The median annual salary in Powys is currently £29,718 and the mean (average) is £31,751 before tax.
The median salary means half of all employees in Powys earn more than £29,718 and half earn less.
The mean (average) salary number of £31,751 is calculated by taking all the salaries in Powys adding them up and then dividing by the total number of jobs (currently 39,000 which is 0.17% of all UK jobs).
Over the past 12 months the Powys median salary of £29,718 has increased by 0.00% which places it 5.96% Below the median salary of the UK as a whole.
The mean salary of £31,751 has increased 7.00% during the same time period and now standards at 16.93% Below the mean salary of the UK.
Income (Before Tax) By Decile In Powys
Top 10%: x (and above)
Top 20% £44,011
Top 25% £41,431
Top 30% £38,216
Top 40% £33,427
Bottom 40% £25,686
Bottom 30% £22,420
Bottom 25% £19,632
Bottom 20% £22,420
Bottom 10% £11,648 (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Powys
The median salary of £29,718 works out to:
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- £2,476.50 per month
- £571.00 per week
- £15.61 per hour
The mean salary of £31,751 works out to:
- £2,645.92 per month
- £615.40 per week
- £18.50 per hour
Men vs Women Salary Differences (Before Tax) In Powys
Of the 39,000 jobs in Powys, 20,000 (51.28%) were held by men and 19,000 (48.72%) were held by women.
The median salary for men was £33,899 vs £25,154 for women.
The mean salary for men was £36,252 vs £27,150 for women.
This means men in Powys are paid 34.77% more based on median salaries or 33.52% 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 Powys
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 £29,718:
- Salary Subject to Tax: £15,974.10
- Income Tax Owed: £3,194.82
- National Insurance: £1,371.84
- Employee Pension Deduction: £1,173.90
Take-Home Pay: £23,977.44 (80.68% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,878.24
Based on Mean Salary of £31,751:
- Salary Subject to Tax: £17,905.45
- Income Tax Owed: £3,581.09
- National Insurance: £1,534.48
- Employee Pension Deduction: £1,275.55
Take-Home Pay: £25,359.88 (79.87% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,040.88
How Expensive Is It To Employ Someone In Powys?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Powys it works out to:
- Salary: £29,718
- Employer National Insurance: £3,707.70
- Employer Pension Contribution: £704.34
Total Cost To An Employer: £34,130.04 per year
Based on the mean pay in Powys it works out to:
- Salary: £31,751
- Employer National Insurance: £4,012.65
- Employer Pension Contribution: £765.33
Total Cost To An Employer: £36,528.98 per year
Income Tax And National Insurance Paid By Workers In Powys
Finally, how much income tax and national insurance do people in Powys 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 Powys paid income tax and national insurance based on the median salary of £29,718 the combined income tax and national insurance (employer and employee) paid would be £322,700,040.
If all workers in Powys paid income tax and national insurance based on the mean salary of £31,751 the combined income tax and national insurance (employer and employee) paid would be £356,000,580.
Powys Tax Calculator
More Salary Data By City
- Ceredigion
- Pembrokeshire
- Carmarthenshire
- Swansea
- Neath Port Talbot
- Bridgend
- Vale of Glamorgan
- Cardiff
- Rhondda Cynon Taf
- Merthyr Tydfil
All the data presented here comes from the Office of National Statistics.