Isle of Wight average salary comparisonThe average salary in Isle of Wight is ££29.7k. The UK average salary was £38.6k in 2020. 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.
|Local authority||Average salary in 2020|
|Isle of Wight||£29.7k|
Isle of Wight average salary comparison by sexThe average salary for female in Isle of Wight is ££23.6k. The UK average salary for female was £33.3k in 2020. The average salary for male in Isle of Wight is ££33.4k. The UK average salary for male was £42.2k in 2020.
|Local authority||Female average salary, 2020||Male average salary|
|Isle of Wight||£23.6k||£33.4k|
Isle of Wight median salary comparisonThe median salary in Isle of Wight is ££27.3k. The UK median salary was £31.5k in 2020.
|Local authority||Median salary in 2020|
|Isle of Wight||£27.3k|
Isle of Wight median salary comparison by sexThe median salary for female in Isle of Wight is ££20.4k. The UK median salary for female was £28.0k in 2020. The median salary for male in Isle of Wight is ££30.0k. The UK median salary for male was £33.9k in 2020.
|Local authority||Female median salary, 2020||Male median salary|
|Isle of Wight||£20.4k||£30.0k|
Isle of Wight unemployment rate comparisonThe unemployment rate in Isle of Wight is 5%%. The UK unemployment rate was 4.5% in 2020.
|Local authority||Unemployment rate in 2020|
|Isle of Wight||5%|
Isle of Wight house price to earnings ratioThe median property price to median earnings ratio in Isle of Wight is 8.1. Ie. Isle of Wight resident with middle-income needs 8.1 gross annual salaries to buy a medium-priced property. Resident in Isle of Wight needs 8.1 annual salaries. The England and Wales ratio was 7.7 in 2019.
|Local authority||Median house price to median salary ratio in 2019|
|England and Wales||7.7|
|Isle of Wight||8.1|
Isle of Wight 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 Isle of Wight 004, with £28.4k. The area with the highest average net income was Isle of Wight 005, with £34.3k. Median income was £31.1k - i.e. half of the areas had income equal or above £31.1k. 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).
|lowest|| Isle of Wight 004 || £28.4k |
|median|| || £31.1k |
|highest|| Isle of Wight 005 || £34.3k|
Isle of Wight 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.
Isle of Wight working age population share
2019 population estimates.
46.5Isle of Wight
40.3England & Wales
|age group||head-count||% share of population||% for Eng & Wales|
Other reports for Isle of Wight county