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Net annual household income (13583) Metric type
- Help text
- Net annual household income is the sum of the net income of every member of the household. It is calculated using the sum of the gross income of every member of the household plus any income from benefits such as Working Families Tax Credit, but income is net of: • income tax payments; • national insurance contributions; • domestic rates/council tax; • contributions to occupational pension schemes; • all maintenance and child support payments, which are deducted from the income of the person making the payments; and • parental contribution to students living away from home. The small area income estimates are the official estimates of annual household income at the Middle layer Super Output Area (MSOA) level in England and Wales for the financial year. They are designated National Statistics, which are calculated using a model-based method to produce four estimates of income. The estimates are produced using a combination of survey data from the Family Resources Survey and previously published data from the 2011 Census and a number of administrative data sources. Data is produced biennially
- Modified
- 13 Oct 2023
- Data last updated
- 13 Nov 2023
- Short label
- Net household income
- Status
- Live
- Output precision
- 0
- Polarity
- a high value is good
- Measure
- Net household income
- Dataset
- Annual Income
- Collection
- Income estimates for small areas
- Source
- Office for National Statistics
- is found in the following lists
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- applies to
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