Disposable income: only London, South East and East above average

Posted: April 28, 2013 in UK Economy, United Kingdom
Tags: , ,

How much money do you have left after tax, and benefits? If it was more than £16,034 in 2011, then you are above average.

Mind you, it does depend on where you live.

London disposable income was on average £20,509. It was £18,087 in the South East and £16,608 in the East of England.

In Wales it was just £14,129.

Mind, you at least the Welsh enjoined more growth than average. On average the average Welsh householders saw disposable income rise by 2.8 per cent between 20010 and 2011. The figures are not adjusted to take inflation into account by the way, so after inflation the picture looks less positive.

The South East and South West enjoyed the fastest rate of growth in disposable income between 2010 and 2011 (up 3.0 per cent), the North East the lowest growth (2.3 per cent).

It may be worth pointing out that the ONS has used a rather curious term here: Regional Gross Disposable Household Income. It defines this as the amount of money that all individuals in the household sector have available for spending or saving after income distribution measures.

In the meantime here are some charts:

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