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Average income

41 replies

hercules · 23/03/2004 15:34

Does anyone know what the average gross income is per person and per household?

OP posts:
fio2 · 23/03/2004 15:37

I thought the average income per household was 21k per annum, induvidually I have no idea although I was told on another thread recently...must pay more attention!!!!

MrsGrump · 23/03/2004 15:41

Ooh! Off to look for New Earnings Survey on the Statistics website... I think the median is about £24k per person and around £26k per household, UK-wide, but the averages may be higher... hold on. It is on another thread somewhere here....

MrsGrump · 23/03/2004 15:45

2002 average gross earnings for full-time workers was £24,603... reckon add on 5-7% for 2004. Those figures will include over-time.

fio2 · 23/03/2004 15:47

sigh my dh must be in the wrong trade

MrsGrump · 23/03/2004 15:49

That includes Londoners, though, Fio2, I can dig out regional figures for... is it STaffordshire where you live?

fio2 · 23/03/2004 15:50

yup but he works in kent atm!!!!

fio2 · 23/03/2004 15:53

sorry I will stop moaning he does earn higher than the national average but not that much more for the type of work he does iykwim. I am not greedy anyway I am quite happy with what we get, I think I am just in bad mood today

MrsGrump · 23/03/2004 15:55

Northwest or West Midlands are both around £22,420 as average in 2002... Keep in mind a small number of very high earners skews the averages up. The median (so 50% of people earn this or less) weekly earnings in 2002 for men working full-time was £420, or £9.96/hour gross (not including overtime).. And that still includes London/SouthEast, so adjusting for your region and to take it to 2004 probably take... 5%? off. Any better?

MrsGrump · 23/03/2004 15:56

oh, right, Kent, well... my DH didn't earn a penny last year except hanging doors for a neighbour, so don't feel too bad!

fio2 · 23/03/2004 15:57

no i feel better already, LOL

CountessDracula · 23/03/2004 15:59

Given that the average price for a FIRST home is now over £100,000 how do those 50% manage to buy a house, ever?

fio2 · 23/03/2004 16:01

i bought my first house 8 years ago for 35k they are now fetching 110k for the same houses, wages havent gone up that much

MrsGrump · 23/03/2004 16:01

They borrow from their parents or other relatives, they save for 5 years, they luck out & get an inheritance, they get 5x multiples on the mortgage, it's ridiculous, really.

hercules · 23/03/2004 16:02

Shared ownership scheme for teachers cdd

OP posts:
CountessDracula · 23/03/2004 16:20

What about non key workers though? It's mad I tell you, mad.

Helsbels · 23/03/2004 16:31

ooh - chance of controversy - I feel that way out today!! Key workers? What about bus drivers that take teachers to work? What about dustmen that clear nurses rubbish? What about school secretaries etc? That key workers thing is a load of bol**s. House prices are unsustainable. We could not afford to buy our average, smaller than we need house if we were looking now and we both earn a fair wage and are =both in our mid thirties - goodness knows how new starters go on, I agree CD - it's all gone completely mad. My mum and dad bought their house in 1966 for £800. approx 1.5 years wages for my dad at the time, I worked out that our house would cost us 4 x average income. It makes me really cross - especially when older people (namely my granny) moan that we 'don't know when we've got it ggod' (can you tell we've fallen out!())

Crunchie · 23/03/2004 16:34

CD they don't manage to buy a house - ever

kiwisbird · 23/03/2004 16:35

well in the postcode next to us, its the highest in the UK -
av household income there in GU51 is £64K
We're moving northward the house prices here have gone mental - we cannot afford to buy in the area we live! On the upside we will get extortionate price for the flat we currently own.

CountessDracula · 23/03/2004 16:46

This is interesting

Table 1 ? Places with high average household incomes
Sector Town Average Income
GU51 1 Elvetham Heath, Fleet £64,000
SW13 8 Hammersmith £63,000
CR 8 3 Woodcote, Purley £60,500
KT24 5 Effingham, Leatherhead £60,100
SL 9 7 Gerrards Cross £59,900
TN15 9 Ightham, Sevenoaks £59,600
RG40 5 Wokingham £59,100
SE21 7 Dulwich £59,100
WD 3 4 Chandlers Cross, Rickmansworth £58,900
NW 3 7 Hampstead £58,800

However the South East does not have an exclusive hold on wealthy areas.
Sectors in towns such as Salford, Warrington, Liverpool, and Wirral, have
postcode sectors ranked in the top 50 in the country.
At the other extreme, the South rarely includes the poorest areas. South of Luton
only Plymouth, Southampton, Portsmouth and Clacton-on-Sea include a postcode
sector amongst the poorest 200 sectors in the country.

