The median annual salary in Bolton is currently £27,789 and the mean (average) is £31,030 before tax.
The median salary means half of all employees in Bolton earn more than £27,789 and half earn less.
The mean (average) salary number of £31,030 is calculated by taking all the salaries in Bolton adding them up and then dividing by the total number of jobs (currently 82,000 which is 0.35% of all UK jobs).
Over the past 12 months the Bolton median salary of £27,789 has increased by 2.80% which places it 12.07% Below the median salary of the UK as a whole.
The mean salary of £31,030 has increased 2.50% during the same time period and now standards at 18.82% Below the mean salary of the UK.
Income (Before Tax) By Decile In Bolton
Top 10%: x (and above)
Top 20% £44,103
Top 25% £39,526
Top 30% £37,628
Top 40% £32,459
Bottom 40% £24,438
Bottom 30% £21,114
Bottom 25% £19,232
Bottom 20% £21,114
Bottom 10% £7,522 (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Bolton
The median salary of £27,789 works out to:
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- £2,315.75 per month
- £550.20 per week
- £15.55 per hour
The mean salary of £31,030 works out to:
- £2,585.83 per month
- £636.00 per week
- £19.18 per hour
Men vs Women Salary Differences (Before Tax) In Bolton
Of the 82,000 jobs in Bolton, 40,000 (48.78%) were held by men and 42,000 (51.22%) were held by women.
The median salary for men was £33,475 vs £23,332 for women.
The mean salary for men was £37,823 vs £24,552 for women.
This means men in Bolton are paid 43.47% more based on median salaries or 54.05% 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 Bolton
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 £27,789:
- Salary Subject to Tax: £14,141.55
- Income Tax Owed: £2,828.31
- National Insurance: £1,217.52
- Employee Pension Deduction: £1,077.45
Take-Home Pay: £22,665.72 (81.56% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,723.92
Based on Mean Salary of £31,030:
- Salary Subject to Tax: £17,220.50
- Income Tax Owed: £3,444.10
- National Insurance: £1,476.80
- Employee Pension Deduction: £1,239.50
Take-Home Pay: £24,869.60 (80.15% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,983.20
How Expensive Is It To Employ Someone In Bolton?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Bolton it works out to:
- Salary: £27,789
- Employer National Insurance: £3,418.35
- Employer Pension Contribution: £646.47
Total Cost To An Employer: £31,853.82 per year
Based on the mean pay in Bolton it works out to:
- Salary: £31,030
- Employer National Insurance: £3,904.50
- Employer Pension Contribution: £743.70
Total Cost To An Employer: £35,678.20 per year
Income Tax And National Insurance Paid By Workers In Bolton
Finally, how much income tax and national insurance do people in Bolton 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 Bolton paid income tax and national insurance based on the median salary of £27,789 the combined income tax and national insurance (employer and employee) paid would be £612,062,760.
If all workers in Bolton paid income tax and national insurance based on the mean salary of £31,030 the combined income tax and national insurance (employer and employee) paid would be £723,682,800.
Bolton Tax Calculator
More Salary Data By City
All the data presented here comes from the Office of National Statistics.