Milton Keynes average salary comparisonThe average salary is ranging between £35.0k in Central Bedfordshire and £42.7k in Aylesbury Vale. 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|
Milton Keynes average salary comparison by sexThe average salary for female is ranging between £31.8k in Central Bedfordshire and £32.4k in Milton Keynes. The UK average salary for female was £33.3k in 2020. The average salary for male is ranging between £36.9k in Central Bedfordshire and £41.9k in Milton Keynes. The UK average salary for male was £42.2k in 2020.
|Local authority||Female average salary, 2020||Male average salary|
Milton Keynes median salary comparisonThe median salary is ranging between £30.6k in Central Bedfordshire and £34.1k in Aylesbury Vale. The UK median salary was £31.5k in 2020.
|Local authority||Median salary in 2020|
Milton Keynes median salary comparison by sexThe median salary for female is ranging between £27.5k in Central Bedfordshire and £29.4k in Milton Keynes. The UK median salary for female was £28.0k in 2020. The median salary for male is ranging between £31.2k in Central Bedfordshire and £37.2k in Milton Keynes. The UK median salary for male was £33.9k in 2020.
|Local authority||Female median salary, 2020||Male median salary|
Milton Keynes unemployment rate comparisonThe unemployment rate is ranging between 2.3% in Central Bedfordshire and 3.9% in Milton Keynes. The UK unemployment rate was 4.8% in Q4/2019 - Q3/2020.
|Local authority||Unemployment rate in Q4/2019 - Q3/2020|
Milton Keynes house price to earnings ratioThe median property price to median earnings ratio is ranging between 8.8 in Milton Keynes and 10.1 in Aylesbury Vale. Ie. Milton Keynes resident with middle-income needs 8.8 gross annual salaries to buy a medium-priced property. Resident in Aylesbury Vale needs 10.1 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|
Milton Keynes 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 Bedford 013, with £25.0k. The area with the highest average net income was Milton Keynes 025, with £49.8k. Median income was £39.7k - i.e. half of the areas had income equal or above £39.7k. 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|| Bedford 013 || £25.0k |
|median|| || £39.7k |
|highest|| Milton Keynes 025 || £49.8k|
Milton Keynes 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.
Milton Keynes working age population share
2019 population estimates.
40.3England & Wales
|age group||head-count||% share of population||% for Eng & Wales|
Other reports for Milton Keynes postcode area