The median annual salary in North West Leicestershire is currently £32,509 and the mean (average) is £36,566 before tax.
The median salary means half of all employees in North West Leicestershire earn more than £32,509 and half earn less.
The mean (average) salary number of £36,566 is calculated by taking all the salaries in North West Leicestershire adding them up and then dividing by the total number of jobs (currently 39,000 which is 0.17% of all UK jobs).
Over the past 12 months the North West Leicestershire median salary of £32,509 has increased by 16.60% which places it 2.87% Above the median salary of the UK as a whole.
The mean salary of £36,566 has increased 8.40% during the same time period and now standards at 4.34% Below the mean salary of the UK.
Income (Before Tax) By Decile In North West Leicestershire
Top 10%: x (and above)
Top 20% x
Top 25% £46,872
Top 30% £42,708
Top 40% £37,461
Bottom 40% £28,714
Bottom 30% £23,011
Bottom 25% £19,986
Bottom 20% £23,011
Bottom 10% £10,877 (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In North West Leicestershire
The median salary of £32,509 works out to:
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- £2,709.08 per month
- £625.30 per week
- £17.28 per hour
The mean salary of £36,566 works out to:
- £3,047.17 per month
- £727.60 per week
- £21.80 per hour
Men vs Women Salary Differences (Before Tax) In North West Leicestershire
Of the 39,000 jobs in North West Leicestershire, 21,000 (53.85%) were held by men and 19,000 (48.72%) were held by women.
The median salary for men was £38,345 vs £23,574 for women.
The mean salary for men was £41,855 vs £30,729 for women.
This means men in North West Leicestershire are paid 62.66% more based on median salaries or 36.21% 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 North West Leicestershire
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 £32,509:
- Salary Subject to Tax: £18,625.55
- Income Tax Owed: £3,725.11
- National Insurance: £1,595.12
- Employee Pension Deduction: £1,313.45
Take-Home Pay: £25,875.32 (79.59% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,101.52
Based on Mean Salary of £36,566:
- Salary Subject to Tax: £22,479.70
- Income Tax Owed: £4,495.94
- National Insurance: £1,919.68
- Employee Pension Deduction: £1,516.30
Take-Home Pay: £28,634.08 (78.31% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,426.08
How Expensive Is It To Employ Someone In North West Leicestershire?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in North West Leicestershire it works out to:
- Salary: £32,509
- Employer National Insurance: £4,126.35
- Employer Pension Contribution: £788.07
Total Cost To An Employer: £37,423.42 per year
Based on the mean pay in North West Leicestershire it works out to:
- Salary: £36,566
- Employer National Insurance: £4,734.90
- Employer Pension Contribution: £909.78
Total Cost To An Employer: £42,210.68 per year
Income Tax And National Insurance Paid By Workers In North West Leicestershire
Finally, how much income tax and national insurance do people in North West Leicestershire 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 North West Leicestershire paid income tax and national insurance based on the median salary of £32,509 the combined income tax and national insurance (employer and employee) paid would be £368,416,620.
If all workers in North West Leicestershire paid income tax and national insurance based on the mean salary of £36,566 the combined income tax and national insurance (employer and employee) paid would be £434,870,280.
North West Leicestershire Tax Calculator
More Salary Data By City
- Oadby and Wigston
- Lincolnshire
- Boston
- East Lindsey
- Lincoln
- North Kesteven
- South Holland
- South Kesteven
- West Lindsey
- Nottinghamshire
All the data presented here comes from the Office of National Statistics.