Annual salaries of people living in the Boston area are on average the lowest in the East Midlands, a new study has revealed.
The borough was ranked 40 out of 40 local authorities in the region in terms of how much, on average, its residents earned in the 2013/14 financial year.
Its figure of £24,500 per year is dwarfed by that of top-of-the-table Rushcliffe, in Nottinghamshire, where salaries were found to be £41,000 a year on average.
It also falls several thousand pounds short of the regional and national averages of £30,200 and £33,500 respectively.
The analysis has been carried out by workforce solutions firm ManpowerGroup based on the latest data from the Office for National Statistics.
Operations manager at Manpower Gregg Hollis said investment is often focused on urban rather than rural areas.
Despite Boston’s lowly position, he spoke positively about the borough’s fortunes.
He said average annual earnings in the borough had climbed by 8.9 per cent rise on the previous year, compared with a 0.2 per cent drop across the region.
He also pointed to ‘a very positive market place at the moment in the world of work’ plus growth in the East Midlands, particularly in the manufacturing sector.
This, he said, brought opportunities for people willing to travel.
“There are many positives on the doorstep of Boston,” he said.
Justin Brown, enterprise commissioner at Lincolnshire County Council, also gave an upbeat account on the borough’s prospects in light of the study.
He said: “Jobs in Boston tend to be in the traditional industries, so it’s unsurprising that it has lower-than-average rates of pay.
“However, projects such as the Quadrant development and expansion of Boston College – combined with the county council’s own business-support programmes – will help attract new employers from new sectors to the area. It’s also worth remembering that areas like Rushcliffe tend to have substantially higher living costs, helping balance things out to some extent.”