The median annual salary in West Midlands is currently £29,966 and the mean (average) is £34,770 before tax.
The median salary means half of all employees in West Midlands earn more than £29,966 and half earn less.
The mean (average) salary number of £34,770 is calculated by taking all the salaries in West Midlands adding them up and then dividing by the total number of jobs (currently 1,879,000 which is 8.04% of all UK jobs).
Over the past 12 months the West Midlands median salary of £29,966 has increased by 5.90% which places it 5.18% Below the median salary of the UK as a whole.
The mean salary of £34,770 has increased 5.40% during the same time period and now standards at 9.04% Below the mean salary of the UK.
Income (Before Tax) By Decile In West Midlands
Top 10%: £58,805 (and above)
Top 20% £46,614
Top 25% £42,896
Top 30% £39,492
Top 40% £34,294
Bottom 40% £26,046
Bottom 30% £22,664
Bottom 25% £20,579
Bottom 20% £22,664
Bottom 10% £10,871 (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In West Midlands
The median salary of £29,966 works out to:
- Give your requirements
- Receive quotes to compare
- Choose a provider or walk away - your choice!
- £2,497.17 per month
- £582.90 per week
- £16.00 per hour
The mean salary of £34,770 works out to:
- £2,897.50 per month
- £668.50 per week
- £20.03 per hour
Men vs Women Salary Differences (Before Tax) In West Midlands
Of the 1,879,000 jobs in West Midlands, 944,000 (50.24%) were held by men and 935,000 (49.76%) were held by women.
The median salary for men was £34,589 vs £24,936 for women.
The mean salary for men was £39,911 vs £29,578 for women.
This means men in West Midlands are paid 38.71% more based on median salaries or 34.93% 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 West Midlands
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 £29,966:
- Salary Subject to Tax: £16,209.70
- Income Tax Owed: £3,241.94
- National Insurance: £1,391.68
- Employee Pension Deduction: £1,186.30
Take-Home Pay: £24,146.08 (80.58% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,898.08
Based on Mean Salary of £34,770:
- Salary Subject to Tax: £20,773.50
- Income Tax Owed: £4,154.70
- National Insurance: £1,776.00
- Employee Pension Deduction: £1,426.50
Take-Home Pay: £27,412.80 (78.84% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,282.40
How Expensive Is It To Employ Someone In West Midlands?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in West Midlands it works out to:
- Salary: £29,966
- Employer National Insurance: £3,744.90
- Employer Pension Contribution: £711.78
Total Cost To An Employer: £34,422.68 per year
Based on the mean pay in West Midlands it works out to:
- Salary: £34,770
- Employer National Insurance: £4,465.50
- Employer Pension Contribution: £855.90
Total Cost To An Employer: £40,091.40 per year
Income Tax And National Insurance Paid By Workers In West Midlands
Finally, how much income tax and national insurance do people in West Midlands 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 West Midlands paid income tax and national insurance based on the median salary of £29,966 the combined income tax and national insurance (employer and employee) paid would be £15,743,239,080.
If all workers in West Midlands paid income tax and national insurance based on the mean salary of £34,770 the combined income tax and national insurance (employer and employee) paid would be £19,534,459,800.
West Midlands Tax Calculator
More Salary Data By City
- Herefordshire
- Stoke-on-Trent
- Telford and Wrekin
- Shropshire
- Staffordshire
- Cannock Chase
- East Staffordshire
- Lichfield
- Newcastle-under-Lyme
- South Staffordshire
All the data presented here comes from the Office of National Statistics.