East London average salary comparison
The average salary is ranging between £39.2k in Waltham Forest and £80.0k in Tower Hamlets. 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.| Local authority | Average salary in 2023 |
|---|
| Waltham Forest | £39.2k |
| United Kingdom | £42.2k |
| Newham | £44.1k |
| Hackney | £52.7k |
| Tower Hamlets | £80.0k |
East London average salary comparison by sex
The average salary for female is ranging between £35.9k in Waltham Forest and £69.1k in Tower Hamlets. The UK average salary for female was £37.2k in 2023. The average salary for male is ranging between £42.1k in Waltham Forest and £86.8k in Tower Hamlets. The UK average salary for male was £45.6k in 2023.| Local authority | Female average salary, 2023 | Male average salary |
|---|
| Waltham Forest | £35.9k | £42.1k |
| United Kingdom | £37.2k | £45.6k |
| Newham | £40.1k | £47.7k |
| Hackney | £49.0k | £56.2k |
| Tower Hamlets | £69.1k | £86.8k |
East London median salary comparison
The median salary is ranging between £34.6k in Waltham Forest and £58.1k in Tower Hamlets. The UK median salary was £35.0k in 2023.| Local authority | Median salary in 2023 |
|---|
| Waltham Forest | £34.6k |
| United Kingdom | £35.0k |
| Newham | £39.7k |
| Hackney | £45.5k |
| Tower Hamlets | £58.1k |
East London median salary comparison by sex
The median salary for female is ranging between £33.9k in Waltham Forest and £49.7k in Tower Hamlets. The UK median salary for female was £31.7k in 2023. The median salary for male is ranging between £40.6k in Waltham Forest and £63.9k in Tower Hamlets. The UK median salary for male was £37.4k in 2023.| Local authority | Female median salary in 2023 | Male median salary |
|---|
| Waltham Forest | £33.9k | £40.6k |
| United Kingdom | £31.7k | £37.4k |
| Newham | £37.8k | £43.0k |
| Hackney | £43.7k | N/A |
| Tower Hamlets | £49.7k | £63.9k |
East London unemployment rate comparison
The unemployment rate is ranging between 4.1% in Hackney and 5.8% in Tower Hamlets. The UK unemployment rate was 3.7% in 2023.| Local authority | Unemployment rate in 2023 |
|---|
| United Kingdom | 3.7% |
| Hackney | 4.1% |
| Newham | 5.2% |
| Waltham Forest | 5.5% |
| Tower Hamlets | 5.8% |
East London house price to earnings ratio
The median property price to median earnings ratio is ranging between 12.4 in Newham and 14.6 in Hackney. Ie. Newham resident with middle-income needs 12.4 gross annual salaries to buy a medium-priced property. Resident in Hackney needs 14.6 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 |
| Newham | 12.4 |
| Waltham Forest | 12.8 |
| Tower Hamlets | 13.2 |
| Hackney | 14.6 |
East London 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 Newham 002, with £30.6k. The area with the highest average net income was Tower Hamlets 027, with £58.2k. Median income was £38.9k - i.e. half of the areas had income equal or above £38.9k. 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 | £30.6k |
| The median income | £38.9k |
| The highest income | £58.2k |
East London working age population share
2020 population estimates.
34.2
East London
average age40.4
England & Wales
average age
| age group | head-count | % share of population | % for Eng & Wales |
|---|
| 0-15 | 246k | 21.2% | 19.1% |
| 16-64 | 817k | 70.2% | 62.2% |
| 65+ | 100k | 8.6% | 18.6% |
Other reports for East London postcode area
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