In January 2025, the top one percent of earners in the United Kingdom received an average pay of 15,882 British pounds per month, compared with the bottom 10 percent of earners who earned 813 pounds a month.

In 2024, the average annual full-time earnings for the top ten percent of earners in the United Kingdom was 72,150 British pounds, compared with 22,763 for the bottom ten percent of earners.

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.

Households in the bottom decile in the United Kingdom earned, on average, 18,706 British pounds per year in 2022/23, compared with the top decile which earned 185,358 pounds per year.

Annual estimates of paid hours worked and earnings for UK employees by sex, and full-time and part-time, by region, and public and private sector, and non-profit bodies and mutual associations. Hourly and weekly estimates are provided for the pay period that included a specified date in April. They relate to employees on adult rates of pay, whose earnings for the survey pay period were not affected by absence. Estimates for 2020 and 2021 include employees who have been furloughed under the Coronavirus Job Retention Scheme (CJRS). Annual estimates are provided for the tax year that ended on 5th April in the reference year. They relate to employees on adult rates of pay who have been in the same job for more than a year.

In 2022/23, the top quintile of earners in the United Kingdom had an average household disposable income of approximately 68,406 British pounds, compared with 16,363 for the bottom quintile.

Data on the average annual gross salary percentiles in the United Kingdom (UK) in 2020, by gender, shows that while women's average annual gross pay for the tenth percentile was around 6.8 thousand British pounds in 2020, the male average was more than twice as high in the same percentile. The female percentile with the highest annual pay averaged at 45.3 thousand British pounds, but was exceeded by the male average by 65 thousand in 2020.

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.

Households in the lower income quantiles in England in 2024 were more likely to own a household outright than to be currently buying with a mortgage. As the weekly gross income of a household goes up, so does the likelihood that it occupies a home purchased with a mortgage. Of households in the first quantile (lowest income), 4.1 percent were buying with a mortgage, compared to 39.3 percent in the fifth quantile (highest income).

Mean and median average gross annual household income for Output Areas, Lower SOAs, Middle SOAs, Wards and Boroughs, London, 2011/12

This income data is unequivalised - that is it takes no account of average household size or composition within each area.

A full description of how the estimates were put together can be read in this GLA Intelligence Unit Update.

Download:

• Excel (all geographies included in single spreadsheet)

Or **Open: **

- Atlas (or click on image below)

These are experimental income estimates, which means that they are in the testing phase. Feedback is welcome with the intention that the model will be improved in future years if possible. Please send any comments to the Datastore email address.

This GLA Intellingence Update paper presents analysis of the headline findings of these data.

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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.

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

FOCUSON**LONDON**2010:**INCOME**AND**SPENDING**AT**HOME**

Household income in London far exceeds that of any other region in the UK. At £900 per week, London’s gross weekly household income is 15 per cent higher than the next highest region. Despite this, the costs to each household are also higher in the capital. Londoners pay a greater amount of their income in tax and national insurance than the UK average as well as footing a higher bill for housing and everyday necessities. All of which leaves London households less well off than the headline figures suggest.

This chapter, authored by Richard Walker in the GLA Intelligence Unit, begins with an analysis of income at both individual and household level, before discussing the distribution and sources of income. This is followed by a look at wealth and borrowing and finally, focuses on expenditure including an insight to the cost of housing in London, compared with other regions in the UK.

See other reports from this Focus on London series.

REPORT:

To view the report online click on the image below. Income and Spending Report PDF

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PRESENTATION:

This interactive presentation finds the answer to the question, who really is better off, an average London or UK household? This analysis takes into account available data from all types of income and expenditure. Click on the link to access.

PREZI

The Prezi in plain text version

RANKINGS: https://londondatastore-upload.s3.amazonaws.com/fol/fol10-income-tableau-chart-thumb.jpg" alt="Alt text">

This interactive chart shows some key borough level income and expenditure data. This chart helps show the relationships between five datasets. Users can rank each of the indicators in turn.

Borough rankings Tableau Chart

MAP:

These interactive borough maps help to geographically present a range of income and expenditure data within London.

Interactive Maps - Instant Atlas

DATA:

All the data contained within the Income and Spending at Home report as well as the data used to create the charts and maps can be accessed in this spreadsheet.

Report data

FACTS:

Some interesting facts from the data…

● Five boroughs with the highest median gross weekly pay per person in 2009:

-1. Kensington & Chelsea - £809

-2. City of London - £767

-3. Westminster - £675

-4. Wandsworth - £636

-5. Richmond - £623

-32. Brent - £439

-33. Newham - £422

● Five boroughs with the highest median weekly rent for a 2 bedroom property in October 2010:

-1. Kensington & Chelsea - £550

-2. Westminster - £500

-3. City of London - £450

-4. Camden - £375

-5. Islington - £360

-32. Havering - £183

-33. Bexley - £173

● Five boroughs with the highest percentage of households that own their home outright in 2009:

-1. Bexley – 38 per cent

-2. Havering – 36 per cent

-3. Richmond – 32 per cent

-4. Bromley – 31 per cent

-5. Barnet – 28 per cent

-31. Tower Hamlets – 9 per cent

-32. Southwark – 9 per cent

Estimates of annual household income for the four income types for Middle layer Super Output Areas, or local areas, in England and Wales.

The median annual earnings for full-time employees in the United Kingdom was approximately 37,430 British pounds in 2024, compared with 34,963 pounds in the previous year. At the start of the provided time period, in 1999, the average full-time salary in the UK was 17,803 pounds per year, with median earnings exceeding 20,000 pounds per year in 2002, and 30,000 by 2019. Wages continue to grow faster than inflation in 2024 Between November 2021 and July 2023 inflation was higher than wage growth in the UK, with wages still outpacing inflation as of April 2024. At the peak of the recent wave of high inflation in October 2022, the CPI inflation rate reached a 41-year-high of 11.1 percent, wages were growing much slower at 6.1 percent. Since that peak, inflation remained persistently high for several months, only dropping below double figures in April 2023, when inflation was 8.7 percent, down from 10.1 percent in the previous month. For 2023 as a whole, the average annual rate of inflation was 7.3 percent but is forecast to fall to 2.2 percent in 2024, and 1.5 percent in 2025. Highest and lowest-paid occupations As of 2023, the highest-paid occupation in the UK was that of Chief Executives and Senior Officials, who had an average weekly pay of approximately, 1,576 pounds. By contrast, the lowest-paid occupation that year was that of retail cashiers, and check-out operators, who earned approximately 383 pounds a week. For industry sectors as a whole, people who worked full-time in the electricity, gas, steam and air conditioning supply sector had the highest average earnings, at 955 pounds a week, compared with 505 pounds a week in the accommodation and food services sector, the lowest average earnings in 2023.

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 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.