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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:
peuisgkres · 26/01/2025 12:17

I put in net but added back my student loan and pension contribution.

Ginorchoc · 26/01/2025 12:17

d 7% of the population - equivalent to about 4.7 million individuals.

I have about £17 a week to live on after bills, work full time not entitled to any assistance.

peuisgkres · 26/01/2025 12:17

82%, we were closer to 90% last time I did this, wonder if it's because one of ours is a teen now.

lollylawyer · 26/01/2025 12:15

71% not including housing costs
43% after housing costs

I earn the type of salary that is generally considered very good on MN but I have 3 kids 2 of whom are teens single parent and my mortgage is mega

Miralaine · 26/01/2025 12:14

My net income is £4600 as a single parent. So I’m at 86% but I have no-one to share the mortgage with etc. Hence not feeling loaded - but definitely don’t feel poor either.

VonHally · 26/01/2025 12:14

BaronessEllarawrosaurus · 26/01/2025 12:11

Debatable because too many factors are built into that. Is a car payment (if you have one) essential or disposable. How about if you have the heating set to 22 or 16. There's too much wriggle room on bills, I know mine could lower

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 😊

Romanswindowcleaner · 26/01/2025 12:12

It’s pretty pointless as it doesn’t look the value of your asset (eg we have very high mortgage costs but a significant amount of equity) or savings, investments or pension provision. So it gives a picture of where you sit for money coming in but no idea of your overall wealth/comfort/security.

ThatOchreRobin · 26/01/2025 12:12

This reply has been deleted

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

UbiquitousObjects · 26/01/2025 12:12

We came up as better off than 37% of people (used net income and double checked all figures). Which compared to some of the answers on here definitely seems on the 'poorer' side.

For context, we have 3dc and bring in £4800 net per month. Council tax of £250pm.

I'd be interested to see the income/circumstances of those coming in at 80%+ yet claiming to be skint 😁.

I've played around with it - with CT of £250 a month and 3 dc, we'd need net income of nearly £9k a month to be over 80%. I'm not sure how anyone could consider themselves poor on that tbh.

ilovesooty · 26/01/2025 12:11

I'm reasonably comfortably off according to that, but I don't have any mortgage commitments or dependants, so I expected that result.

BaronessEllarawrosaurus · 26/01/2025 12:11

VonHally · 26/01/2025 12:05

Disposable income to me is a better indicator. But that's probably not scientific enough for the statisticians!

Debatable because too many factors are built into that. Is a car payment (if you have one) essential or disposable. How about if you have the heating set to 22 or 16. There's too much wriggle room on bills, I know mine could lower

Mummyoflittledragon · 26/01/2025 12:11

42% doesn’t feel like it but we have a lot of others costs.

ilovesooty · 26/01/2025 12:08

Anniedash · 26/01/2025 12:02

OP, this is MN. If you are anywhere on the scale other than the breadline, you will be absolutely annihilated.

And if you dare complain about getting by on your income, you will be told to ‘read the room’, ‘check your price keg’ and all the other cliches.

These people are akin to frogs who have been boiled for long enough now that they don’t feel the pain anymore when being shafted. They don’t mind being overall poorer as long as they get a few scraps in benefits and freebies. Rather than demanding more wealth creation, lower taxes, lower and more efficient public spending.

Our economy is in decline, population is investing massively, unemployment is increasing as businesses may people off, et contributing taxpayers are fleeing the country, taxes are up, borrowing is up, energy costs are through the roof while the government pisses about with the ‘Green agenda’. This country is doomed.

You could just answer the question instead of going on your customary rant.

BaronessEllarawrosaurus · 26/01/2025 12:08

42% calculated with housing costs however only 26% if I discard housing costs (house owned outright so no costs other than water and insurance)

boxyboxs · 26/01/2025 12:06

To get 95% plus doesn't your income need to be 220k plus?

LadyRoughDiamond · 26/01/2025 12:06

89% - wish it felt like it.

Devilsmommy · 26/01/2025 12:06

Apparently we're better of than 17% of the population 😂

VonHally · 26/01/2025 12:05

Disposable income to me is a better indicator. But that's probably not scientific enough for the statisticians!

abnerbrownsdressinggown · 26/01/2025 12:05

77% which is really surprising - these sort of things usually put us in the top 10% so I'm surprised it is that low tbh.

RhubarbCrumbs · 26/01/2025 12:03

97% apparently??

LostTheMarble · 26/01/2025 12:03

Posting on MN will not give a true response, many of the contributors will have an income of 80k+ which really isn’t representative of the average household income across the uk. That’s not to say that personal circumstances means this higher than average income makes for an easier life (especially living in places like London) but Mumsnet is not going to give a realistic insight. It just winds people up to read that someone is in the top 20% of household income and yet ‘don’t feel like they have much at all’.

TrixieFatell · 26/01/2025 12:03

39% which surprises me. We do okay, have a holiday every year and go out regularly to concerts and the theatre, though only really eat out monthly (but weekly takeaway). We are also supporting our eldest through uni. We own our own home too

cushionfiend · 26/01/2025 12:02

Interesting. I'm a single parent of a 17-y-o. When I put in my earnings, plus the small amount I get in child benefit and maintenance, it puts me on 19%. But once the teenager turns 18 and is technically an adult, so I remove them and those additional amounts, I'm up to 41%. But obvs that doesn't take into account any further costs for supporting the young person at uni or when at home during breaks, etc.

Anniedash · 26/01/2025 12:02

OP, this is MN. If you are anywhere on the scale other than the breadline, you will be absolutely annihilated.

And if you dare complain about getting by on your income, you will be told to ‘read the room’, ‘check your price keg’ and all the other cliches.

These people are akin to frogs who have been boiled for long enough now that they don’t feel the pain anymore when being shafted. They don’t mind being overall poorer as long as they get a few scraps in benefits and freebies. Rather than demanding more wealth creation, lower taxes, lower and more efficient public spending.

Our economy is in decline, population is investing massively, unemployment is increasing as businesses may people off, et contributing taxpayers are fleeing the country, taxes are up, borrowing is up, energy costs are through the roof while the government pisses about with the ‘Green agenda’. This country is doomed.

boxyboxs · 26/01/2025 12:02

Are people entering net income?

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