West Midlands average salary comparison
The average salary in West Midlands is £35.5k. The UK average salary was £38.6k in 2019. 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 data was published in November 2020. The income includes incentive payments and are available for local government districts/counties.| Region | Average salary in 2020 |
|---|
| Wales | £31.5k |
| South West | £34.2k |
| East Midlands | £34.2k |
| North West | £34.6k |
| West Midlands | £35.5k |
| United Kingdom | £38.6k |
| South East | £39.4k |
West Midlands average salary comparison by sex
The average salary for female in West Midlands is £30.1k. The UK average salary for female was £33.3k in 2019. The average salary for male in West Midlands is £39.0k. The UK average salary for male was £42.2k in 2019.| Region | Female average salary, 2020 | Male average salary |
|---|
| Wales | £29.0k | £33.4k |
| South West | £29.9k | £36.8k |
| East Midlands | £29.0k | £37.3k |
| North West | £30.9k | £37.3k |
| West Midlands | £30.1k | £39.0k |
| United Kingdom | £33.3k | £42.2k |
| South East | £33.3k | £43.4k |
West Midlands median salary comparison
The median salary in West Midlands is £29.5k. The UK median salary was £31.5k in 2019.| Region | Median salary in 2020 |
|---|
| Wales | £28.1k |
| East Midlands | £29.1k |
| West Midlands | £29.5k |
| South West | £29.5k |
| North West | £29.6k |
| United Kingdom | £31.5k |
| South East | £33.0k |
West Midlands median salary comparison by sex
The median salary for female in West Midlands is £26.3k. The UK median salary for female was £28.0k in 2019. The median salary for male in West Midlands is £32.0k. The UK median salary for male was £33.9k in 2019.| Region | Female median salary, 2020 | Male median salary |
|---|
| Wales | £26.3k | £29.5k |
| East Midlands | £24.7k | £32.0k |
| West Midlands | £26.3k | £32.0k |
| South West | £26.0k | £31.8k |
| North West | £27.0k | £31.7k |
| United Kingdom | £28.0k | £33.9k |
| South East | £28.3k | £36.3k |
West Midlands unemployment rate comparison
The unemployment rate in West Midlands is 4.9%. The UK unemployment rate was 4.8% in Q4/2019 - Q3/2020.| Region | Unemployment rate in Q4/2019 - Q3/2020 |
|---|
| South East | 4.1% |
| South West | 4.1% |
| North West | 4.6% |
| Wales | 4.6% |
| United Kingdom | 4.8% |
| East Midlands | 4.9% |
| West Midlands | 4.9% |
West Midlands house price to earnings ratio
The median property price to median earnings ratio in West Midlands is 6.9. Ie. West Midlands resident with middle-income needs 6.9 gross annual salaries to buy a medium-priced property. The England and Wales ratio was 7.7 in 2019.| Region | Median house price to median salary ratio in 2019 |
|---|
| Wales | 5.7 |
| North West | 5.8 |
| East Midlands | 6.7 |
| West Midlands | 6.9 |
| England and Wales | 7.7 |
| South West | 8.6 |
| South East | 9.7 |
West Midlands net household income map
Map shows the net average household income in 2016 by middle layer super output area (MSOA). The lowest average net household income was in West Midlands, with £27.8k. The area with the highest average net income was Warwickshire, with £31.2k. Median income was £29.7k - i.e. half of the areas had income equal or above £29.7k. Median income for England and Wales was 31.9k ( the lowest income was in Leeds 086, £16.8k, the highest in Tower Hamlets 033, £93.8k).
| Name | Net income |
|---|
| lowest | West Midlands | £27.8k |
| median | | £29.7k |
| highest | Warwickshire | £31.2k |
West Midlands relative housing costs map
The map below shows housing costs share of net household income in 2016. The higher the share of income costs the darker the displayed color. An equivalisation scale and different models for income before housing costs and after housing costs may result in a few inconsitencies. Although there are some inconsistencies, it does not change significantly the overall picture of area comparison.
West Midlands working age population share
2019 population estimates.
40
West Midlands
average age40.3
England & Wales
average age
| age group | head-count | % share of population | % for Eng & Wales |
|---|
| 0-15 | 1.2M | 19.7% | 19.1% |
| 16-64 | 3.7M | 61.7% | 62.3% |
| 65+ | 1.1M | 18.6% | 18.5% |
Other reports for West Midlands region
