The median annual salary in Leicestershire is currently £30,794 and the mean (average) is £35,125 before tax.
The median salary means half of all employees in Leicestershire earn more than £30,794 and half earn less.
The mean (average) salary number of £35,125 is calculated by taking all the salaries in Leicestershire adding them up and then dividing by the total number of jobs (currently 249,000 which is 1.06% of all UK jobs).
Over the past 12 months the Leicestershire median salary of £30,794 has increased by 5.80% which places it 2.56% Below the median salary of the UK as a whole.
The mean salary of £35,125 has increased 4.90% during the same time period and now standards at 8.11% Below the mean salary of the UK.
Income (Before Tax) By Decile In Leicestershire
Top 10%: £60,120 (and above)
Top 20% £48,220
Top 25% £44,362
Top 30% £41,022
Top 40% £35,208
Bottom 40% £27,336
Bottom 30% £22,640
Bottom 25% £19,928
Bottom 20% £22,640
Bottom 10% £11,329 (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Leicestershire
The median salary of £30,794 works out to:
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- £2,566.17 per month
- £603.20 per week
- £16.76 per hour
The mean salary of £35,125 works out to:
- £2,927.08 per month
- £683.70 per week
- £20.82 per hour
Men vs Women Salary Differences (Before Tax) In Leicestershire
Of the 249,000 jobs in Leicestershire, 125,000 (50.20%) were held by men and 123,000 (49.40%) were held by women.
The median salary for men was £36,645 vs £24,460 for women.
The mean salary for men was £42,183 vs £27,946 for women.
This means men in Leicestershire are paid 49.82% more based on median salaries or 50.94% 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 Leicestershire
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 £30,794:
- Salary Subject to Tax: £16,996.30
- Income Tax Owed: £3,399.26
- National Insurance: £1,457.92
- Employee Pension Deduction: £1,227.70
Take-Home Pay: £24,709.12 (80.24% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,964.32
Based on Mean Salary of £35,125:
- Salary Subject to Tax: £21,110.75
- Income Tax Owed: £4,222.15
- National Insurance: £1,804.40
- Employee Pension Deduction: £1,444.25
Take-Home Pay: £27,654.20 (78.73% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,310.80
How Expensive Is It To Employ Someone In Leicestershire?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Leicestershire it works out to:
- Salary: £30,794
- Employer National Insurance: £3,869.10
- Employer Pension Contribution: £736.62
Total Cost To An Employer: £35,399.72 per year
Based on the mean pay in Leicestershire it works out to:
- Salary: £35,125
- Employer National Insurance: £4,518.75
- Employer Pension Contribution: £866.55
Total Cost To An Employer: £40,510.30 per year
Income Tax And National Insurance Paid By Workers In Leicestershire
Finally, how much income tax and national insurance do people in Leicestershire 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 Leicestershire paid income tax and national insurance based on the median salary of £30,794 the combined income tax and national insurance (employer and employee) paid would be £2,172,843,720.
If all workers in Leicestershire paid income tax and national insurance based on the mean salary of £35,125 the combined income tax and national insurance (employer and employee) paid would be £2,625,779,700.
Leicestershire Tax Calculator
More Salary Data By City
- Blaby
- Charnwood
- Harborough
- Hinckley and Bosworth
- Melton
- North West Leicestershire
- Oadby and Wigston
- Lincolnshire
- Boston
- East Lindsey
All the data presented here comes from the Office of National Statistics.