The median annual salary in Somerset is currently £28,903 and the mean (average) is £32,895 before tax.
The median salary means half of all employees in Somerset earn more than £28,903 and half earn less.
The mean (average) salary number of £32,895 is calculated by taking all the salaries in Somerset adding them up and then dividing by the total number of jobs (currently 209,000 which is 0.89% of all UK jobs).
Over the past 12 months the Somerset median salary of £28,903 has increased by 9.40% which places it 8.54% Below the median salary of the UK as a whole.
The mean salary of £32,895 has increased 8.00% during the same time period and now standards at 13.94% Below the mean salary of the UK.
Income (Before Tax) By Decile In Somerset
Top 10%: x (and above)
Top 20% £44,443
Top 25% £40,326
Top 30% £37,935
Top 40% £33,434
Bottom 40% £25,177
Bottom 30% £21,150
Bottom 25% £18,497
Bottom 20% £21,150
Bottom 10% £9,211 (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Somerset
The median salary of £28,903 works out to:
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- £2,408.58 per month
- £563.60 per week
- £15.19 per hour
The mean salary of £32,895 works out to:
- £2,741.25 per month
- £623.50 per week
- £19.20 per hour
Men vs Women Salary Differences (Before Tax) In Somerset
Of the 209,000 jobs in Somerset, 104,000 (49.76%) were held by men and 106,000 (50.72%) were held by women.
The median salary for men was £34,742 vs £23,248 for women.
The mean salary for men was £40,519 vs £25,442 for women.
This means men in Somerset are paid 49.44% more based on median salaries or 59.26% 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 Somerset
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 £28,903:
- Salary Subject to Tax: £15,199.85
- Income Tax Owed: £3,039.97
- National Insurance: £1,306.64
- Employee Pension Deduction: £1,133.15
Take-Home Pay: £23,423.24 (81.04% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,813.04
Based on Mean Salary of £32,895:
- Salary Subject to Tax: £18,992.25
- Income Tax Owed: £3,798.45
- National Insurance: £1,626.00
- Employee Pension Deduction: £1,332.75
Take-Home Pay: £26,137.80 (79.46% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,132.40
How Expensive Is It To Employ Someone In Somerset?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Somerset it works out to:
- Salary: £28,903
- Employer National Insurance: £3,585.45
- Employer Pension Contribution: £679.89
Total Cost To An Employer: £33,168.34 per year
Based on the mean pay in Somerset it works out to:
- Salary: £32,895
- Employer National Insurance: £4,184.25
- Employer Pension Contribution: £799.65
Total Cost To An Employer: £37,878.90 per year
Income Tax And National Insurance Paid By Workers In Somerset
Finally, how much income tax and national insurance do people in Somerset 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 Somerset paid income tax and national insurance based on the median salary of £28,903 the combined income tax and national insurance (employer and employee) paid would be £1,657,800,540.
If all workers in Somerset paid income tax and national insurance based on the mean salary of £32,895 the combined income tax and national insurance (employer and employee) paid would be £2,008,218,300.
Somerset Tax Calculator
More Salary Data By City
All the data presented here comes from the Office of National Statistics.