The median annual salary in Three Rivers is currently £39,392 and the mean (average) is £49,029 before tax.
The median salary means half of all employees in Three Rivers earn more than £39,392 and half earn less.
The mean (average) salary number of £49,029 is calculated by taking all the salaries in Three Rivers adding them up and then dividing by the total number of jobs (currently 29,000 which is 0.12% of all UK jobs).
Over the past 12 months the Three Rivers median salary of £39,392 has increased by 14.60% which places it 24.65% Above the median salary of the UK as a whole.
The mean salary of £49,029 has increased 2.90% during the same time period and now standards at 28.27% Above the mean salary of the UK.
Income (Before Tax) By Decile In Three Rivers
Top 10%: x (and above)
Top 20% x
Top 25% x
Top 30% £52,481
Top 40% £46,755
Bottom 40% £33,465
Bottom 30% £27,509
Bottom 25% £25,415
Bottom 20% £27,509
Bottom 10% x (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Three Rivers
The median salary of £39,392 works out to:
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- £3,282.67 per month
- £718.10 per week
- £20.38 per hour
The mean salary of £49,029 works out to:
- £4,085.75 per month
- £877.20 per week
- £26.39 per hour
Men vs Women Salary Differences (Before Tax) In Three Rivers
Of the 29,000 jobs in Three Rivers, 15,000 (51.72%) were held by men and 13,000 (44.83%) were held by women.
The median salary for men was £45,885 vs £32,287 for women.
The mean salary for men was £59,918 vs £36,682 for women.
This means men in Three Rivers are paid 42.12% more based on median salaries or 63.34% 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 Three Rivers
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 £39,392:
- Salary Subject to Tax: £25,164.40
- Income Tax Owed: £5,032.88
- National Insurance: £2,145.76
- Employee Pension Deduction: £1,657.60
Take-Home Pay: £30,555.76 (77.57% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,652.16
Based on Mean Salary of £49,029:
- Salary Subject to Tax: £34,319.55
- Income Tax Owed: £6,863.91
- National Insurance: £2,916.72
- Employee Pension Deduction: £2,139.45
Take-Home Pay: £37,108.92 (75.69% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £3,423.12
How Expensive Is It To Employ Someone In Three Rivers?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Three Rivers it works out to:
- Salary: £39,392
- Employer National Insurance: £5,158.80
- Employer Pension Contribution: £994.56
Total Cost To An Employer: £45,545.36 per year
Based on the mean pay in Three Rivers it works out to:
- Salary: £49,029
- Employer National Insurance: £6,604.35
- Employer Pension Contribution: £1,283.67
Total Cost To An Employer: £56,917.02 per year
Income Tax And National Insurance Paid By Workers In Three Rivers
Finally, how much income tax and national insurance do people in Three Rivers 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 Three Rivers paid income tax and national insurance based on the median salary of £39,392 the combined income tax and national insurance (employer and employee) paid would be £357,785,760.
If all workers in Three Rivers paid income tax and national insurance based on the mean salary of £49,029 the combined income tax and national insurance (employer and employee) paid would be £475,164,420.
Three Rivers Tax Calculator
More Salary Data By City
- Watford
- Welwyn Hatfield
- Norfolk
- Breckland
- Broadland
- Great Yarmouth
- King’s Lynn and West Norfolk
- North Norfolk
- Norwich
- South Norfolk
All the data presented here comes from the Office of National Statistics.