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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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