The median annual salary in Wychavon is currently £30,331 and the mean (average) is £34,561 before tax.
The median salary means half of all employees in Wychavon earn more than £30,331 and half earn less.
The mean (average) salary number of £34,561 is calculated by taking all the salaries in Wychavon adding them up and then dividing by the total number of jobs (currently 48,000 which is 0.21% of all UK jobs).
Over the past 12 months the Wychavon median salary of £30,331 has increased by 6.70% which places it 4.02% Below the median salary of the UK as a whole.
The mean salary of £34,561 has increased 8.70% during the same time period and now standards at 9.58% Below the mean salary of the UK.
Income (Before Tax) By Decile In Wychavon
Top 10%: x (and above)
Top 20% £44,765
Top 25% £39,702
Top 30% £37,167
Top 40% £33,357
Bottom 40% £26,514
Bottom 30% £22,333
Bottom 25% £20,133
Bottom 20% £22,333
Bottom 10% £11,216 (and below)
Average Monthly, Weekly & Hourly Pay (Before Tax) In Wychavon
The median salary of £30,331 works out to:
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- £2,527.58 per month
- £580.00 per week
- £15.39 per hour
The mean salary of £34,561 works out to:
- £2,880.08 per month
- £635.60 per week
- £19.73 per hour
Men vs Women Salary Differences (Before Tax) In Wychavon
Of the 48,000 jobs in Wychavon, 23,000 (47.92%) were held by men and 25,000 (52.08%) were held by women.
The median salary for men was £34,140 vs £25,428 for women.
The mean salary for men was £39,725 vs £29,894 for women.
This means men in Wychavon are paid 34.26% more based on median salaries or 32.89% 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 Wychavon
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 £30,331:
- Salary Subject to Tax: £16,556.45
- Income Tax Owed: £3,311.29
- National Insurance: £1,420.88
- Employee Pension Deduction: £1,204.55
Take-Home Pay: £24,394.28 (80.43% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £1,927.28
Based on Mean Salary of £34,561:
- Salary Subject to Tax: £20,574.95
- Income Tax Owed: £4,114.99
- National Insurance: £1,759.28
- Employee Pension Deduction: £1,416.05
Take-Home Pay: £27,270.68 (78.91% of gross salary)
Total Gross Pension Contributions (Employee + Employer): £2,265.68
How Expensive Is It To Employ Someone In Wychavon?
The direct cost to employee someone includes salary, employer national insurance and employer pension contributions (3%).
Based on the median pay in Wychavon it works out to:
- Salary: £30,331
- Employer National Insurance: £3,799.65
- Employer Pension Contribution: £722.73
Total Cost To An Employer: £34,853.38 per year
Based on the mean pay in Wychavon it works out to:
- Salary: £34,561
- Employer National Insurance: £4,434.15
- Employer Pension Contribution: £849.63
Total Cost To An Employer: £39,844.78 per year
Income Tax And National Insurance Paid By Workers In Wychavon
Finally, how much income tax and national insurance do people in Wychavon 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 Wychavon paid income tax and national insurance based on the median salary of £30,331 the combined income tax and national insurance (employer and employee) paid would be £409,527,360.
If all workers in Wychavon paid income tax and national insurance based on the mean salary of £34,561 the combined income tax and national insurance (employer and employee) paid would be £494,804,160.
Wychavon Tax Calculator
More Salary Data By City
- Wyre Forest
- East of England
- Bedford
- Central Bedfordshire
- Luton
- Peterborough
- Southend-on-Sea
- Thurrock
- Cambridgeshire
- Cambridge
All the data presented here comes from the Office of National Statistics.