The median annual salary in Leicester is currently £25,864 and the mean (average) is £28,842 before tax.
The median salary means half of all employees in Leicester earn more than £25,864 and half earn less.
The mean (average) salary number of £28,842 is calculated by taking all the salaries in Leicester adding them up and then dividing by the total number of jobs (currently 90,000 which is 0.38% of all UK jobs).
Over the past 12 months the Leicester median salary of £25,864 has increased by 7.50% which places it 18.16% Below the median salary of the UK as a whole.
The mean salary of £28,842 has increased 6.20% during the same time period and now standards at 24.54% Below the mean salary of the UK.
Income (Before Tax) By Decile In Leicester
Top 10%: x (and above)
Top 20% £37,811
Top 25% £34,573
Top 30% £32,001
Top 40% £29,479
Bottom 40% £23,225
Bottom 30% £19,874
Bottom 25% £17,908
Bottom 20% £19,874
Bottom 10% x (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Leicester
The median salary of £25,864 works out to:
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- £2,155.33 per month
- £517.50 per week
- £14.26 per hour
The mean salary of £28,842 works out to:
- £2,403.50 per month
- £563.10 per week
- £17.25 per hour
Men vs Women Salary Differences (Before Tax) In Leicester
Of the 90,000 jobs in Leicester, 44,000 (48.89%) were held by men and 46,000 (51.11%) were held by women.
The median salary for men was £29,792 vs £23,172 for women.
The mean salary for men was £33,252 vs £24,580 for women.
This means men in Leicester are paid 28.57% more based on median salaries or 35.28% 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 Leicester
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 £25,864:
- Salary Subject to Tax: £12,312.80
- Income Tax Owed: £2,462.56
- National Insurance: £1,063.52
- Employee Pension Deduction: £981.20
Take-Home Pay: £21,356.72 (82.57% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,569.92
Based on Mean Salary of £28,842:
- Salary Subject to Tax: £15,141.90
- Income Tax Owed: £3,028.38
- National Insurance: £1,301.76
- Employee Pension Deduction: £1,130.10
Take-Home Pay: £23,381.76 (81.07% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,808.16
How Expensive Is It To Employ Someone In Leicester?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Leicester it works out to:
- Salary: £25,864
- Employer National Insurance: £3,129.60
- Employer Pension Contribution: £588.72
Total Cost To An Employer: £29,582.32 per year
Based on the mean pay in Leicester it works out to:
- Salary: £28,842
- Employer National Insurance: £3,576.30
- Employer Pension Contribution: £678.06
Total Cost To An Employer: £33,096.36 per year
Income Tax And National Insurance Paid By Workers In Leicester
Finally, how much income tax and national insurance do people in Leicester 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 Leicester paid income tax and national insurance based on the median salary of £25,864 the combined income tax and national insurance (employer and employee) paid would be £599,011,200.
If all workers in Leicester paid income tax and national insurance based on the mean salary of £28,842 the combined income tax and national insurance (employer and employee) paid would be £711,579,600.
Leicester Tax Calculator
More Salary Data By City
- North Northamptonshire
- Nottingham
- Rutland
- West Northamptonshire
- Derbyshire
- Amber Valley
- Bolsover
- Chesterfield
- Derbyshire Dales
- Erewash
All the data presented here comes from the Office of National Statistics.
