The median annual salary in Sevenoaks is currently £34,941 and the mean (average) is £44,220 before tax.
The median salary means half of all employees in Sevenoaks earn more than £34,941 and half earn less.
The mean (average) salary number of £44,220 is calculated by taking all the salaries in Sevenoaks 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 Sevenoaks median salary of £34,941 has increased by 0.00% which places it 10.57% Above the median salary of the UK as a whole.
The mean salary of £44,220 has increased 6.80% during the same time period and now standards at 15.69% Above the mean salary of the UK.
Income (Before Tax) By Decile In Sevenoaks
Top 10%: x (and above)
Top 20% x
Top 25% x
Top 30% x
Top 40% £44,707
Bottom 40% x
Bottom 30% x
Bottom 25% x
Bottom 20% x
Bottom 10% x (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Sevenoaks
The median salary of £34,941 works out to:
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- £2,911.75 per month
- £733.20 per week
- £21.31 per hour
The mean salary of £44,220 works out to:
- £3,685.00 per month
- £869.30 per week
- £27.49 per hour
Men vs Women Salary Differences (Before Tax) In Sevenoaks
Of the 39,000 jobs in Sevenoaks, 19,000 (48.72%) were held by men and 20,000 (51.28%) were held by women.
The median salary for men was £46,105 vs x for women.
The mean salary for men was £57,526 vs £31,950 for women.
This means men in Sevenoaks are paid #VALUE! more based on median salaries or 80.05% 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 Sevenoaks
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 £34,941:
- Salary Subject to Tax: £20,935.95
- Income Tax Owed: £4,187.19
- National Insurance: £1,789.68
- Employee Pension Deduction: £1,435.05
Take-Home Pay: £27,529.08 (78.79% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,296.08
Based on Mean Salary of £44,220:
- Salary Subject to Tax: £29,751.00
- Income Tax Owed: £5,950.20
- National Insurance: £2,532.00
- Employee Pension Deduction: £1,899.00
Take-Home Pay: £33,838.80 (76.52% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £3,038.40
How Expensive Is It To Employ Someone In Sevenoaks?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Sevenoaks it works out to:
- Salary: £34,941
- Employer National Insurance: £4,491.15
- Employer Pension Contribution: £861.03
Total Cost To An Employer: £40,293.18 per year
Based on the mean pay in Sevenoaks it works out to:
- Salary: £44,220
- Employer National Insurance: £5,883.00
- Employer Pension Contribution: £1,139.40
Total Cost To An Employer: £51,242.40 per year
Income Tax And National Insurance Paid By Workers In Sevenoaks
Finally, how much income tax and national insurance do people in Sevenoaks 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 Sevenoaks paid income tax and national insurance based on the median salary of £34,941 the combined income tax and national insurance (employer and employee) paid would be £408,252,780.
If all workers in Sevenoaks paid income tax and national insurance based on the mean salary of £44,220 the combined income tax and national insurance (employer and employee) paid would be £560,242,800.
Sevenoaks Tax Calculator
More Salary Data By City
- Folkestone and Hythe
- Swale
- Thanet
- Tonbridge and Malling
- Tunbridge Wells
- Oxfordshire
- Cherwell
- Oxford
- South Oxfordshire
- Vale of White Horse
All the data presented here comes from the Office of National Statistics.