The median annual salary in Nottingham is currently £25,252 and the mean (average) is £28,213 before tax.
The median salary means half of all employees in Nottingham earn more than £25,252 and half earn less.
The mean (average) salary number of £28,213 is calculated by taking all the salaries in Nottingham adding them up and then dividing by the total number of jobs (currently 77,000 which is 0.33% of all UK jobs).
Over the past 12 months the Nottingham median salary of £25,252 has increased by 8.40% which places it 20.09% Below the median salary of the UK as a whole.
The mean salary of £28,213 has increased 11.50% during the same time period and now standards at 26.19% Below the mean salary of the UK.
Income (Before Tax) By Decile In Nottingham
Top 10%: x (and above)
Top 20% £38,940
Top 25% £34,976
Top 30% £32,510
Top 40% £28,019
Bottom 40% £22,753
Bottom 30% £18,533
Bottom 25% £16,500
Bottom 20% £18,533
Bottom 10% £7,987 (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Nottingham
The median salary of £25,252 works out to:
- Give your requirements
- Receive quotes to compare
- Choose a provider or walk away - your choice!
- £2,104.33 per month
- £502.00 per week
- £14.10 per hour
The mean salary of £28,213 works out to:
- £2,351.08 per month
- £555.50 per week
- £17.35 per hour
Men vs Women Salary Differences (Before Tax) In Nottingham
Of the 77,000 jobs in Nottingham, 37,000 (48.05%) were held by men and 40,000 (51.95%) were held by women.
The median salary for men was £28,777 vs £22,406 for women.
The mean salary for men was £32,893 vs £23,808 for women.
This means men in Nottingham are paid 28.43% more based on median salaries or 38.16% more based on mean salaries than women.
- Takes 2 minutes
- Receive quotes to compare
- Easy and no commitment
(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 Nottingham
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 £25,252:
- Salary Subject to Tax: £11,731.40
- Income Tax Owed: £2,346.28
- National Insurance: £1,014.56
- Employee Pension Deduction: £950.60
Take-Home Pay: £20,940.56 (82.93% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,520.96
Based on Mean Salary of £28,213:
- Salary Subject to Tax: £14,544.35
- Income Tax Owed: £2,908.87
- National Insurance: £1,251.44
- Employee Pension Deduction: £1,098.65
Take-Home Pay: £22,954.04 (81.36% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,757.84
How Expensive Is It To Employ Someone In Nottingham?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Nottingham it works out to:
- Salary: £25,252
- Employer National Insurance: £3,037.80
- Employer Pension Contribution: £570.36
Total Cost To An Employer: £28,860.16 per year
Based on the mean pay in Nottingham it works out to:
- Salary: £28,213
- Employer National Insurance: £3,481.95
- Employer Pension Contribution: £659.19
Total Cost To An Employer: £32,354.14 per year
Income Tax And National Insurance Paid By Workers In Nottingham
Finally, how much income tax and national insurance do people in Nottingham 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 Nottingham paid income tax and national insurance based on the median salary of £25,252 the combined income tax and national insurance (employer and employee) paid would be £492,695,280.
If all workers in Nottingham paid income tax and national insurance based on the mean salary of £28,213 the combined income tax and national insurance (employer and employee) paid would be £588,454,020.
Nottingham Tax Calculator
More Salary Data By City
- Rutland
- West Northamptonshire
- Derbyshire
- Amber Valley
- Bolsover
- Chesterfield
- Derbyshire Dales
- Erewash
- High Peak
- North East Derbyshire
All the data presented here comes from the Office of National Statistics.