The median annual salary in Dacorum is currently £32,678 and the mean (average) is £41,003 before tax.
The median salary means half of all employees in Dacorum earn more than £32,678 and half earn less.
The mean (average) salary number of £41,003 is calculated by taking all the salaries in Dacorum adding them up and then dividing by the total number of jobs (currently 53,000 which is 0.23% of all UK jobs).
Over the past 12 months the Dacorum median salary of £32,678 has increased by -3.50% which places it 3.40% Above the median salary of the UK as a whole.
The mean salary of £41,003 has increased 0.50% during the same time period and now standards at 7.27% Above the mean salary of the UK.
Income (Before Tax) By Decile In Dacorum
Top 10%: x (and above)
Top 20% x
Top 25% x
Top 30% £47,542
Top 40% £40,603
Bottom 40% £28,281
Bottom 30% £24,000
Bottom 25% £22,371
Bottom 20% £24,000
Bottom 10% £11,966 (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Dacorum
The median salary of £32,678 works out to:
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- £2,723.17 per month
- £618.40 per week
- £18.78 per hour
The mean salary of £41,003 works out to:
- £3,416.92 per month
- £797.50 per week
- £24.25 per hour
Men vs Women Salary Differences (Before Tax) In Dacorum
Of the 53,000 jobs in Dacorum, 22,000 (41.51%) were held by men and 31,000 (58.49%) were held by women.
The median salary for men was £43,498 vs £27,915 for women.
The mean salary for men was £52,679 vs £32,627 for women.
This means men in Dacorum are paid 55.82% more based on median salaries or 61.46% 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 Dacorum
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 £32,678:
- Salary Subject to Tax: £18,786.10
- Income Tax Owed: £3,757.22
- National Insurance: £1,608.64
- Employee Pension Deduction: £1,321.90
Take-Home Pay: £25,990.24 (79.53% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,115.04
Based on Mean Salary of £41,003:
- Salary Subject to Tax: £26,694.85
- Income Tax Owed: £5,338.97
- National Insurance: £2,274.64
- Employee Pension Deduction: £1,738.15
Take-Home Pay: £31,651.24 (77.19% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,781.04
How Expensive Is It To Employ Someone In Dacorum?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Dacorum it works out to:
- Salary: £32,678
- Employer National Insurance: £4,151.70
- Employer Pension Contribution: £793.14
Total Cost To An Employer: £37,622.84 per year
Based on the mean pay in Dacorum it works out to:
- Salary: £41,003
- Employer National Insurance: £5,400.45
- Employer Pension Contribution: £1,042.89
Total Cost To An Employer: £47,446.34 per year
Income Tax And National Insurance Paid By Workers In Dacorum
Finally, how much income tax and national insurance do people in Dacorum 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 Dacorum paid income tax and national insurance based on the median salary of £32,678 the combined income tax and national insurance (employer and employee) paid would be £504,430,680.
If all workers in Dacorum paid income tax and national insurance based on the mean salary of £41,003 the combined income tax and national insurance (employer and employee) paid would be £689,745,180.
Dacorum Tax Calculator
More Salary Data By City
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All the data presented here comes from the Office of National Statistics.
