The median annual salary in Teignbridge is currently £27,758 and the mean (average) is £32,330 before tax.
The median salary means half of all employees in Teignbridge earn more than £27,758 and half earn less.
The mean (average) salary number of £32,330 is calculated by taking all the salaries in Teignbridge adding them up and then dividing by the total number of jobs (currently 46,000 which is 0.20% of all UK jobs).
Over the past 12 months the Teignbridge median salary of £27,758 has increased by 9.90% which places it 12.16% Below the median salary of the UK as a whole.
The mean salary of £32,330 has increased 9.70% during the same time period and now standards at 15.42% Below the mean salary of the UK.
Income (Before Tax) By Decile In Teignbridge
Top 10%: x (and above)
Top 20% £44,791
Top 25% £39,661
Top 30% £36,386
Top 40% £32,157
Bottom 40% £24,787
Bottom 30% £21,912
Bottom 25% £19,733
Bottom 20% £21,912
Bottom 10% £11,273 (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Teignbridge
The median salary of £27,758 works out to:
- Give your requirements
- Receive quotes to compare
- Choose a provider or walk away - your choice!
- £2,313.17 per month
- £552.40 per week
- £16.16 per hour
The mean salary of £32,330 works out to:
- £2,694.17 per month
- £618.10 per week
- £18.95 per hour
Men vs Women Salary Differences (Before Tax) In Teignbridge
Of the 46,000 jobs in Teignbridge, 23,000 (50.00%) were held by men and 23,000 (50.00%) were held by women.
The median salary for men was £32,560 vs £23,970 for women.
The mean salary for men was £37,246 vs £27,296 for women.
This means men in Teignbridge are paid 35.84% more based on median salaries or 36.45% 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 Teignbridge
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 £27,758:
- Salary Subject to Tax: £14,112.10
- Income Tax Owed: £2,822.42
- National Insurance: £1,215.04
- Employee Pension Deduction: £1,075.90
Take-Home Pay: £22,644.64 (81.58% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,721.44
Based on Mean Salary of £32,330:
- Salary Subject to Tax: £18,455.50
- Income Tax Owed: £3,691.10
- National Insurance: £1,580.80
- Employee Pension Deduction: £1,304.50
Take-Home Pay: £25,753.60 (79.66% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,087.20
How Expensive Is It To Employ Someone In Teignbridge?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Teignbridge it works out to:
- Salary: £27,758
- Employer National Insurance: £3,413.70
- Employer Pension Contribution: £645.54
Total Cost To An Employer: £31,817.24 per year
Based on the mean pay in Teignbridge it works out to:
- Salary: £32,330
- Employer National Insurance: £4,099.50
- Employer Pension Contribution: £782.70
Total Cost To An Employer: £37,212.20 per year
Income Tax And National Insurance Paid By Workers In Teignbridge
Finally, how much income tax and national insurance do people in Teignbridge 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 Teignbridge paid income tax and national insurance based on the median salary of £27,758 the combined income tax and national insurance (employer and employee) paid would be £342,753,360.
If all workers in Teignbridge paid income tax and national insurance based on the mean salary of £32,330 the combined income tax and national insurance (employer and employee) paid would be £431,084,400.
Teignbridge Tax Calculator
More Salary Data By City
- Torridge
- West Devon
- Gloucestershire
- Cheltenham
- Cotswold
- Forest of Dean
- Gloucester
- Stroud
- Tewkesbury
- Somerset
All the data presented here comes from the Office of National Statistics.