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Upper class average income uk. An income of over 70 000 a year will actually put you in the top five per cent of all uk earners. Members of the class report the lowest number of social contacts of any of the classes though these do tend to be high status probably mostly other professional experts. In fact the average salary in britain is 28 677 this is the median for full time employees. The middle income group in the uk 58 is slightly smaller than the oecd average.
According to the government s own analysis the median income of the top decile of earners is 67 300 so those officially classed as the top earners are still on average paid way below that 80 000 mark. Generally in the uk people who are tradesmen selling a physical skill such as plumbers electricians and plasterers can earn a good living more than many middle class peopl. At the top end is an elite consisting of just 6 of the population who have more. Average weekly household expenditure on goods and services in the uk by region age income economic status socio economic class and household composition.
The median income of middle class households was 78 442 in 2016. The squeezed middle class figure 4 9 16 12 7 22 18 11 0 5 10 15 20 25. Upper income more than 200 of median united kingdom oecd 63 58 59 68 64 60 50 55 60 65 70 baby boomers. As others have said middle class is not about wealth but about values.
Oecd 2019 under pressure. The most recent data from hmrc shows that the median average pre tax income is around 22 400. By income class 2016 source. These numbers are in 2016 dollars and scaled to reflect a three person household.
In a 2016 report pew research center took a crack at defining upper class by income so that adults whose annual household income is more than double the national median 55 775 in 2016 after. The technical middle class is relatively well to do with an average household incomes of 38 000 average savings of 66 000 and houses worth an average of 163 000. For lower income households it was 25 624.
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