The median annual earnings in the United Kingdom was 37,430 British pounds per year in 2024. Annual earnings varied significantly by region, ranging from 47,455 pounds in London to 32,960 pounds in the North East. Along with London, two other areas of the UK had median annual earnings above the UK average; South East England, and Scotland, at 39,038 pounds and 38,315 pounds respectively. Regional Inequality in the UK Various other indicators highlight the degree of regional inequality in the UK, especially between London and the rest of the country. Productivity in London, as measured by output per hour, was 33.2 percent higher than the UK average. By comparison, every other UK region, except the South East, fell below the UK average for productivity. In gross domestic product per head, London was also an outlier. The average GDP per head in the UK was 31,947 pounds in 2021, but for London it was 56,431 pounds. Again, the South East's GDP per head was slightly above the UK average, with every other region below it. Within London itself, there is also a great degree of inequality. In 2021, for example, the average earnings in the historic City of London borough were 1,138 pounds per week, compared with 588 pounds in Redbridge, a borough in the North East of London. Wages finally catch up with inflation in 2023 After the initial economic disruption caused by the COVID-19 pandemic subsided, wages began to steadily grow in the UK. This reached a peak in June 2021, when weekly wages for regular pay were growing at 7.3 percent, or 5.2 percent when adjusted for inflation. By that November, however, prices began to rise faster than wage growth, with inflation surging throughout 2022. In October 2022, for example, while regular pay was growing by 6.1 percent, the inflation rate had surged to 11.1 percent, Although inflation peaked in that month, it wasn't until June 2023 that wages started to outpace inflation. By this point, the damage caused by high energy and food inflation has precipitated the worst Cost of Living Crisis in the UK for a generation.

The median annual earnings for full-time employees in England was approximately 35,106 British pounds in 2023, compared with 33,280 pounds in the previous year. At the start of the provided time period, in 1999, the average full-time salary in England was 17,939 pounds per year, with median earnings exceeding 20,000 pounds per year in 2002, and reaching 30,000 pounds by 2019.

In February 2025, employees in the United Kingdom were earning a median pay of 2,465 British pounds per month, compared with 2,474 in the previous month.

New Earnings Survey (NES) and Annual Survey of Hours and Earnings (ASHE) percentile and median time series by full-time employees, full-time males and full-time females.

In 2024, the average annual full-time salary for men in the United Kingdom was 40,035 British pounds, compared with 34,000 pounds for women, a difference of just over 6,000 pounds. In the previous year, men earned an average annual salary of 37,382, compared with women who earned 31,672.

Wages in the United Kingdom decreased to 711 GBP/Week in January from 712 GBP/Week in December of 2024. This dataset provides - United Kingdom Average Weekly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In the 3 years to March 2021, black households were most likely out of all ethnic groups to have a weekly income of under £600.

Key information about United Kingdom Monthly Earnings

• United Kingdom Monthly Earnings stood at 3,592 USD in Nov 2024, compared with the previous figure of 3,694 USD in Oct 2024
• UK Monthly Earnings data is updated monthly, available from Jan 2000 to Nov 2024, with an average number of 2,857 USD
• The data reached the an all-time high of 3,707 USD in Sep 2024 and a record low of 1,817 USD in Sep 2000

• In the latest reports, UK Population reached 68 million people in Dec 2023
• Unemployment Rate of UK dropped to 4 % in Oct 2023
• The country's Labour Force Participation Rate dropped to 63 % in Oct 2023

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in England. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in England. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in England, householders within the 45 to 64 years age group have the highest median household income at $62,083, followed by those in the 25 to 44 years age group with an income of $46,694. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $35,125. Notably, householders within the under 25 years age group, had the lowest median household income at $25,000.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for England median household income by age. You can refer the same here

Annual estimates of paid hours worked and earnings for UK employees by sex, and full-time and part-time, by work-based region to local and unitary authority level.

Gross weekly and hourly earnings by level of occupation, UK, quarterly, not seasonally adjusted. Labour Force Survey. These are official statistics in development.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in England: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..

Key observations

• Upon closer examination of the distribution of households among age brackets, it reveals that there are 22(2.02%) households where the householder is under 25 years old, 374(34.34%) households with a householder aged between 25 and 44 years, 410(37.65%) households with a householder aged between 45 and 64 years, and 283(25.99%) households where the householder is over 65 years old.
• In England, the age group of 45 to 64 years stands out with both the highest median income and the maximum share of households. This alignment suggests a financially stable demographic, indicating an established community with stable careers and higher incomes.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income brackets:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $100,000 to $124,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Household Income: This column showcases 16 income brackets ranging from Under $10,000 to $200,000+ ( As mentioned above).
• Under 25 years: The count of households led by a head of household under 25 years old with income within a specified income bracket.
• 25 to 44 years: The count of households led by a head of household 25 to 44 years old with income within a specified income bracket.
• 45 to 64 years: The count of households led by a head of household 45 to 64 years old with income within a specified income bracket.
• 65 years and over: The count of households led by a head of household 65 years and over old with income within a specified income bracket.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for England median household income by age. You can refer the same here

Real Earnings Excluding Bonuses in the United Kingdom decreased to 2.10 percent in January from 2.40 percent in December of 2024. This dataset includes a chart with historical data for the United Kingdom Real Average Weekly Earnings Excluding Bonuses.

Average weekly earnings at industry level including manufacturing, construction and energy, Great Britain, monthly, non-seasonally adjusted. Monthly Wages and Salaries Survey.

United Kingdom Average Annual Household Income (AAHI): Gross data was reported at 66,060.000 GBP in 2023. This records a decrease from the previous number of 69,232.000 GBP for 2022. United Kingdom Average Annual Household Income (AAHI): Gross data is updated yearly, averaging 51,088.500 GBP from Dec 1978 (Median) to 2023, with 46 observations. The data reached an all-time high of 70,382.000 GBP in 2008 and a record low of 30,402.000 GBP in 1978. United Kingdom Average Annual Household Income (AAHI): Gross data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.H078: Average Annual Household Income.

The average weekly earnings for full-time workers in the United Kingdom was around 728.3 British pounds a week in 2024, an increase on the previous year, when it was 681.7 pounds a week.