What Salary Puts You In The Top 10% In The UK? (Here’s The Latest Data)

[@eunicef1]

Thanks again. Never stop making these videos!

[@Abdul_Rahman86]

I’m top 10% at £48k which means £2.7k net after tax, NI, pension, and shares. I am grateful but it’s not like I go shopping for Lamborghinis, holidays and eat out all the time

[@armuk]

also lot depends on location. what job is that

[@Abdul_Rahman86]

@@armukI work as a relationship manager for small businesses. It’s not a bad a salary, I used to be a fully qualified nurse and my salary was £1.6k per calendar month. It increased if I did weekends and nights so I have earned £2.3k before

[@armuk]

@@Abdul_Rahman86 that's a good number. whats the location though. salary goes much further away from the expensive areas

[@Abdul_Rahman86]

@@armukI live in Manchester, my mortgage, bills, car payments are £700. I put £500 without hesitation into my SIPP every month. Food and going out varies. I tend to do over time at the Manchester royal infirmary on some weekends to help. My minimum pay for a weekend shift is £180, and if I did 2 x 12 hour shifts on sat and sun I take home £250 after tax.

[@armuk]

@ 700p/m for mortgage, bills and car combined seems too low, especially for a property in a big city - is that really the full amount like the regular monthly habit though. key to building pot

[@Gr0nal]

What measure of inflation is used when working out real terms wage increases? CPI? Needs to be CPIH to really reflect changes in spending power imo.

[@hookedonfinance]

I used CPIH, yes

[@mrmeldrew693]

It's genuinely scary how poor the 'average' person here in our 'rich' country is. I take home around £3400 per month after tax/pension etc and feel far from wealthy. Guessing quite a lot of people exist using debt.

[@JimboJimbo-i4i]

Still top 10% baby woo