Household income distribution report 2019/2020
Produced by the
Statistics Jersey (Strategic Policy, Planning and Performance)
Authored by
Statistics Jersey
and published on
06 May 2022
Prepared internally, no external cost
Summary
Key statistics:
- mean household income was £1,040 per week before housing costs and £890 per week after housing costs
- there was a real-term increase of 9%, adjusted for inflation, in mean income after housing costs since 2014/2015; the nominal increase, without adjusting for inflation, was 24%
-
median equivalised household income was £790 per week before housing costs and £690 per week after housing costs
-
there was a real-term increase of 9% in median income after housing costs since 2014/2015, the nominal increase was 23%
-
median household income was 44% higher in Jersey than the UK
-
after housing costs, 27% of households and 22% of individuals were living in relative low income (RLI), defined as household income below 60% of median income: £480 per week before housing costs and £410 per week after housing costs
-
one in four (27%) households were in RLI, a higher proportion than the UK (22%)
- one in five (22%) individuals were in RLI, the same proportion as the UK (22%)
- one in four (25%) children were in RLI, a lower proportion than the UK (31%)
- one in three (34%) pensioners were in RLI, twice the proportion of the UK (18%)
- households living in rental accommodation (including the qualified, social and non-qualified sectors) spent, on average, around a third (32%) of their income on housing costs, the same proportion as in 2014/2015
Key themes
- since 2014/2015, mean and median household incomes have increased by more than inflation, as measured by the Retail Prices Index
- the benefits and tax system improve income inequality; housing costs removes this improvement
- the proportions of households and individuals living in relative low income (RLI) are similar to those recorded in 2014/2015
- the mean household income after housing costs of those in the lowest quintile (lowest 20%) increased by 1% in real-terms over the last five years, and 14% in nominal terms. This compares with a 9% increase in real-terms for all households, and a 24% nominal increase.