Income Data
Household Income
- Paycheck provides the mean, median and mode for gross household income.
- The gross income figures in Paycheck are compiled from all household income sources, including earnings, benefits and investments.
- It provides the number of households in each of 26 household income bands, ranging from £0-5,000 to £200,000+ in increments of £5,000.
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Key Uses
- Deliver intelligence on local populations at detailed postcode level
- Understand and benchmark affordability of your products and services
- Input into statistical models
- Plan the provision of premium banking services and advisors
- Deliver insight and data enhancement
- Support planning applications for home builders
- Support accurate underwriting decisions
- Assess the effects of welfare reform changes
- Allocate public sector and social care resources effectively
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