The median annual salary in Gwynedd is currently £24,165 and the mean (average) is £28,062 before tax.
The median salary means half of all employees in Gwynedd earn more than £24,165 and half earn less.
The mean (average) salary number of £28,062 is calculated by taking all the salaries in Gwynedd adding them up and then dividing by the total number of jobs (currently 35,000 which is 0.15% of all UK jobs).
Over the past 12 months the Gwynedd median salary of £24,165 has increased by -0.20% which places it 23.53% Below the median salary of the UK as a whole.
The mean salary of £28,062 has increased 2.70% during the same time period and now standards at 26.59% Below the mean salary of the UK.
Income (Before Tax) By Decile In Gwynedd
Top 10%: x (and above)
Top 20% x
Top 25% £37,518
Top 30% £33,976
Top 40% £28,621
Bottom 40% £21,857
Bottom 30% £18,529
Bottom 25% £16,936
Bottom 20% £18,529
Bottom 10% x (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Gwynedd
The median salary of £24,165 works out to:
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- £2,013.75 per month
- £492.90 per week
- £14.74 per hour
The mean salary of £28,062 works out to:
- £2,338.50 per month
- £538.70 per week
- £17.44 per hour
Men vs Women Salary Differences (Before Tax) In Gwynedd
Of the 35,000 jobs in Gwynedd, 15,000 (42.86%) were held by men and 20,000 (57.14%) were held by women.
The median salary for men was £29,742 vs x for women.
The mean salary for men was £33,411 vs £24,130 for women.
This means men in Gwynedd are paid #VALUE! more based on median salaries or 38.46% 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 Gwynedd
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 £24,165:
- Salary Subject to Tax: £10,698.75
- Income Tax Owed: £2,139.75
- National Insurance: £927.60
- Employee Pension Deduction: £896.25
Take-Home Pay: £20,201.40 (83.60% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,434.00
Based on Mean Salary of £28,062:
- Salary Subject to Tax: £14,400.90
- Income Tax Owed: £2,880.18
- National Insurance: £1,239.36
- Employee Pension Deduction: £1,091.10
Take-Home Pay: £22,851.36 (81.43% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,745.76
How Expensive Is It To Employ Someone In Gwynedd?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Gwynedd it works out to:
- Salary: £24,165
- Employer National Insurance: £2,874.75
- Employer Pension Contribution: £537.75
Total Cost To An Employer: £27,577.50 per year
Based on the mean pay in Gwynedd it works out to:
- Salary: £28,062
- Employer National Insurance: £3,459.30
- Employer Pension Contribution: £654.66
Total Cost To An Employer: £32,175.96 per year
Income Tax And National Insurance Paid By Workers In Gwynedd
Finally, how much income tax and national insurance do people in Gwynedd 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 Gwynedd paid income tax and national insurance based on the median salary of £24,165 the combined income tax and national insurance (employer and employee) paid would be £207,973,500.
If all workers in Gwynedd paid income tax and national insurance based on the mean salary of £28,062 the combined income tax and national insurance (employer and employee) paid would be £265,259,400.
Gwynedd Tax Calculator
More Salary Data By City
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- Denbighshire
- Flintshire
- Wrexham
- Powys
- Ceredigion
- Pembrokeshire
- Carmarthenshire
- Swansea
- Neath Port Talbot
All the data presented here comes from the Office of National Statistics.