The median annual salary in Bassetlaw is currently £28,747 and the mean (average) is £31,497 before tax.
The median salary means half of all employees in Bassetlaw earn more than £28,747 and half earn less.
The mean (average) salary number of £31,497 is calculated by taking all the salaries in Bassetlaw adding them up and then dividing by the total number of jobs (currently 42,000 which is 0.18% of all UK jobs).
Over the past 12 months the Bassetlaw median salary of £28,747 has increased by 0.00% which places it 9.03% Below the median salary of the UK as a whole.
The mean salary of £31,497 has increased 7.00% during the same time period and now standards at 17.60% Below the mean salary of the UK.
Income (Before Tax) By Decile In Bassetlaw
Top 10%: x (and above)
Top 20% x
Top 25% x
Top 30% £36,233
Top 40% £32,135
Bottom 40% £25,582
Bottom 30% £21,948
Bottom 25% £17,996
Bottom 20% £21,948
Bottom 10% £10,395 (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Bassetlaw
The median salary of £28,747 works out to:
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- £2,395.58 per month
- £543.10 per week
- £15.10 per hour
The mean salary of £31,497 works out to:
- £2,624.75 per month
- £609.70 per week
- £18.22 per hour
Men vs Women Salary Differences (Before Tax) In Bassetlaw
Of the 42,000 jobs in Bassetlaw, 21,000 (50.00%) were held by men and 21,000 (50.00%) were held by women.
The median salary for men was x vs £22,581 for women.
The mean salary for men was £38,691 vs £24,524 for women.
This means men in Bassetlaw are paid #VALUE! more based on median salaries or 57.77% 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 Bassetlaw
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 £28,747:
- Salary Subject to Tax: £15,051.65
- Income Tax Owed: £3,010.33
- National Insurance: £1,294.16
- Employee Pension Deduction: £1,125.35
Take-Home Pay: £23,317.16 (81.11% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,800.56
Based on Mean Salary of £31,497:
- Salary Subject to Tax: £17,664.15
- Income Tax Owed: £3,532.83
- National Insurance: £1,514.16
- Employee Pension Deduction: £1,262.85
Take-Home Pay: £25,187.16 (79.97% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,020.56
How Expensive Is It To Employ Someone In Bassetlaw?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Bassetlaw it works out to:
- Salary: £28,747
- Employer National Insurance: £3,562.05
- Employer Pension Contribution: £675.21
Total Cost To An Employer: £32,984.26 per year
Based on the mean pay in Bassetlaw it works out to:
- Salary: £31,497
- Employer National Insurance: £3,974.55
- Employer Pension Contribution: £757.71
Total Cost To An Employer: £36,229.26 per year
Income Tax And National Insurance Paid By Workers In Bassetlaw
Finally, how much income tax and national insurance do people in Bassetlaw 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 Bassetlaw paid income tax and national insurance based on the median salary of £28,747 the combined income tax and national insurance (employer and employee) paid would be £330,394,680.
If all workers in Bassetlaw paid income tax and national insurance based on the mean salary of £31,497 the combined income tax and national insurance (employer and employee) paid would be £378,904,680.
Bassetlaw Tax Calculator
More Salary Data By City
- Broxtowe
- Gedling
- Mansfield
- Newark and Sherwood
- Rushcliffe
- West Midlands
- Herefordshire
- Stoke-on-Trent
- Telford and Wrekin
- Shropshire
All the data presented here comes from the Office of National Statistics.