The median annual salary in Stevenage is currently £31,771 and the mean (average) is £36,294 before tax.
The median salary means half of all employees in Stevenage earn more than £31,771 and half earn less.
The mean (average) salary number of £36,294 is calculated by taking all the salaries in Stevenage adding them up and then dividing by the total number of jobs (currently 33,000 which is 0.14% of all UK jobs).
Over the past 12 months the Stevenage median salary of £31,771 has increased by 12.70% which places it 0.53% Above the median salary of the UK as a whole.
The mean salary of £36,294 has increased 18.40% during the same time period and now standards at 5.05% Below the mean salary of the UK.
Income (Before Tax) By Decile In Stevenage
Top 10%: x (and above)
Top 20% £50,433
Top 25% £47,407
Top 30% £43,262
Top 40% £36,484
Bottom 40% £28,463
Bottom 30% £24,649
Bottom 25% £22,795
Bottom 20% £24,649
Bottom 10% x (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Stevenage
The median salary of £31,771 works out to:
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- £2,647.58 per month
- £645.70 per week
- £17.41 per hour
The mean salary of £36,294 works out to:
- £3,024.50 per month
- £746.70 per week
- £21.56 per hour
Men vs Women Salary Differences (Before Tax) In Stevenage
Of the 33,000 jobs in Stevenage, 17,000 (51.52%) were held by men and 17,000 (51.52%) were held by women.
The median salary for men was £32,835 vs £31,025 for women.
The mean salary for men was £39,224 vs £33,350 for women.
This means men in Stevenage are paid 5.83% more based on median salaries or 17.61% 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 Stevenage
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 £31,771:
- Salary Subject to Tax: £17,924.45
- Income Tax Owed: £3,584.89
- National Insurance: £1,536.08
- Employee Pension Deduction: £1,276.55
Take-Home Pay: £25,373.48 (79.86% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,042.48
Based on Mean Salary of £36,294:
- Salary Subject to Tax: £22,221.30
- Income Tax Owed: £4,444.26
- National Insurance: £1,897.92
- Employee Pension Deduction: £1,502.70
Take-Home Pay: £28,449.12 (78.39% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,404.32
How Expensive Is It To Employ Someone In Stevenage?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Stevenage it works out to:
- Salary: £31,771
- Employer National Insurance: £4,015.65
- Employer Pension Contribution: £765.93
Total Cost To An Employer: £36,552.58 per year
Based on the mean pay in Stevenage it works out to:
- Salary: £36,294
- Employer National Insurance: £4,694.10
- Employer Pension Contribution: £901.62
Total Cost To An Employer: £41,889.72 per year
Income Tax And National Insurance Paid By Workers In Stevenage
Finally, how much income tax and national insurance do people in Stevenage 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 Stevenage paid income tax and national insurance based on the median salary of £31,771 the combined income tax and national insurance (employer and employee) paid would be £301,508,460.
If all workers in Stevenage paid income tax and national insurance based on the mean salary of £36,294 the combined income tax and national insurance (employer and employee) paid would be £364,197,240.
Stevenage Tax Calculator
More Salary Data By City
- Three Rivers
- Watford
- Welwyn Hatfield
- Norfolk
- Breckland
- Broadland
- Great Yarmouth
- King’s Lynn and West Norfolk
- North Norfolk
- Norwich
All the data presented here comes from the Office of National Statistics.