The median annual salary in Bolsover is currently £26,840 and the mean (average) is £29,170 before tax.
The median salary means half of all employees in Bolsover earn more than £26,840 and half earn less.
The mean (average) salary number of £29,170 is calculated by taking all the salaries in Bolsover adding them up and then dividing by the total number of jobs (currently 32,000 which is 0.14% of all UK jobs).
Over the past 12 months the Bolsover median salary of £26,840 has increased by 11.70% which places it 15.07% Below the median salary of the UK as a whole.
The mean salary of £29,170 has increased 10.00% during the same time period and now standards at 23.69% Below the mean salary of the UK.
Income (Before Tax) By Decile In Bolsover
Top 10%: x (and above)
Top 20% x
Top 25% £38,336
Top 30% £34,629
Top 40% £31,001
Bottom 40% £23,801
Bottom 30% £20,107
Bottom 25% £16,441
Bottom 20% £20,107
Bottom 10% x (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Bolsover
The median salary of £26,840 works out to:
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- £2,236.67 per month
- £528.70 per week
- £14.63 per hour
The mean salary of £29,170 works out to:
- £2,430.83 per month
- £586.80 per week
- £17.53 per hour
Men vs Women Salary Differences (Before Tax) In Bolsover
Of the 32,000 jobs in Bolsover, 16,000 (50.00%) were held by men and 16,000 (50.00%) were held by women.
The median salary for men was £32,700 vs £19,230 for women.
The mean salary for men was £34,972 vs £23,510 for women.
This means men in Bolsover are paid 70.05% more based on median salaries or 48.75% 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 Bolsover
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 £26,840:
- Salary Subject to Tax: £13,240.00
- Income Tax Owed: £2,648.00
- National Insurance: £1,141.60
- Employee Pension Deduction: £1,030.00
Take-Home Pay: £22,020.40 (82.04% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,648.00
Based on Mean Salary of £29,170:
- Salary Subject to Tax: £15,453.50
- Income Tax Owed: £3,090.70
- National Insurance: £1,328.00
- Employee Pension Deduction: £1,146.50
Take-Home Pay: £23,604.80 (80.92% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,834.40
How Expensive Is It To Employ Someone In Bolsover?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Bolsover it works out to:
- Salary: £26,840
- Employer National Insurance: £3,276.00
- Employer Pension Contribution: £618.00
Total Cost To An Employer: £30,734.00 per year
Based on the mean pay in Bolsover it works out to:
- Salary: £29,170
- Employer National Insurance: £3,625.50
- Employer Pension Contribution: £687.90
Total Cost To An Employer: £33,483.40 per year
Income Tax And National Insurance Paid By Workers In Bolsover
Finally, how much income tax and national insurance do people in Bolsover 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 Bolsover paid income tax and national insurance based on the median salary of £26,840 the combined income tax and national insurance (employer and employee) paid would be £226,099,200.
If all workers in Bolsover paid income tax and national insurance based on the mean salary of £29,170 the combined income tax and national insurance (employer and employee) paid would be £257,414,400.
Bolsover Tax Calculator
More Salary Data By City
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- Erewash
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- North East Derbyshire
- South Derbyshire
- Leicestershire
- Blaby
- Charnwood
- Harborough
All the data presented here comes from the Office of National Statistics.