The median annual salary in Solihull is currently £33,965 and the mean (average) is £40,507 before tax.
The median salary means half of all employees in Solihull earn more than £33,965 and half earn less.
The mean (average) salary number of £40,507 is calculated by taking all the salaries in Solihull adding them up and then dividing by the total number of jobs (currently 65,000 which is 0.28% of all UK jobs).
Over the past 12 months the Solihull median salary of £33,965 has increased by 1.00% which places it 7.48% Above the median salary of the UK as a whole.
The mean salary of £40,507 has increased 5.10% during the same time period and now standards at 5.97% Above the mean salary of the UK.
Income (Before Tax) By Decile In Solihull
Top 10%: x (and above)
Top 20% £57,252
Top 25% £53,997
Top 30% £49,904
Top 40% £40,268
Bottom 40% £29,062
Bottom 30% £24,758
Bottom 25% £22,647
Bottom 20% £24,758
Bottom 10% £11,096 (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Solihull
The median salary of £33,965 works out to:
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- £2,830.42 per month
- £655.40 per week
- £18.26 per hour
The mean salary of £40,507 works out to:
- £3,375.58 per month
- £770.80 per week
- £23.55 per hour
Men vs Women Salary Differences (Before Tax) In Solihull
Of the 65,000 jobs in Solihull, 31,000 (47.69%) were held by men and 34,000 (52.31%) were held by women.
The median salary for men was £39,816 vs £28,930 for women.
The mean salary for men was £47,175 vs £34,456 for women.
This means men in Solihull are paid 37.63% more based on median salaries or 36.91% 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 Solihull
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 £33,965:
- Salary Subject to Tax: £20,008.75
- Income Tax Owed: £4,001.75
- National Insurance: £1,711.60
- Employee Pension Deduction: £1,386.25
Take-Home Pay: £26,865.40 (79.10% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,218.00
Based on Mean Salary of £40,507:
- Salary Subject to Tax: £26,223.65
- Income Tax Owed: £5,244.73
- National Insurance: £2,234.96
- Employee Pension Deduction: £1,713.35
Take-Home Pay: £31,313.96 (77.31% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,741.36
How Expensive Is It To Employ Someone In Solihull?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Solihull it works out to:
- Salary: £33,965
- Employer National Insurance: £4,344.75
- Employer Pension Contribution: £831.75
Total Cost To An Employer: £39,141.50 per year
Based on the mean pay in Solihull it works out to:
- Salary: £40,507
- Employer National Insurance: £5,326.05
- Employer Pension Contribution: £1,028.01
Total Cost To An Employer: £46,861.06 per year
Income Tax And National Insurance Paid By Workers In Solihull
Finally, how much income tax and national insurance do people in Solihull 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 Solihull paid income tax and national insurance based on the median salary of £33,965 the combined income tax and national insurance (employer and employee) paid would be £653,776,500.
If all workers in Solihull paid income tax and national insurance based on the mean salary of £40,507 the combined income tax and national insurance (employer and employee) paid would be £832,373,100.
Solihull Tax Calculator
More Salary Data By City
- Walsall
- Wolverhampton
- Worcestershire
- Bromsgrove
- Malvern Hills
- Redditch
- Worcester
- Wychavon
- Wyre Forest
- East of England
All the data presented here comes from the Office of National Statistics.
