Colchester average salary comparisonThe average salary is ranging between £31.6k in Babergh and £40.6k in Colchester. The UK average salary was £42.2k in 2023. Gross average salary is calculated for full-time employees. Employee has to be in the same job for over 12 months. The data collected is Tax Year Ending. The income includes incentive payments and are available for local government districts/counties.
|Average salary in 2023
Colchester average salary comparison by sexThe average salary for female is ranging between £26.1k in Babergh and £31.1k in Colchester. The UK average salary for female was £37.2k in 2023. The average salary for male is ranging between £33.6k in Babergh and £46.2k in Colchester. The UK average salary for male was £45.6k in 2023.
|Female average salary, 2023
|Male average salary
Colchester median salary comparisonThe median salary is ranging between £28.5k in Babergh and £34.0k in Colchester. The UK median salary was £35.0k in 2023.
|Median salary in 2023
Colchester median salary comparison by sexThe median salary for female is ranging between £25.2k in Babergh and £30.6k in Colchester. The UK median salary for female was £31.7k in 2023. The median salary for male is ranging between £31.9k in Babergh and £37.3k in Colchester. The UK median salary for male was £37.4k in 2023.
|Female median salary in 2023
|Male median salary
Colchester unemployment rate comparisonThe unemployment rate is ranging between 3.3% in Braintree and 5.6% in Tendring. The UK unemployment rate was 3.7% in 2023.
|Unemployment rate in 2023
Colchester house price to earnings ratioThe median property price to median earnings ratio is ranging between 8.6 in Tendring and 10.6 in Babergh. Ie. Tendring resident with middle-income needs 8.6 gross annual salaries to buy a medium-priced property. Resident in Babergh needs 10.6 annual salaries. The England and Wales ratio was 8.16 in 2022.
|Median house price to median salary ratio in 2022
|England and Wales
Colchester net household income map
Map shows the net average household income in 2020 by middle layer super output area (MSOA). The lowest average net household income was in Tendring 016, with £25.8k. The area with the highest average net income was Colchester 004, with £42.7k. Median income was £34.9k - i.e. half of the areas had income equal or above £34.9k. Median income for England and Wales was 34.5k ( the lowest income was in Middlesbrough 001, £19.3k, the highest in Westminster 019, £67.0k).
|The lowest income
|The median income
|The highest income
Colchester working age population share
2020 population estimates.
40.4England & Wales
|% share of population
|% for Eng & Wales
Other reports for Colchester postcode area