Colchester average salary comparison
The average salary is ranging between £30.1k in Babergh and £40.3k in Colchester. The UK average salary was £40.0k in 2022. 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 October 2022. The income includes incentive payments and are available for local government districts/counties.| Local authority | Average salary in 2022 |
|---|
| Babergh | £30.1k |
| Braintree | £35.6k |
| United Kingdom | £40.0k |
| Colchester | £40.3k |
Colchester average salary comparison by sex
The average salary for female is ranging between £24.7k in Babergh and £28.9k in Braintree. The UK average salary for female was £35.0k in 2022. The average salary for male is ranging between £31.7k in Babergh and £38.8k in Braintree. The UK average salary for male was £43.3k in 2022.| Local authority | Female average salary, 2022 | Male average salary |
|---|
| Babergh | £24.7k | £31.7k |
| Braintree | £28.9k | £38.8k |
| United Kingdom | £35.0k | £43.3k |
| Colchester | N/A | £42.9k |
Colchester median salary comparison
The median salary is ranging between £26.1k in Babergh and £31.7k in Braintree. The UK median salary was £33.0k in 2022.| Local authority | Median salary in 2022 |
|---|
| Babergh | £26.1k |
| Colchester | £31.7k |
| Braintree | £31.7k |
| United Kingdom | £33.0k |
Colchester median salary comparison by sex
The median salary for female is ranging between £22.3k in Babergh and £25.0k in Braintree. The UK median salary for female was £29.7k in 2022. The median salary for male is ranging between £27.5k in Babergh and £34.0k in Braintree. The UK median salary for male was £35.3k in 2022.| Local authority | Female median salary in 2022 | Male median salary |
|---|
| Babergh | £22.3k | £27.5k |
| Colchester | £26.1k | £35.3k |
| Braintree | £25.0k | £34.0k |
| United Kingdom | £29.7k | £35.3k |
Colchester unemployment rate comparison
The unemployment rate is ranging between 2.6% in Braintree and 4.3% in Tendring. The UK unemployment rate was 3.8% in 2022.| Local authority | Unemployment rate in 2022 |
|---|
| Braintree | 2.6% |
| Babergh | 3% |
| Colchester | 3.2% |
| United Kingdom | 3.8% |
| Tendring | 4.3% |
Colchester house price to earnings ratio
The 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.| Local authority | Median house price to median salary ratio in 2022 |
|---|
| England and Wales | 8.16 |
| Tendring | 8.6 |
| Colchester | 8.8 |
| Braintree | 9 |
| Babergh | 10.6 |
Colchester 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 Tendring 015, with £25.9k. The area with the highest average net income was Colchester 001, with £47.0k. Median income was £35.9k - i.e. half of the areas had income equal or above £35.9k. 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 | Tendring 015 | £25.9k |
| median | | £35.9k |
| highest | Colchester 001 | £47.0k |
Colchester 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.
Colchester working age population share
2020 population estimates.
43
Colchester
average age40.4
England & Wales
average age
| age group | head-count | % share of population | % for Eng & Wales |
|---|
| 0-15 | 79.4k | 17.6% | 19.1% |
| 16-64 | 267k | 59.0% | 62.2% |
| 65+ | 106k | 23.4% | 18.6% |
Other reports for Colchester postcode area
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