The median annual salary in Nottinghamshire is currently £29,363 and the mean (average) is £33,572 before tax.
The median salary means half of all employees in Nottinghamshire earn more than £29,363 and half earn less.
The mean (average) salary number of £33,572 is calculated by taking all the salaries in Nottinghamshire adding them up and then dividing by the total number of jobs (currently 299,000 which is 1.28% of all UK jobs).
Over the past 12 months the Nottinghamshire median salary of £29,363 has increased by 9.00% which places it 7.08% Below the median salary of the UK as a whole.
The mean salary of £33,572 has increased 7.70% during the same time period and now standards at 12.17% Below the mean salary of the UK.
Income (Before Tax) By Decile In Nottinghamshire
Top 10%: £60,000 (and above)
Top 20% £46,012
Top 25% £42,128
Top 30% £39,040
Top 40% £33,659
Bottom 40% £25,435
Bottom 30% £21,556
Bottom 25% £18,580
Bottom 20% £21,556
Bottom 10% £9,287 (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Nottinghamshire
The median salary of £29,363 works out to:
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- £2,446.92 per month
- £568.50 per week
- £16.00 per hour
The mean salary of £33,572 works out to:
- £2,797.67 per month
- £649.60 per week
- £19.93 per hour
Men vs Women Salary Differences (Before Tax) In Nottinghamshire
Of the 299,000 jobs in Nottinghamshire, 151,000 (50.50%) were held by men and 148,000 (49.50%) were held by women.
The median salary for men was £34,585 vs £23,817 for women.
The mean salary for men was £40,135 vs £26,889 for women.
This means men in Nottinghamshire are paid 45.21% more based on median salaries or 49.26% 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 Nottinghamshire
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 £29,363:
- Salary Subject to Tax: £15,636.85
- Income Tax Owed: £3,127.37
- National Insurance: £1,343.44
- Employee Pension Deduction: £1,156.15
Take-Home Pay: £23,736.04 (80.84% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,849.84
Based on Mean Salary of £33,572:
- Salary Subject to Tax: £19,635.40
- Income Tax Owed: £3,927.08
- National Insurance: £1,680.16
- Employee Pension Deduction: £1,366.60
Take-Home Pay: £26,598.16 (79.23% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,186.56
How Expensive Is It To Employ Someone In Nottinghamshire?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Nottinghamshire it works out to:
- Salary: £29,363
- Employer National Insurance: £3,654.45
- Employer Pension Contribution: £693.69
Total Cost To An Employer: £33,711.14 per year
Based on the mean pay in Nottinghamshire it works out to:
- Salary: £33,572
- Employer National Insurance: £4,285.80
- Employer Pension Contribution: £819.96
Total Cost To An Employer: £38,677.76 per year
Income Tax And National Insurance Paid By Workers In Nottinghamshire
Finally, how much income tax and national insurance do people in Nottinghamshire 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 Nottinghamshire paid income tax and national insurance based on the median salary of £29,363 the combined income tax and national insurance (employer and employee) paid would be £2,429,452,740.
If all workers in Nottinghamshire paid income tax and national insurance based on the mean salary of £33,572 the combined income tax and national insurance (employer and employee) paid would be £2,958,018,960.
Nottinghamshire Tax Calculator
More Salary Data By City
- Ashfield
- Bassetlaw
- Broxtowe
- Gedling
- Mansfield
- Newark and Sherwood
- Rushcliffe
- West Midlands
- Herefordshire
- Stoke-on-Trent
All the data presented here comes from the Office of National Statistics.