St Albans District has a vibrant local economy. The District has approximately 9,500 businesses of which a high percentage are SMEs. The District is known for being a popular visitor destination and for its strengths in professional services and technology, particularly environmental and building technologies.  Two world class centres of excellence which specialise in research and development are based in the District; Rothamsted Research and BRE 

The District has a strong entrepreneurial base with a highly skilled workforce.  Only 32 km to central London, the District is extremely well connected in terms of strategic transport networks.   Major road routes include the M1, M10, M25 and A1 (M) motorways. 

St Albans and Harpenden are served by fast train line routes to and through London with connections to European destinations at St Pancras and direct access to Gatwick and Luton airports. 

Recent developments have included the creation of an Enviro Tech Enterprise Zone (EZ) with neighbouring Dacorum Borough Council and a St Albans Business Improvement District (BID) in the City centre

The retail vacancy rate in the District was 5.8% in September. This information covers 10 Parishes (including the non-parished area in the City) and is extracted from the Council's business rates database. The vacancy rate for Town Centre’s in England (exc retail parks and shopping center’s) during 2016 was 11.3% according to figures from the Local Data Company. 

The number of people claiming Out of Work Benefits in the St Albans City and District in October 2017 was 810 people or 0.9%. This is 20 fewer than September and 65 more than October 2016.
The Claimant Count for England is 2.2%.

Other useful data sources for information on St Albans:

Date of last review: 15 November 2017