About the data
Gross disposable household income (GDHI) is almost identical to the national and regional average indicating that standard of living in Devon is similar to the national average. A higher disposable income generates a greater level of demand in the local economy.
Over the past few years GDHI has been increasing at a steady rate and this is most likely attributable to either a falling cost of living and or rising earnings. A large retired population with earnings from private investment helps to support the level of GDHI and increases spend in the local economy.