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Original poster

Household income. Where are you?

416 replies

chonka901 · 26/01/2025 11:43

https://ifs.org.uk/toolsanddresources/wheredooyoufitt_in

Using this link and putting in everything joint net income ,including child benefit and maintenance which I think it takes into account. It has us at 73 percent. Not a stealth boast before any states that. Genuinely surprised.

I certainly don't feel like this but appreciate people survive on less. It doesn't take into account mortgages, rent, generational wealth, inheritance, childcare etc so is a guide.

It is eye opening though.

I feel poor compared to my friends though. We definitely are not the London elite. Just public sector workers in the North. I guess the maintenance helps. My friends must be in the top 20 percent.

OP posts:
pinkroses79 · 26/01/2025 13:32

I got 58%. But this isn't what I feel like, I am a single parent with a low paid job and some UC top up. I never have any money left and wouldn't be able to afford rent or get a new mortgage if I needed to.

WhatATimeToBeAlive · 26/01/2025 13:32

52% but we have no mortgage.

Linens · 26/01/2025 13:32

97%
I actually thought it would be higher. There aren’t many people who earn as much as DH.
I do feel we have a lovely life though, no pleading poverty here.

Streetsofkenny · 26/01/2025 13:32

I'm not sure how accurate this thing is. Without taking housing into account it has us at 34%. Yet after housing, which is zero as we have paid off our mortgage, it only pushes us up to 38%!
I certainly wouldn't say we were well off under any circumstances, but we're not poor. Our total household income including work income, pension and benefits is under £50k but I see people on with a household income of 3, 4, 5 times that much complaining about how poor they are!
I get that we don't have a mortgage any more but even accounting for that, 62% of the population are seemingly better off than us.

BaronessEllarawrosaurus · 26/01/2025 13:31

Bushmillsbabe · 26/01/2025 13:30

We came in at 46%, which I was suprised at, with a pre tax household income of about 95k I thought we would be higher, our mortgage is £1400 a month which I think is average to most mortgages/rent. I think what skews it is our absolutely ridiculous council tax bill of 3.5k for a 3 bed house.

Did you add your full mortgage or just the interest

whosaidtha · 26/01/2025 13:30

This reply has been deleted

This has been deleted by MNHQ for breaking our Talk Guidelines.

This. I'm 36% and find it hard when people with twice our income plead poverty.

AGovernmentOfLawsNotOfMen · 26/01/2025 13:30

ManchesterLu · 26/01/2025 13:26

6%. But that doesn't tell the whole story. We have no mortgage, and have other assets. That's just taking into account our monetary income.

Agree
The calculator could easily ask mortgage, bill etc payments to be a little more accurate.

BaronessEllarawrosaurus · 26/01/2025 13:30

VonHally · 26/01/2025 12:14

I get what you're saying, but to me disposable income is after all expenses necessary for YOUR lifestyle and needs. That would include bills, cars, whatever. The leftovers after all those necessities for YOU is your disposable income. The fun money 😊

Show quote history

But that's the point it's still negotiable why would someone who claims to need the house at 24°c and drive an suv be able to claim those as necessary deductions when someone else simply can't afford those to be able to eat, both could end up with the same disposable but completely different lifestyle

Bushmillsbabe · 26/01/2025 13:30

We came in at 46%, which I was suprised at, with a pre tax household income of about 95k I thought we would be higher, our mortgage is £1400 a month which I think is average to most mortgages/rent. I think what skews it is our absolutely ridiculous council tax bill of 3.5k for a 3 bed house.

Scottishgirl85 · 26/01/2025 13:29

99%. We are incredibly fortunate in many ways, but definitely wouldn't class ourselves as rich. Not many questions are asked, so it's very generalised!

boxyboxs · 26/01/2025 13:28

Remember only about 4% of the population earn 100k plus. So having so many 100k plus earners married to someone earning 100k plus in a thread with 150 replies is not representative...

Bloodycatswakingmeuponasaturday · 26/01/2025 13:28

96, Although certainly doesn't feel like that at the moment.

ThatSchoolOfficeLady · 26/01/2025 13:27

46% I have everything I need.

familyissues12345 · 26/01/2025 13:26

81% here

ManchesterLu · 26/01/2025 13:26

6%. But that doesn't tell the whole story. We have no mortgage, and have other assets. That's just taking into account our monetary income.

Stravaig · 26/01/2025 13:25

3%. Which is pretty much how it feels.
Fuck knows how the 2 million people who are poorer than me are surviving.

SnarkSideOfLife · 26/01/2025 13:25

93%. Things feel slightly tight at the moment as adult Dd has been made redundant so am supporting her.

Mirrorxxx · 26/01/2025 13:24

94% but no dc

Scirocco · 26/01/2025 13:23

shuggles · 26/01/2025 13:11

@Scirocco I never claimed it was necessary.

You did. The problem with writing things down is that people can go back and see what you have written.

It's also, just to annoy you more, a tax-deductible business expense for some people.

Same as all cars.

I think you might be mis-reading. Saying something is useful is not the same as saying it's necessary.

Why do you dislike SUVs so much? They're perfectly reasonable cars for many people to drive.

ThatOchreRobin · 26/01/2025 13:22

This reply has been deleted

This has been deleted by MNHQ for breaking our Talk Guidelines.

AGovernmentOfLawsNotOfMen · 26/01/2025 13:22

We are at 99% which I find very surprising
but then the kids are at Uni so no longer counted 🤷‍♀️

TorroFerney · 26/01/2025 13:21

91 without housing costs, 93 with. I’m pleased with where we are , neither of us went to uni and I had parents who left school at 14 and alrhough they knew that school was important and wanted me to do well never had the ability to guide me career wise. In fact my dad thought any job that wasn’t a manual one was lesser and , after an afternoon in the pub loved telling me that.

VonHally · 26/01/2025 13:20

It's just numbers. I'm guessing that most will actually know how they are fixed without the need for such calculators which only serve to make people who are struggling feel even worse. Those in the top 50% or so who struggle do so because of lifestyle choices including massive mortgages and other "optional" luxuries that to them are normal expenditure.

I expect a slew of indignation for this post. I am in the top 50% and I know it and am enjoying it. Mostly down to choices I made regarding discretionary expenditure.

stargirl1701 · 26/01/2025 13:20

94% which seems right.

StormingNorman · 26/01/2025 13:19

99%

Doesn't bloody feel like it when we’re moaning about the price of cat food etc!

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