It shows you where different household incomes will fit in to the income distribution (it is based on net income after benefits and tax deductions taking into account the size of household)
some examples:
A household of 2 adults and 2 children (aged under 13) living in a council tax band D house in Leeds, with a combined income of £32000 a year would be around the mid point of the distribution, better off than 50% of the population.
A single person living in a band A house in Leeds, on an income of £17000 a year would be better off than 58% of the population.
A household of 2 adults without children living in a band C house in Leeds, on a combined income of £65000 a year, will be better off than 97% of the population
Not asking people to post on here to brag/complain about their incomes but thought people might be interested in this, if you haven't seen it before
It shows you where different household incomes will fit in to the income distribution (it is based on net income after benefits and tax deductions taking into account the size of household)
some examples:
A household of 2 adults and 2 children (aged under 13) living in a council tax band D house in Leeds, with a combined income of £32000 a year would be around the mid point of the distribution, better off than 50% of the population.
A single person living in a band A house in Leeds, on an income of £17000 a year would be better off than 58% of the population.
A household of 2 adults without children living in a band C house in Leeds, on a combined income of £65000 a year, will be better off than 97% of the population
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Post subject: Re: Where do you fit in to the UK income distribution..
Posted: Mon Jan 30, 2012 7:36 pm
CORNISH
International Chairman
Joined: Apr 13 2002 Posts: 3569 Location: enjoying the fresh air,moors and beaches of devon and cornwall
since i became ill and also not qualifying for any benefits........
you have a higher income than around 8% of the population - equivalent to about 4.9 million individuals.
before i was ill and working......
you have a higher income than around 45% of the population - equivalent to about 27.3 million individuals.
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Post subject: Re: Where do you fit in to the UK income distribution..
Posted: Mon Jan 30, 2012 8:06 pm
McLaren_Field
International Chairman
Joined: Feb 26 2002 Posts: 32466 Location: Leeds
Interesting.
Quote:you have a higher income than around 67% of the population
Its persuaded me that adding two "adult" wage earning children into the equation would now make us as wealthy as we were when I was running my own business and setting my own remuneration rather than (as now) working for someone else on a fixed salary.
Of course those two "adult" wage earning children only add a very small amount of their income into the household pot, prefering to spend it on themselves instead - and that is why I am skint now and not really believing the survey.
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Post subject: Re: Where do you fit in to the UK income distribution..
Posted: Mon Jan 30, 2012 8:27 pm
cod'ead
International Chairman
Joined: May 25 2002 Posts: 37704 Location: Zummerzet, where the zoider apples grow
I wonder why they exclude rent or mortgage payments from the calculations?
The older I get, the better I was
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Post subject: Re: Where do you fit in to the UK income distribution..
Posted: Mon Jan 30, 2012 8:54 pm
Standee
In The Arms of 13 Angels
Joined: Apr 03 2003 Posts: 37503
cod'ead wrote:I wonder why they exclude rent or mortgage payments from the calculations?
does seem odd, as does the omission of most other standard bills, the whole thing suggests that the only thing you pay out of your income is Council Tax, which as we all know is garbage.
Also, according to the site, we are in the top 1%, so am I led to believe that the top 1% earn between £100k a year and the multi-millions that professional footballers get paid?
Post subject: Re: Where do you fit in to the UK income distribution..
Posted: Mon Jan 30, 2012 9:06 pm
Wire Yed
In The Arms of 13 Angels
Joined: Mar 15 2009 Posts: 20628
Quote:With a household after tax income of £1218 per week, you have a higher income than around 97% of the population - equivalent to about 58.8 million individuals.
Post subject: Re: Where do you fit in to the UK income distribution..
Posted: Mon Jan 30, 2012 9:07 pm
rover49
Player Coach
Joined: Mar 05 2007 Posts: 13190 Location: Hedon (sometimes), sometimes Premier Inn's
Quite alarming, I don't think I am that well paid for what I do, but my wife and I are better off than 86% of the population.
'when my life is over, the thing which will have given me greatest pride is that I was first to plunge into the sea, swimming freely underwater without any connection to the terrestrial world'
Post subject: Re: Where do you fit in to the UK income distribution..
Posted: Mon Jan 30, 2012 9:17 pm
Dally
International Chairman
Joined: Dec 22 2001 Posts: 14845
Standee wrote:does seem odd, as does the omission of most other standard bills, the whole thing suggests that the only thing you pay out of your income is Council Tax, which as we all know is garbage.
Also, according to the site, we are in the top 1%, so am I led to believe that the top 1% earn between £100k a year and the multi-millions that professional footballers get paid?
in short, it's a load of bollox.
You're supposed to put your net income in (not gross).
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