Household income. Where are you?

[chonka901]

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.

93%
Benefit of partner working away thus earning a lot more than he would where we live.
However, our household income isnt really that big and i dont work full time. Small 2.5 bed semi, so I suppose they take that into account hence question re council tax.

I already knew we were very fortunate compared to others.

96% which is surprising given that there are two of us and I am the sole earner

50%, Mr and Mrs Average 😁.

Sounds about right although I feel more well off than that if I'm honest, probably because I grew up really poor so feel like we're doing very well in comparison.

95%

I’m a single parent in a 2 bed in London and whilst comfortable I most certainly am not rich in terms of available spending money.

“you have a higher after housing cost income than around 94% of the population - equivalent to about 62.9 million individuals.”

That calculator is fucked.

Realise you were meant to take off tax and NI from earnings.

However also hadn't added in other income which then put me back where we started.

92% - feels surprising as we're not loaded, but we are doing OK and don't generally need to worry about money.

I honestly have no idea what this is supposed to be showing?

Ah didn’t notice the after tax bit! Gone down to 86%

39percent, I'm poor and I know it

97pc and we still rent. Ten years till retirement and no way to pay the rent then. Interesting times coming.

Edit didn't see it was after tax 83pc

Same. Mine’s has now gone down to a mere 90% better off than the rest of the population.

<weak laugh as she gazes around the wreck of a home she can’t afford basic decorations for>

it's because of housing why so many with a relatively high income don't feel it. So you could be in the 80% category but then if you accounted for housing costs dropped down to 60%. Lots of people don't have a mortgage or have a small one.

After rent bills food savings.
Im left with 600 to play with and most of that goes in my savings as i dont need to spend it.

48%.

Are people entering net income?

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.

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.

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

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’.

97% apparently??

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.

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

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