Table 2 - Places with low average household incomes
Sector Town Average Income
TS 1 5 Middlesbrough, (Newport Road) £11,100
TS18 2 Stockton-on-Tees, (Portrack Lane) £11,800
LE 1 2 Leicester, St Matthews £11,900
CH41 3 Birkenhead £12,400
G 40 3 Glasgow, Bridgeton £12,900
NE 4 7 Elswick, Newcastle-Upon-Tyne, (Railway Street) £13,000
SR 1 2 Sunderland, (Lawrence Street) £13,200
G 40 4 Glasgow, Parkhead £13,400
L 28 5 Knowsley, (Haswell Drive) £13,400
DN 1 3 Doncaster, (Trafford Way, Cleveland St, Carr House Road) £13,500

Many postcode sectors in town centres are poor but contain very few households.
For the purposes of this table sectors with fewer than 500 households have been
excluded.

2.3 The Wealthiest Areas in Great Britain
This section looks at the concentration of wealth in Great Britain. It identifies the
areas which have the highest proportion of households earning over £100,000 ?
places where the wealthiest people in the country are concentrated.

It becomes apparent that high incomes are concentrated in London and the South
East where the top sectors have well over 10% of their resident households
earning an income of over £100,000. Table 3 shows those areas with the highest
proportion of households earning more than £100,000 and up to £1 million a
year.

Postcode
Sector
Ward Location
% Households
Earning >£100,000
TotalHouseholds

E 14 5 Blackwall Poplar, London 18.0 411
GU51 1 Fleet West Elvetham Heath, Fleet 16.0 552
SW13 8 Barnes Hammersmith, London 15.1 912
G 74 5 G74 4 Thorntonhall, Glasgow 14.2 325
NW 3 7 Frognal Hampstead, London 14.1 2372
KT24 5 Effingham Effingham, Leatherhead 13.8 1769
SE21 7 Ruskin Dulwich, London 13.6 1312
SW19 7 Hillside Merton, London 13.6 2605
SW11 6 Northcote Balham, London 13.5 4098
W8 7 Campden Kensington, London 13.5 2646
KT22 0 Oxshott AndStoke D'Abernon Oxshott,Leatherhead 13.2 1253
TN15 9 Ightham Ightham, Sevenoaks 13.2 589
W 8 5 Queens Gate Kensington, London 12.9 2409
CR 8 3Woodcote and Coulsdon West Woodcote, Purley 12.9 1578
W 8 6 Abingdon Kensington, London 12.6 2943
GU52 0 Crondall Church Crookham, Fleet 12.2 930
E 1W 2 St.Katherine's Bermondsey, London 12.1 2253
WD 3 4 Chorleywood Chandlers Cross, Rickmansworth 12.1 1337
SW14 8 Palewell Mortlake, London 12.0 3862
WD18 8 Holywell Croxley Green, Watford 12.0 296
HP10 8 Tylers Green Penn, High Wycombe 12.0 2149
KT13 0 St.George's Hill St Georges Hill, Weybridge 11.9 2709
W 5 2 Hanger Lane Ealing, London 11.8 4395
TW 1 2 East Twickenham Richmond, Twickenham 11.8 2892
IG10 4 Loughton Forest Loughton, Loughton 11.7 1918

Table 3 - % UK Households earning more than £100,000
8
2.4 The Poorest Areas in Great Britain
The other side of the story is shown in Table 4 which identifies pockets of
significant poverty. It ranks those areas with the highest proportion of households
earning less than £10,000 a year - the poorest people in the whole of Britain.
These pockets of poverty are less geographically concentrated than the wealthy.
The cities of Bradford, Liverpool, Middlesbrough, Leeds and Newcastle all have
postcode sectors with the highest proportion of their resident households earning
an income of less than £10,000.

Postcode
Sector
Ward Location
% Households Earning

bobsmum · 23/03/2004 16:46

hmmmmm...I know 2 teachers who've just bought a reasonably large 3 bed house in the SE. In Scotland, for the price they paid, they could have bought this!

Did I mention we're moving to Scotland?

MrsDoolittle · 23/03/2004 16:48

Helsbels - we are renting in Oxfordshire. Unfortunately that's the way it's gonna stay for the moment we simply couldn't raise the mortgage for a 'one' bedroom flat here. Truth is we won't be able to buy here!

nutcracker · 23/03/2004 17:11

Well we live in birmingham and my dp earns just under 12500 a year.

nutcracker · 23/03/2004 17:13

My god. The H/A flat we live in now would cost us 7.5 times that if we bought. We have no chance of ever buying anything

CountessDracula · 23/03/2004 17:23

nutty you/he are still young - most people of your age don't earn a huge amount but it does go up esp if you change jobs

fio2 · 23/03/2004 17:23

i am suprised stoke on trent was not listed in the lowest

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