The median annual salary in Oadby and Wigston is currently £29,386 and the mean (average) is £31,590 before tax.
The median salary means half of all employees in Oadby and Wigston earn more than £29,386 and half earn less.
The mean (average) salary number of £31,590 is calculated by taking all the salaries in Oadby and Wigston adding them up and then dividing by the total number of jobs (currently 18,000 which is 0.08% of all UK jobs).
Over the past 12 months the Oadby and Wigston median salary of £29,386 has increased by 8.20% which places it 7.01% Below the median salary of the UK as a whole.
The mean salary of £31,590 has increased 8.20% during the same time period and now standards at 17.36% Below the mean salary of the UK.
Income (Before Tax) By Decile In Oadby and Wigston
Top 10%: x (and above)
Top 20% x
Top 25% x
Top 30% £36,735
Top 40% £30,965
Bottom 40% £23,993
Bottom 30% £19,065
Bottom 25% £16,342
Bottom 20% £19,065
Bottom 10% x (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Oadby and Wigston
The median salary of £29,386 works out to:
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- £2,448.83 per month
- £547.80 per week
- £15.75 per hour
The mean salary of £31,590 works out to:
- £2,632.50 per month
- £599.90 per week
- £19.59 per hour
Men vs Women Salary Differences (Before Tax) In Oadby and Wigston
Of the 18,000 jobs in Oadby and Wigston, 10,000 (55.56%) were held by men and 9,000 (50.00%) were held by women.
The median salary for men was £31,453 vs x for women.
The mean salary for men was £38,816 vs £23,640 for women.
This means men in Oadby and Wigston are paid #VALUE! more based on median salaries or 64.20% 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 Oadby and Wigston
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 £29,386:
- Salary Subject to Tax: £15,658.70
- Income Tax Owed: £3,131.74
- National Insurance: £1,345.28
- Employee Pension Deduction: £1,157.30
Take-Home Pay: £23,751.68 (80.83% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,851.68
Based on Mean Salary of £31,590:
- Salary Subject to Tax: £17,752.50
- Income Tax Owed: £3,550.50
- National Insurance: £1,521.60
- Employee Pension Deduction: £1,267.50
Take-Home Pay: £25,250.40 (79.93% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,028.00
How Expensive Is It To Employ Someone In Oadby and Wigston?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Oadby and Wigston it works out to:
- Salary: £29,386
- Employer National Insurance: £3,657.90
- Employer Pension Contribution: £694.38
Total Cost To An Employer: £33,738.28 per year
Based on the mean pay in Oadby and Wigston it works out to:
- Salary: £31,590
- Employer National Insurance: £3,988.50
- Employer Pension Contribution: £760.50
Total Cost To An Employer: £36,339.00 per year
Income Tax And National Insurance Paid By Workers In Oadby and Wigston
Finally, how much income tax and national insurance do people in Oadby and Wigston 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 Oadby and Wigston paid income tax and national insurance based on the median salary of £29,386 the combined income tax and national insurance (employer and employee) paid would be £146,428,560.
If all workers in Oadby and Wigston paid income tax and national insurance based on the mean salary of £31,590 the combined income tax and national insurance (employer and employee) paid would be £163,090,800.
Oadby and Wigston Tax Calculator
More Salary Data By City
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- Boston
- East Lindsey
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- North Kesteven
- South Holland
- South Kesteven
- West Lindsey
- Nottinghamshire
- Ashfield
All the data presented here comes from the Office of National Statistics.