What do you consider a ‘high’ earner?

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In my head, a ‘high earner’ is someone who never really has to think about money. So, perhaps £200K and up. However, I’ve recently seen threads where people on circa £50K are described as ‘high earners’. As a Londoner, that seems like madness to me, but these things are obviously very dependent on where you are.

So, I’m curious. Where do you live and what would you consider a high salary?

Therefore you admit you wouldn't be living the high life anywhere else and would continue to have to cut your cloth. Thanks for proving my point

Earnings are meaningless compared with disposable income. Our household income puts us in the top 9%. Factor in no mortgage and that probably moves us up again. Our household income would look very different with a mortgage and childcare.

Well this thread has just made me feel really crap about myself 😭😭

A friend of mine is a fantastically high earner - last year made just over £60k!!!

Sounds a bit average until you realises they only worked 36 billing days (of which 4.5 were spent eating / drinking / sleeping whilst travelling in a first class jumbo jet seat) 😂

Midlands City. To me 60k+ would be a high earner. DH and I combined earn a little more than that though but it one of us earnt that much I think we would feel very comfortable! As things are I'm pregnant but expecting we can't afford for me to have a full year of mat leave and we're a bit worried about the impact cost of living increases will have. Luckily we own a house and recently fixed our mortgage rate so at least that should be manageable for a while

www.statista.com/statistics/416139/full-time-annual-salary-in-the-uk-by-region/

Anyone paying more than the BR of tax.

250 k to be a high earner in London!!!!! Jesus Christ.

i earn 55k and don't consider myself a high earner at all - it's a good salary but maybe a medium earner

for me a high earner would be 100k plus and 'rich' would be 250k plus

6 figures. I wouldn’t consider 50k ‘high’ even though I know it’s a decent salary.

The majority of people in London earn way less than £100k. I live in zone 2 and know I am in the minority here for being a higher earner.

The people on this thread who say that you have to earn £250k in London to afford anything other than a box, are just in a bubble. You don't have to earn £250k and most people don't earn anything like that. Even in London most people don't go on holidays, don't buy expensive clothes and have to shop carefully. Of course there are bubbles of lawyers, bankers, finance people, but they are just that: bubbles. They are not reality. So I consider high earning to be above £60k or thereabouts.

This is great, and my feelings about my income bracket are exactly as you describe!! 😂

I’d say 250k upwards

You’re asking for the definition of a high earner though.

Of course most people aren’t high earners. We are not asking what is the average salary in London.

High earners are in that bubble. Depending on your definition of a high earner.

High earner are not those that can’t afford holidays or have to shop carefully!

What point? Disproving my wistful hypothetical? That’s…weird.

Okay, if I were somehow earning my salary but lived outside London, I’d be living the high life. But, I can’t, so I’m not and it’s a fantasy. Is that okay with you?

That’s a really fair point.

South East - £100,000 minimum

£70k+ I live in the North but have friends in London that are on pretty average wages, the average median wage is London is £40k compared to £30k for some of the poorer regions so people who are saying you need to be on £250k to be considered a high earner in London are on another planet.

I'd say double the average median wage of your region definitely makes you a high earner.

In 2019 the average UK citizen took 3.9 holidays of which 1.9 were abroad and 2 in the UK

www.statista.com/statistics/480184/average-number-of-abroad-holidays-per-person-in-the-uk/

That's a lot of holidays. I don't know anyone who takes that many holidays!

MN at its best.

I earn just over £50k but am a single parent of two school aged children with no financial support from their absent parent, no savings, no other income, renting. We're under- occupying because I keep a spare room for my adult daughter who has significant mental health issues. I am entitled to c£60 universal credit pw and am incredibly grateful.

I always thought £50k+ was a high income but we are just getting by. Fuck knows what people with lower incomes in my position do. I've cut everything to the bone, the only thing left to go is disney+ but my boys understand this is instead of cinema trips. we've got the cheapest everything else, I could drop my union sub but feels perverse. We could get rid of the cat but that would impact the boy's (and my) mental health. We don't have a car, we are massively lucky to be in walking distance of the children's schools and a city centre.

I wil have to move and drop the spare room I know this. Fucking awful to feel that sanctuary for your child is a luxury. I'll try to find somewhere with a separate reception room so I can sleep there when she needs our space. We've been lucky to date, rent a house where me and youngest on first floor with bathroom, eldest and daughter share second floor with a shower room.

When I passed about £40k I stopped looking at benefit calculators because I assumed I wouldn't qualify, it was only listening to a BBC R4 prog yesterday that opened my eyes.

Not this again, does it really matter??

300k and over.

The UK has 38M tax payers
81.9% earn less than £50k
16.2% of these or 6.1M earn over £50k but under £150,000
1.9% of these or 720,000 earn over £150,000

inews.co.uk/inews-lifestyle/money/bills/record-number-higher-rate-taxpayers-thresholds-frozen-1716429