In 2022/23 the median annual household disposable income in the United Kingdom amounted to approximately ****** British pounds. Between 1994/95 and 2007/08 the average household disposable income showed year-on-year increases, but after this point, income levels began to stagnate and even decline in some years. Although average household disposable resumed a steady growth pattern between 2012/13 and 2016/17, it has fluctuated in more recent years, and declined in the most recent two years. Economic shocks and disposable income The steady growth of disposable income from 1994 to 2008 reflected the generally healthy UK economy in that period. After the global financial crisis, however, the UK economy was plunged into a deep recession that is mirrored by a decline in disposable income. Although there was a period of recovery between 2013 and 2016, the UK economy has suffered a series of economic shocks since that point. The Brexit Referendum of 2016, and the subsequent economic and political fallout, was followed by the COVID-19 pandemic in 2020, and in more recent years by the Inflation Crisis and Ukraine War. Living costs putting UK households under pressure Between January and April 2022, the share of people reporting an increase in their living costs compared with the previous month rose from ** percent to ** percent. This corresponded with significant price increases at that time, with CPI inflation surging from *** percent in February 2021 to a **-year-high of **** percent by October 2022. Although inflation did gradually start to decline in the following months, it wasn't until July 2023 that wages caught up with inflation. The surge in energy and food prices that caused this high inflation, was devastating for UK households, leading to the worst Cost of Living Crisis for decades.

In 2024, the highest median amount of disposable income was among those aged 25 to 34 year-olds, at 43,552 pounds, with the highest mean income among those aged between 55 and 65.

Average UK household incomes taxes and benefits by household type, tenure status, household characteristics and long-term trends in income inequality.

In 2023/24, households in the top decile group in the United Kingdom had, on average, over 71,000 British pounds in equalized disposable household income, compared with the overall average of almost 37,000 pounds.

In 2023/24 the mean disposable income per household in the United Kingdom was ****** British pounds, while the median disposable income for households was ****** pounds

Estimates of UK regional gross disposable household income (GDHI) at current prices for ITL1, ITL2 and ITL3 regions.

Average weekly household expenditure on goods and services in the UK. Data are shown by region, age, income (including equivalised) group (deciles and quintiles), economic status, socio-economic class, housing tenure, output area classification, urban and rural areas (Great Britain only), place of purchase and household composition.

This article examines the effect of VAT on average disposable income for both low income and high income households. Source agency: Office for National Statistics Designation: National Statistics Language: English Alternative title: The effect of VAT on household disposable income

3-year average median equivalised weekly income after housing costs (AHC) indexed to 2022/23 prices. This dataset is one of the Greater London Authority's measures of Economic Fairness. Click here to find out more.

Annual estimates of UK regional gross disposable household income (GDHI) for combined authorities and city regions.

Annual estimates of UK regional gross disposable household income (GDHI) for local authorities by International Territorial Level (ITL) region.

Real household disposable income per person in the United Kingdom is expected to have grown by ***** percent in 2024/25, with disposable income growth slowing from that point onwards. In 2022/23, disposable income fell by *** percent, after falling by *** percent in 2021/22, and *** percent in 2020/21.

In 2023/24, the top twenty percent of earners in the United Kingdom had an average household disposable income of over******* British pounds, compared with ****** for the bottom twenty percent.

This statistic shows the predicted change in real household disposable income in the United Kingdom (UK) between 2017 and 2023, as a percentage change from the same time the preceding year. The real disposable income of the households is forecasted to increase almost every year with the lowest increase rate being 0.4 percent between 2020 and 2021.

The data give estimates of gross disposable household sector income for UK regions and countries, and Welsh sub-regions for the period 1997 to 2023.

United Kingdom UK: Households: Gross disposable Income: Wages and Salaries data was reported at 207,893.000 GBP mn in Dec 2017. This records an increase from the previous number of 205,163.000 GBP mn for Sep 2017. United Kingdom UK: Households: Gross disposable Income: Wages and Salaries data is updated quarterly, averaging 327,863.000 GBP mn from Dec 2008 (Median) to Dec 2017, with 23 observations. The data reached an all-time high of 388,384.000 GBP mn in Jun 2015 and a record low of 196,448.000 GBP mn in Sep 2016. United Kingdom UK: Households: Gross disposable Income: Wages and Salaries data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s UK – Table UK.IMF.FSI: Sectoral Financial Statement: Income and Expense: Quarterly.

Average equivalised disposable income for all households