Football League Third Division South 1953/54
| Pos | Club | Pld | W | D | L | F | A | GA | Pts | Notes |
| 1st | Ipswich Town | 46 | 27 | 10 | 9 | 82 | 51 | 1.608 | 64 | ▲Champions |
| 2nd | Brighton & Hove Albion | 46 | 26 | 9 | 11 | 86 | 61 | 1.410 | 61 | Runners Up |
| 3rd | Bristol City | 46 | 25 | 6 | 15 | 88 | 66 | 1.333 | 56 | - |
| 4th | Watford | 46 | 21 | 10 | 15 | 85 | 69 | 1.232 | 52 | - |
| 5th | Northampton Town | 46 | 20 | 11 | 15 | 82 | 55 | 1.491 | 51 | - |
| 6th | Southampton | 46 | 22 | 7 | 17 | 76 | 63 | 1.206 | 51 | - |
| 7th | Norwich City | 46 | 20 | 11 | 15 | 73 | 66 | 1.106 | 51 | - |
| 8th | Reading | 46 | 20 | 9 | 17 | 86 | 73 | 1.178 | 49 | - |
| 9th | Exeter City | 46 | 20 | 8 | 18 | 68 | 58 | 1.172 | 48 | - |
| 10th | Gillingham | 46 | 19 | 10 | 17 | 61 | 66 | 0.924 | 48 | - |
| 11th | Leyton Orient | 46 | 18 | 11 | 17 | 79 | 73 | 1.062 | 47 | - |
| 12th | Millwall | 46 | 19 | 9 | 18 | 74 | 77 | 0.961 | 47 | - |
| 13th | Torquay United | 46 | 17 | 12 | 17 | 81 | 88 | 0.920 | 46 | - |
| 14th | Coventry City | 46 | 18 | 9 | 19 | 61 | 56 | 1.089 | 45 | - |
| 15th | Newport County | 46 | 19 | 6 | 21 | 61 | 81 | 0.753 | 44 | - |
| 16th | Southend United | 46 | 18 | 7 | 21 | 69 | 71 | 0.972 | 43 | - |
| 17th | Aldershot | 46 | 17 | 9 | 20 | 74 | 86 | 0.860 | 43 | - |
| 18th | Queens Park Rangers | 46 | 16 | 10 | 20 | 60 | 68 | 0.882 | 42 | - |
| 19th | Bournemouth & Boscambe Athletic | 46 | 16 | 8 | 22 | 67 | 70 | 0.957 | 40 | - |
| 20th | Swindon Town | 46 | 15 | 10 | 21 | 67 | 70 | 0.957 | 40 | - |
| 21st | Shrewsbury Town | 46 | 14 | 12 | 20 | 65 | 76 | 0.855 | 40 | - |
| 22nd | Crystal Palace | 46 | 14 | 12 | 20 | 60 | 86 | 0.698 | 40 | - |
| 23rd | Colchester United | 46 | 10 | 10 | 26 | 50 | 78 | 0.641 | 30 | Re Elected |
| 24th | Walsall | 46 | 9 | 8 | 29 | 40 | 87 | 0.460 | 26 | Re Elected |
-
|
Election for League Membership |
||
| Five non-league clubs challenged the two clubs needing to seek re-election in the vote for League membership. | ||
| Votes | Club | End Result |
| 45 | Colchester United | Re Elected to the League |
| 32 | Walsall | Re Elected to the League |
| 18 | Peterborough United | Not Elected to the League |
| 2 | Worcester City | Not Elected to the League |
| 1 | Merthyr Tydfil | Not Elected to the League |
| 0 | Bath City | Not Elected to the League |
| 0 | Yeovil Town | Not Elected to the League |
-
|
End of Season Notes |
|
▼Brentford were Relegated from the Football League Second Division |
|
▲Ipswich Town were Promoted to the Football League Second Division |
|
- Colchester United were Re-Elected to the League |
|
- Walsall were Re-Elected to the League |
