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Summary

  • Earnings or income has increased for 68% of residents in the last 12 months, compared with 48% in the previous wave
  • The proportion of residents whose income has stayed the same or reduced has fallen from just over half of residents in wave 4 to 32% in wave 5

In the last 12 months, have your income/ earnings…?

Weighted base: Wave 5: 1,955 | Wave 4: 1,692


This chart shows that
4% of residents’ income/ earning in wave 5 and 4% in wave 4 increased above inflation in the past 12 months
12% of residents’ income/ earning in wave 5 and 7% in wave 4 increase in line with inflation in the past 12 months
52% of residents’ income/ earning in wave 5 and 37% in wave 4 increased but not in line with inflation in the past 12 months
22% of residents’ income/ earning in wave 5 and 37% in wave 4 stayed the same in the past 12 months
10% of residents’ income/ earning in wave 5 and 15% in wave 4 reduced in the past 12 months

 

 

Age

Those aged 25-34 are twice as likely to have increased their income above inflation (8%). Those aged over 64 are twice as likely to have increased their income in line with inflation (23%)

Disability

Income for those with a disability is more likely to have stayed the same or decreased (40%) than for those without a disability (31%)

Household income

The most affluent households are most likely to have received an increase to their income (77%), followed by those earning £20k-£40k (75%). The lowest income households are the least likely to have seen an increase (51%)