How Much Do The Top 25%, 10% & 1% Earn In The UK (2025)?

Matt | Personal Finance

This Short looks at the latest income and salary figures revealing how much the top 25%, 10% and 1% are earning across the UK.   The data on income is from the Office for National Statistics (ONS). The numbers tell us an interesting story about age, sector and location based earnings.   #earnings #pay #income #salary #personalfinance #moneytips

Transcript

00:00The figures I'm going to show in this video are based on the ONS September 2024 report,

00:05which you can access online. These are pre-tax figures and are based on both full-time and

00:10part-time earners. If you were to exclude the part-time earners, then the salary amount for

00:14full-time earners would be slightly higher. If you look at the overall UK median salary per month,

00:19it is £2,420 or £29,040 per year. This is up by about 6.2% compared to last year,

00:28with the recent high inflation continuing to push up wages. The median pay varies greatly by

00:34industry. And as you can see from this graph, finance and insurance lead the way with the

00:39highest median salaries. Then health work, education, construction, transportation,

00:45and manufacturing jobs are in the middle with accommodation, food, retail, and the arts and

00:50entertainment industries with the lowest median salaries. So what are the top 25% earning? On

00:57average, people in this category are earning £40,920 per year or £3,410 per month. There are

01:06around 5.6 million full-time earners in the UK in this category. You might be watching this video

01:12and thinking, actually, I'm earning close to that, or even I'm earning more than that. And that's great

01:17if that's the case, because that means you're already earning more than the majority of people

01:21in the UK. So next up is the top 10%. According to the ONS report, they're earning on average £66,060

01:30per year or £5,505 per month. There are around 2.25 million full-time earners in the UK in this group,

01:39and managers, directors, and senior officials are the highest earners in this category.

01:44And finally, what are the top 1% earn in the UK? They earn a massive £187,596 per year or £15,633

01:57per month. Although this is a big jump from the top 10%, you might be thinking, this is not quite as

02:03much as you were expecting. Remember, this is earned income and not wealth from things like assets. A lot

02:10of the rich people in the UK will be increasing their wealth from their assets appreciating,

02:16such as stocks and shares or real estate. And this is not factored into the earned income calculation.

02:22There are a couple of factors influencing earnings in the UK. The first is the strong correlation

02:27between earnings and age. So as age increases, so does earnings. The highest earners in the UK are

02:34typically in their 40s or early 50s. And the lowest earners in the UK are typically under 20 or in their

02:42early 20s. So don't worry if you feel like you're behind or you're not in the top categories of earnings

02:48just yet. The second factor is location, which also plays a big part.

02:53It's still very important. Often it's company, which is a very good, but haven't been involved in the UK

03:05US and a very good effect. But in also somewhere in the UK, the reason for this is for so many

03:14winners is looking towards the UK players.

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