The median annual salary in Neath Port Talbot is currently £30,938 and the mean (average) is £31,579 before tax.
The median salary means half of all employees in Neath Port Talbot earn more than £30,938 and half earn less.
The mean (average) salary number of £31,579 is calculated by taking all the salaries in Neath Port Talbot adding them up and then dividing by the total number of jobs (currently 55,000 which is 0.24% of all UK jobs).
Over the past 12 months the Neath Port Talbot median salary of £30,938 has increased by 10.80% which places it 2.10% Below the median salary of the UK as a whole.
The mean salary of £31,579 has increased 3.40% during the same time period and now standards at 17.38% Below the mean salary of the UK.
Income (Before Tax) By Decile In Neath Port Talbot
Top 10%: x (and above)
Top 20% £42,955
Top 25% £40,500
Top 30% £38,296
Top 40% £34,421
Bottom 40% £25,720
Bottom 30% £22,076
Bottom 25% £20,136
Bottom 20% £22,076
Bottom 10% £13,136 (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Neath Port Talbot
The median salary of £30,938 works out to:
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- £2,578.17 per month
- £587.40 per week
- £16.43 per hour
The mean salary of £31,579 works out to:
- £2,631.58 per month
- £637.60 per week
- £18.88 per hour
Men vs Women Salary Differences (Before Tax) In Neath Port Talbot
Of the 55,000 jobs in Neath Port Talbot, 25,000 (45.45%) were held by men and 30,000 (54.55%) were held by women.
The median salary for men was £36,237 vs £24,679 for women.
The mean salary for men was £36,598 vs £27,260 for women.
This means men in Neath Port Talbot are paid 46.83% more based on median salaries or 34.26% 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 Neath Port Talbot
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 £30,938:
- Salary Subject to Tax: £17,133.10
- Income Tax Owed: £3,426.62
- National Insurance: £1,469.44
- Employee Pension Deduction: £1,234.90
Take-Home Pay: £24,807.04 (80.18% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,975.84
Based on Mean Salary of £31,579:
- Salary Subject to Tax: £17,742.05
- Income Tax Owed: £3,548.41
- National Insurance: £1,520.72
- Employee Pension Deduction: £1,266.95
Take-Home Pay: £25,242.92 (79.94% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,027.12
How Expensive Is It To Employ Someone In Neath Port Talbot?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Neath Port Talbot it works out to:
- Salary: £30,938
- Employer National Insurance: £3,890.70
- Employer Pension Contribution: £740.94
Total Cost To An Employer: £35,569.64 per year
Based on the mean pay in Neath Port Talbot it works out to:
- Salary: £31,579
- Employer National Insurance: £3,986.85
- Employer Pension Contribution: £760.17
Total Cost To An Employer: £36,326.02 per year
Income Tax And National Insurance Paid By Workers In Neath Port Talbot
Finally, how much income tax and national insurance do people in Neath Port Talbot 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 Neath Port Talbot paid income tax and national insurance based on the median salary of £30,938 the combined income tax and national insurance (employer and employee) paid would be £483,271,800.
If all workers in Neath Port Talbot paid income tax and national insurance based on the mean salary of £31,579 the combined income tax and national insurance (employer and employee) paid would be £498,078,900.
Neath Port Talbot Tax Calculator
More Salary Data By City
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- Merthyr Tydfil
- Caerphilly
- Blaenau Gwent
- Torfaen
- Monmouthshire
- Newport
All the data presented here comes from the Office of National Statistics.