The median annual salary in Lancashire is currently £30,262 and the mean (average) is £35,232 before tax.
The median salary means half of all employees in Lancashire earn more than £30,262 and half earn less.
The mean (average) salary number of £35,232 is calculated by taking all the salaries in Lancashire adding them up and then dividing by the total number of jobs (currently 395,000 which is 1.69% of all UK jobs).
Over the past 12 months the Lancashire median salary of £30,262 has increased by 7.20% which places it 4.24% Below the median salary of the UK as a whole.
The mean salary of £35,232 has increased 8.00% during the same time period and now standards at 7.83% Below the mean salary of the UK.
Income (Before Tax) By Decile In Lancashire
Top 10%: £59,072 (and above)
Top 20% £48,034
Top 25% £43,574
Top 30% £40,247
Top 40% £34,759
Bottom 40% £26,630
Bottom 30% £23,376
Bottom 25% £21,387
Bottom 20% £23,376
Bottom 10% £11,607 (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Lancashire
The median salary of £30,262 works out to:
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- £2,521.83 per month
- £580.90 per week
- £15.87 per hour
The mean salary of £35,232 works out to:
- £2,936.00 per month
- £666.70 per week
- £19.94 per hour
Men vs Women Salary Differences (Before Tax) In Lancashire
Of the 395,000 jobs in Lancashire, 196,000 (49.62%) were held by men and 199,000 (50.38%) were held by women.
The median salary for men was £35,225 vs £26,045 for women.
The mean salary for men was £41,026 vs £29,540 for women.
This means men in Lancashire are paid 35.25% more based on median salaries or 38.88% 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 Lancashire
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 £30,262:
- Salary Subject to Tax: £16,490.90
- Income Tax Owed: £3,298.18
- National Insurance: £1,415.36
- Employee Pension Deduction: £1,201.10
Take-Home Pay: £24,347.36 (80.46% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,921.76
Based on Mean Salary of £35,232:
- Salary Subject to Tax: £21,212.40
- Income Tax Owed: £4,242.48
- National Insurance: £1,812.96
- Employee Pension Deduction: £1,449.60
Take-Home Pay: £27,726.96 (78.70% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,319.36
How Expensive Is It To Employ Someone In Lancashire?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Lancashire it works out to:
- Salary: £30,262
- Employer National Insurance: £3,789.30
- Employer Pension Contribution: £720.66
Total Cost To An Employer: £34,771.96 per year
Based on the mean pay in Lancashire it works out to:
- Salary: £35,232
- Employer National Insurance: £4,534.80
- Employer Pension Contribution: £869.76
Total Cost To An Employer: £40,636.56 per year
Income Tax And National Insurance Paid By Workers In Lancashire
Finally, how much income tax and national insurance do people in Lancashire 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 Lancashire paid income tax and national insurance based on the median salary of £30,262 the combined income tax and national insurance (employer and employee) paid would be £3,358,621,800.
If all workers in Lancashire paid income tax and national insurance based on the mean salary of £35,232 the combined income tax and national insurance (employer and employee) paid would be £4,183,144,800.
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More Salary Data By City
All the data presented here comes from the Office of National Statistics.
