BoldonLad
Old man on a bike. Not a member of a clique.
- Location
- South Tyneside
HOUSEHOLD income of £70k pa is top 10%? Which year are you living in?
Reform, and the death of the Tory Party
- Thread starter briantrumpet
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HOUSEHOLD income of £70k pa is top 10%? Which year are you living in?
icowden
Pharaoh
From Google Gemini:
To be in the top 25% of UK households, a household needs a net equivalised disposable income (after taxes and benefits) of around £41,800 to £45,000 per year before housing costs. [1, 2]
A more detailed breakdown of how UK household incomes are distributed reveals exactly where the top 25% sits compared to the rest of the country:
- Top 1%: Over £150,000+ per year
- Top 5%: Over £87,000 per year
- Top 10%: Over £71,100 per year (the richest fifth)
- Top 25%: Approximately £45,000 per year
- Median (Middle): Roughly £36,700 per year [1, 2, 3, 4, 5, 6]
BoldonLad
Old man on a bike. Not a member of a clique.
- Location
- South Tyneside
1. We were not discussing “disposable income” we were discussing gross income
2. Gemini? Yeah
icowden
Pharaoh
I didn't spot that, but :
To be in the top 10% of UK earners, an individual needs a minimum gross income (before tax) of roughly £67,400 per year. This figure represents the 90th percentile across roughly 38 million UK income taxpayers
https://payprecision.co.uk/top-10-percent-salary-uk/
