London average salary comparison

The 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.
London average salary comparison
RegionAverage salary in 2020
South West£34.2k
East of England£37.0k
United Kingdom£38.6k
South East£39.4k
London£55.9k
London average salary by year

London average salary comparison by sex

The 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.
London average salary comparison by sex
RegionFemale average salary, 2020Male average salary
South West£29.9k£36.8k
East of England£31.7k£40.3k
United Kingdom£33.3k£42.2k
South East£33.3k£43.4k
London£45.5k£63.6k

London median salary comparison

The median salary in London is £41.0k. The UK median salary was £31.5k in 2020.
London median salary comparison
RegionMedian salary in 2020
South West£29.5k
East of England£31.0k
United Kingdom£31.5k
South East£33.0k
London£41.0k
London median salary by year

London median salary comparison by sex

The 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.
London median salary comparison by sex
RegionFemale median salary, 2020Male median salary
South West£26.0k£31.8k
East of England£27.0k£33.4k
United Kingdom£28.0k£33.9k
South East£28.3k£36.3k
London£35.8k£45.2k

London unemployment rate comparison

The unemployment rate in London is 6%. The UK unemployment rate was 4.8% in Q4/2019 - Q3/2020.
London unemployment rate comparison
RegionUnemployment rate in Q4/2019 - Q3/2020
South East4.1%
South West4.1%
East of England4.3%
United Kingdom4.8%
London6%
London unemployment rate by year

London house price to earnings ratio

The 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.
London house price to earnings ratio
RegionMedian house price to median salary ratio in 2019
England and Wales7.7
South West8.6
East of England9
South East9.7
London12.8
London house price to earnings ratio history

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).

London net household income map
NameNet income
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 relative housing costs map

London working age population share

2019 population estimates.

36.6

London
average age

40.3

England & Wales
average age
London working age population share
age grouphead-count% share of population% for Eng & Wales
0-151.8M20.6%19.1%
16-646.0M67.4%62.3%
65+1.1M12.1%18.5%

Other reports for London region

population statistics

energy costs

home energy certificates

property prices

home features

crime statistics

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