London average salary comparisonThe average salary in London is £55.9k. 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.
|Region||Average salary in 2020|
|East of England||£37.0k|
London average salary comparison by sexThe average salary for female in London is £45.5k. The UK average salary for female was £33.3k in 2020. The average salary for male in London is £63.6k. The UK average salary for male was £42.2k in 2020.
|Region||Female average salary, 2020||Male average salary|
|East of England||£31.7k||£40.3k|
London median salary comparisonThe median salary in London is £41.0k. The UK median salary was £31.5k in 2020.
|Region||Median salary in 2020|
|East of England||£31.0k|
London median salary comparison by sexThe median salary for female in London is £35.8k. The UK median salary for female was £28.0k in 2020. The median salary for male in London is £45.2k. The UK median salary for male was £33.9k in 2020.
|Region||Female median salary, 2020||Male median salary|
|East of England||£27.0k||£33.4k|
London unemployment rate comparisonThe unemployment rate in London is 6%. The UK unemployment rate was 4.8% in Q4/2019 - Q3/2020.
|Region||Unemployment rate in Q4/2019 - Q3/2020|
|East of England||4.3%|
London house price to earnings ratioThe median property price to median earnings ratio in London is 12.8. Ie. London resident with middle-income needs 12.8 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|
|England and Wales||7.7|
|East of England||9|
London 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 Enfield 030, with £27.8k. The area with the highest average net income was Tower Hamlets 033, with £93.8k. Median income was £38.8k - i.e. half of the areas had income equal or above £38.8k. 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|| Enfield 030 || £27.8k |
|median|| || £38.8k |
|highest|| Tower Hamlets 033 || £93.8k|
London 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.
London working age population share
2019 population estimates.
40.3England & Wales
|age group||head-count||% share of population||% for Eng & Wales|
Other reports for London region