Wales average salary comparison
The average salary in Wales is £35.8k. 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.Region | Average salary in 2023 |
---|
Wales | £35.8k |
North West | £38.0k |
South West | £38.4k |
West Midlands | £38.9k |
United Kingdom | £42.2k |
Wales average salary comparison by sex
The average salary for female in Wales is £32.7k. The UK average salary for female was £37.2k in 2023. The average salary for male in Wales is £38.0k. The UK average salary for male was £45.6k in 2023.Region | Female average salary, 2023 | Male average salary |
---|
Wales | £32.7k | £38.0k |
North West | £34.0k | £40.7k |
South West | £33.8k | £41.3k |
West Midlands | £34.6k | £41.8k |
United Kingdom | £37.2k | £45.6k |
Wales median salary comparison
The median salary in Wales is £32.4k. The UK median salary was £35.0k in 2023.Region | Median salary in 2023 |
---|
Wales | £32.4k |
West Midlands | £33.0k |
North West | £33.0k |
South West | £33.5k |
United Kingdom | £35.0k |
Wales median salary comparison by sex
The median salary for female in Wales is £29.9k. The UK median salary for female was £31.7k in 2023. The median salary for male in Wales is £34.1k. The UK median salary for male was £37.4k in 2023.Region | Female median salary in 2023 | Male median salary |
---|
Wales | £29.9k | £34.1k |
West Midlands | £29.5k | £35.5k |
North West | £30.1k | £35.2k |
South West | £29.5k | £35.8k |
United Kingdom | £31.7k | £37.4k |
Wales unemployment rate comparison
The unemployment rate in Wales is 3.8%. The UK unemployment rate was 3.7% in 2023.Region | Unemployment rate in 2023 |
---|
South West | 2.5% |
North West | 3.6% |
United Kingdom | 3.7% |
Wales | 3.8% |
West Midlands | 4.5% |
Wales house price to earnings ratio
The median property price to median earnings ratio in Wales is 6.2. Ie. Wales resident with middle-income needs 6.2 gross annual salaries to buy a medium-priced property. The England and Wales ratio was 8.16 in 2022.Region | Median house price to median salary ratio in 2022 |
---|
North West | 6.2 |
Wales | 6.2 |
West Midlands | 7.2 |
England and Wales | 8.16 |
South West | 9.3 |
Wales 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 Mid Glamorgan, with £28.6k. The area with the highest average net income was South Glamorgan, with £33.9k. Median income was £29.7k - i.e. half of the areas had income equal or above £29.7k. 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 | £28.6k |
The median income | £29.7k |
The highest income | £33.9k |
Wales working age population share
2020 population estimates.
41.9
Wales
average age40.4
England & Wales
average ageage group | head-count | % share of population | % for Eng & Wales |
---|
0-15 | 563k | 17.8% | 19.1% |
16-64 | 1.9M | 61.2% | 62.2% |
65+ | 669k | 21.1% | 18.6% |
Other reports for Wales region