The median annual salary in Merseyside Met County is currently £29,846 and the mean (average) is £33,802 before tax.
The median salary means half of all employees in Merseyside Met County earn more than £29,846 and half earn less.
The mean (average) salary number of £33,802 is calculated by taking all the salaries in Merseyside Met County adding them up and then dividing by the total number of jobs (currently 479,000 which is 2.05% of all UK jobs).
Over the past 12 months the Merseyside Met County median salary of £29,846 has increased by 6.00% which places it 5.56% Below the median salary of the UK as a whole.
The mean salary of £33,802 has increased 5.70% during the same time period and now standards at 11.57% Below the mean salary of the UK.
Income (Before Tax) By Decile In Merseyside Met County
Top 10%: £57,007 (and above)
Top 20% £45,810
Top 25% £42,549
Top 30% £39,842
Top 40% £34,498
Bottom 40% £26,026
Bottom 30% £22,706
Bottom 25% £20,664
Bottom 20% £22,706
Bottom 10% £10,390 (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Merseyside Met County
The median salary of £29,846 works out to:
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- £2,487.17 per month
- £584.60 per week
- £16.33 per hour
The mean salary of £33,802 works out to:
- £2,816.83 per month
- £671.50 per week
- £20.25 per hour
Men vs Women Salary Differences (Before Tax) In Merseyside Met County
Of the 479,000 jobs in Merseyside Met County, 234,000 (48.85%) were held by men and 245,000 (51.15%) were held by women.
The median salary for men was £35,054 vs £25,375 for women.
The mean salary for men was £40,241 vs £27,631 for women.
This means men in Merseyside Met County are paid 38.14% more based on median salaries or 45.64% 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 Merseyside Met County
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 £29,846:
- Salary Subject to Tax: £16,095.70
- Income Tax Owed: £3,219.14
- National Insurance: £1,382.08
- Employee Pension Deduction: £1,180.30
Take-Home Pay: £24,064.48 (80.63% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,888.48
Based on Mean Salary of £33,802:
- Salary Subject to Tax: £19,853.90
- Income Tax Owed: £3,970.78
- National Insurance: £1,698.56
- Employee Pension Deduction: £1,378.10
Take-Home Pay: £26,754.56 (79.15% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,204.96
How Expensive Is It To Employ Someone In Merseyside Met County?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Merseyside Met County it works out to:
- Salary: £29,846
- Employer National Insurance: £3,726.90
- Employer Pension Contribution: £708.18
Total Cost To An Employer: £34,281.08 per year
Based on the mean pay in Merseyside Met County it works out to:
- Salary: £33,802
- Employer National Insurance: £4,320.30
- Employer Pension Contribution: £826.86
Total Cost To An Employer: £38,949.16 per year
Income Tax And National Insurance Paid By Workers In Merseyside Met County
Finally, how much income tax and national insurance do people in Merseyside Met County 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 Merseyside Met County paid income tax and national insurance based on the median salary of £29,846 the combined income tax and national insurance (employer and employee) paid would be £3,989,169,480.
If all workers in Merseyside Met County paid income tax and national insurance based on the mean salary of £33,802 the combined income tax and national insurance (employer and employee) paid would be £4,785,037,560.
Merseyside Met County Tax Calculator
More Salary Data By City
- Knowsley
- Liverpool
- St. Helens
- Sefton
- Wirral
- Yorkshire and The Humber
- East Riding of Yorkshire
- Kingston upon Hull
- North East Lincolnshire
- North Lincolnshire
All the data presented here comes from the Office of National Statistics.