% of everyone in work in the area. That count put Torbay 14th of 15 areas in the South West, where the middle area recorded 1,881. Plymouth was the next area up.

Full-time pay across all jobs in Torbay, every occupation counted together, had a median of £30,873. That is 14th of 14 in the South West, against a regional middle of £36,427. Work of this kind pays £45,986 across the region, which is £15,113 more than the typical Torbay job, about 49% above it.

Analysts cluster where the financial firms are: Torbay had 380 employee jobs in financial services, insurance and related activities in 2024, out of 48,000 employee jobs in the area altogether. At 0.79% of every job here, that ranks 14th of 15 in the South West, where the middle area sits at 1.12%.

Residents in work as finance professionals (SOC 242): 439
Median full-time pay for finance professionals across the South West: £45,986
Finance professionals, share of everyone in work in the area: 0.74%
Employee jobs in the area in financial services, insurance and related activities: 380
Median full-time pay across all jobs in the area: £30,873
Residents of the area in work at the census: 58,934
Employee jobs in the area, all industries: 48,000

Reporting period: ONS Census, 2021. ONS Business Register and Employment Survey, 2024. ONS Annual Survey of Hours and Earnings by occupation, 2025 provisional. ONS Annual Survey of Hours and Earnings, 2025.

Census counts are people who LIVED in Torbay and were in work in that occupation in March 2021. They are not jobs located in the area, and they are not adverts. They are also published for a group of related occupations (minor group 242) rather than for a single job title, because that is the finest detail the census publishes at local authority level. That group covers chartered and certified accountants, finance and investment analysts, advisers and taxation experts.

Job counts are employee jobs that exist in Torbay, counted once a year by a survey of businesses. They are not adverts, and they are not a measure of how many roles are open. They count a different population from the census figures above, so the two are never divided by one another.

The pay figure for this occupation covers South West, not Torbay on its own. ONS does not publish pay by occupation at local authority level at all, so every area in the region shares this number and no narrower published figure exists.

The area pay figure covers every occupation in Torbay together. It is the only pay figure published for the area itself, and it is not a pay figure for this role.

Medians, not averages. Half the jobs counted paid less than the figure shown. What any individual advert pays is on the advert.

The finance analyst role

Analysis is the part of finance that faces forwards. Forecasts, models, business cases, investment appraisal and the question of what a decision would do to the numbers before anybody commits to it.

Full guide to finance analyst jobs

Finance analyst jobs in Torbay: common questions

How many people do this kind of work in Torbay?

439 residents of Torbay were in work as finance professionals at the 2021 census, which was 0.74% of everyone in work there. That counts people who live in the area, whether or not they work there, and it is not a count of current vacancies.

What does this work pay around Torbay?

Across the South West, £45,986 is the median for finance professionals. In Torbay itself the median across all occupations together is £30,873. ONS publishes pay by occupation for regions rather than for single councils, so the first figure covers the whole region. What any particular advert pays is on the advert.

Is there much of this work based in Torbay?

380 of the 48,000 employee jobs in Torbay are in the industries this role sits in, on the 2024 business survey. That counts jobs located in the area rather than people living there, and it is a count of jobs that exist, not of jobs being advertised.

Where these figures come from

Local occupation figures: ONS Census 2021, table TS064, occupation by minor group, accessed via NOMIS. Contains public sector information licensed under the Open Government Licence v3.0. Dataset page
Industry job counts: ONS Business Register and Employment Survey 2024, accessed via NOMIS. Contains public sector information licensed under the Open Government Licence v3.0. Dataset page
Pay by occupation: ONS Annual Survey of Hours and Earnings 2025 provisional, Table 14 (United Kingdom, four-digit SOC 2020) and Table 15 (work region, three-digit SOC 2020). Contains public sector information licensed under the Open Government Licence v3.0. Dataset page
Local pay figures: ONS Annual Survey of Hours and Earnings 2025, workplace analysis, accessed via NOMIS. Contains public sector information licensed under the Open Government Licence v3.0. Dataset page

Contains public sector information licensed under the Open Government Licence v3.0. Read the licence.

Figures are republished as the publisher released them for Torbay. Where a figure is blank, the publisher withheld it to protect a small sample. Nothing on this page is estimated, modelled or filled in from a national average.