The median annual salary in Mole Valley is currently £36,869 and the mean (average) is £49,177 before tax.
The median salary means half of all employees in Mole Valley earn more than £36,869 and half earn less.
The mean (average) salary number of £49,177 is calculated by taking all the salaries in Mole Valley adding them up and then dividing by the total number of jobs (currently 27,000 which is 0.12% of all UK jobs).
Over the past 12 months the Mole Valley median salary of £36,869 has increased by 0.00% which places it 16.67% Above the median salary of the UK as a whole.
The mean salary of £49,177 has increased 0.00% during the same time period and now standards at 28.65% Above the mean salary of the UK.
Income (Before Tax) By Decile In Mole Valley
Top 10%: x (and above)
Top 20% x
Top 25% x
Top 30% x
Top 40% £47,282
Bottom 40% £29,984
Bottom 30% £26,404
Bottom 25% £23,933
Bottom 20% £26,404
Bottom 10% x (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Mole Valley
The median salary of £36,869 works out to:
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- £3,072.42 per month
- £698.90 per week
- £18.96 per hour
The mean salary of £49,177 works out to:
- £4,098.08 per month
- £902.40 per week
- £26.72 per hour
Men vs Women Salary Differences (Before Tax) In Mole Valley
Of the 27,000 jobs in Mole Valley, 12,000 (44.44%) were held by men and 15,000 (55.56%) were held by women.
The median salary for men was £53,912 vs £29,647 for women.
The mean salary for men was £63,257 vs £38,289 for women.
This means men in Mole Valley are paid 81.85% more based on median salaries or 65.21% 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 Mole Valley
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 £36,869:
- Salary Subject to Tax: £22,767.55
- Income Tax Owed: £4,553.51
- National Insurance: £1,943.92
- Employee Pension Deduction: £1,531.45
Take-Home Pay: £28,840.12 (78.22% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,450.32
Based on Mean Salary of £49,177:
- Salary Subject to Tax: £34,460.15
- Income Tax Owed: £6,892.03
- National Insurance: £2,928.56
- Employee Pension Deduction: £2,146.85
Take-Home Pay: £37,209.56 (75.66% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £3,434.96
How Expensive Is It To Employ Someone In Mole Valley?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Mole Valley it works out to:
- Salary: £36,869
- Employer National Insurance: £4,780.35
- Employer Pension Contribution: £918.87
Total Cost To An Employer: £42,568.22 per year
Based on the mean pay in Mole Valley it works out to:
- Salary: £49,177
- Employer National Insurance: £6,626.55
- Employer Pension Contribution: £1,288.11
Total Cost To An Employer: £57,091.66 per year
Income Tax And National Insurance Paid By Workers In Mole Valley
Finally, how much income tax and national insurance do people in Mole Valley 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 Mole Valley paid income tax and national insurance based on the median salary of £36,869 the combined income tax and national insurance (employer and employee) paid would be £304,500,060.
If all workers in Mole Valley paid income tax and national insurance based on the mean salary of £49,177 the combined income tax and national insurance (employer and employee) paid would be £444,072,780.
Mole Valley Tax Calculator
More Salary Data By City
- Reigate and Banstead
- Runnymede
- Spelthorne
- Surrey Heath
- Tandridge
- Waverley
- Woking
- West Sussex
- Adur
- Arun
All the data presented here comes from the Office of National Statistics.