The median annual salary in Harborough is currently £32,613 and the mean (average) is £42,321 before tax.
The median salary means half of all employees in Harborough earn more than £32,613 and half earn less.
The mean (average) salary number of £42,321 is calculated by taking all the salaries in Harborough adding them up and then dividing by the total number of jobs (currently 31,000 which is 0.13% of all UK jobs).
Over the past 12 months the Harborough median salary of £32,613 has increased by 9.90% which places it 3.20% Above the median salary of the UK as a whole.
The mean salary of £42,321 has increased 11.50% during the same time period and now standards at 10.72% Above the mean salary of the UK.
Income (Before Tax) By Decile In Harborough
Top 10%: x (and above)
Top 20% x
Top 25% x
Top 30% £47,343
Top 40% £39,893
Bottom 40% £28,270
Bottom 30% £24,240
Bottom 25% £22,694
Bottom 20% £24,240
Bottom 10% £13,191 (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Harborough
The median salary of £32,613 works out to:
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- £2,717.75 per month
- £652.20 per week
- £18.57 per hour
The mean salary of £42,321 works out to:
- £3,526.75 per month
- £836.60 per week
- £25.30 per hour
Men vs Women Salary Differences (Before Tax) In Harborough
Of the 31,000 jobs in Harborough, 17,000 (54.84%) were held by men and 15,000 (48.39%) were held by women.
The median salary for men was £39,963 vs £25,856 for women.
The mean salary for men was £52,908 vs £30,061 for women.
This means men in Harborough are paid 54.56% more based on median salaries or 76.00% more based on mean salaries than women.
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(Note this difference does not take into account the type of jobs held by men vs women just raw salary numbers)
Average Take-Home After-Tax Income In Harborough
The calculations below look at how much money the most typical worker gets to keep after income tax, employee national insurance and standard 5% employee pension contributions.
Based on Median Salary of £32,613:
- Salary Subject to Tax: £18,724.35
- Income Tax Owed: £3,744.87
- National Insurance: £1,603.44
- Employee Pension Deduction: £1,318.65
Take-Home Pay: £25,946.04 (79.56% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,109.84
Based on Mean Salary of £42,321:
- Salary Subject to Tax: £27,946.95
- Income Tax Owed: £5,589.39
- National Insurance: £2,380.08
- Employee Pension Deduction: £1,804.05
Take-Home Pay: £32,547.48 (76.91% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,886.48
How Expensive Is It To Employ Someone In Harborough?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Harborough it works out to:
- Salary: £32,613
- Employer National Insurance: £4,141.95
- Employer Pension Contribution: £791.19
Total Cost To An Employer: £37,546.14 per year
Based on the mean pay in Harborough it works out to:
- Salary: £42,321
- Employer National Insurance: £5,598.15
- Employer Pension Contribution: £1,082.43
Total Cost To An Employer: £49,001.58 per year
Income Tax And National Insurance Paid By Workers In Harborough
Finally, how much income tax and national insurance do people in Harborough pay altogether?
The calculations below show the combined totals based only on median and mean salaries. However, the actual number is significantly higher as “The 10% of income taxpayers with the largest incomes contribute over 60% of income tax receipts.”
If all workers in Harborough paid income tax and national insurance based on the median salary of £32,613 the combined income tax and national insurance (employer and employee) paid would be £294,198,060.
If all workers in Harborough paid income tax and national insurance based on the mean salary of £42,321 the combined income tax and national insurance (employer and employee) paid would be £420,596,220.
Harborough Tax Calculator
More Salary Data By City
- Hinckley and Bosworth
- Melton
- North West Leicestershire
- Oadby and Wigston
- Lincolnshire
- Boston
- East Lindsey
- Lincoln
- North Kesteven
- South Holland
All the data presented here comes from the Office of National Statistics.