what is the average household income in the uk 2017
Income in the United Kingdom The most recent SPI report (2012/13) gave annual median income as £21,000 before tax and £18,700 after tax.[2] The 2013/14 HBAI report gave median household income (2 adults) as £23,556.[4] The provisional results from the April 2014 ASHE report gives median gross annual earnings of £22,044 for all employees and £27,195 for full-time employees.[8]
Household income in the United States Another common measurement of personal income is the mean household income. Unlike the median household income, which divides all households in two halves, the mean income is the average income earned by American households. In the case of mean income, the income of all households is divided by the number of all households.[22] The mean income is usually more affected by the relatively unequal distribution of income which tilts towards the top.[23] As a result, the mean tends to be higher than the median income, with the top earning households boosting it. Overall, the mean household income in the United States, according to the US Census Bureau 2014 Annual Social and Economic Supplement, was $72,641.[24]