Household Income Top 10 Percent Uk
In the years since the great recession the bottom 90 saw annual wage growth of just 6 8 compared to the top 0 1 which experienced 19 2 growth.
Household income top 10 percent uk. The top decile of single adults earn a median income of 60 500 compared to just 8 600 among the bottom decile. The percentile points have been independently calculated on total income before tax and total income after tax. Those in the top 10 saw 9 6 growth. The hmrc figures show that more than a quarter of people had no unearned income in 2015 16 and those who did made 28 on average compared with nearly 40 000 among those in the top 10.
For a couple with two children the median income of the top 10 is 151 400. In february 2019 the office for national statistics published using tax data to better capture top earners in household income inequality statistics. Published 1 december 2012 last updated 26 june 2020 show all updates. Mean disposable household income in the united kingdom 1977 2019 by income quintile the most important statistics average full time hourly wage in the uk 1997 2020.
The wealthiest 1 of households hold about 20 of household wealth the top 5 of hold approximately 40 and the top 10 hold over 50 of wealth see table 1 of alvaredo et al. This will be fully incorporated in the survey based estimates for fye 2019 release. Our friends at the tax office probably have the most accurate information on this but the catch is that the figures they put into the public domain are never bang up to date.