Isle of Wight average salary comparison
The average salary in Isle of Wight is £34.7k. The UK average salary was £45.8k in 2024. Gross average salary is calculated for full-time employees. Employee has to be in the same job for over 12 months. The data collected is Tax Year Ending. The income includes incentive payments and are available for local government districts/counties.| Local authority | Average salary in 2024 |
|---|
| Isle of Wight | £34.7k |
| United Kingdom | £45.8k |
Isle of Wight average salary comparison by sex
The average salary for female in Isle of Wight is £32.9k. The UK average salary for female was £39.9k in 2024. The average salary for male in Isle of Wight is £36.6k. The UK average salary for male was £50.2k in 2024.| Local authority | Female average salary, 2024 | Male average salary |
|---|
| Isle of Wight | £32.9k | £36.6k |
| United Kingdom | £39.9k | £50.2k |
Isle of Wight median salary comparison
The median salary in Isle of Wight is £31.0k. The UK median salary was £37.4k in 2024.| Local authority | Median salary in 2024 |
|---|
| Isle of Wight | £31.0k |
| United Kingdom | £37.4k |
Isle of Wight median salary comparison by sex
The median salary for female in Isle of Wight is £31.4k. The UK median salary for female was £34.0k in 2024. The median salary for male in Isle of Wight is £30.3k. The UK median salary for male was £40.0k in 2024.| Local authority | Female median salary in 2024 | Male median salary |
|---|
| Isle of Wight | £31.4k | £30.3k |
| United Kingdom | £34.0k | £40.0k |
Isle of Wight unemployment rate comparison
The unemployment rate in Isle of Wight is 4.1%. The UK unemployment rate was 3.7% in 2024.| Local authority | Unemployment rate in 2024 |
|---|
| United Kingdom | 3.7% |
| Isle of Wight | 4.1% |
Isle of Wight house price to earnings ratio
The median property price to median earnings ratio in Isle of Wight is 9.5. Ie. Isle of Wight resident with middle-income needs 9.5 gross annual salaries to buy a medium-priced property. Resident in Isle of Wight needs 9.5 annual salaries. The England and Wales ratio was 8.14 in 2023.| Local authority | Median house price to median salary ratio in 2023 |
|---|
| England and Wales | 8.14 |
| Isle of Wight | 9.5 |
Isle of Wight net household income map
Map shows the net average household income in 2020 by middle layer super output area (MSOA). The lowest average net household income was in Isle of Wight 016, with £28.3k. The area with the highest average net income was Isle of Wight 013, with £35.8k. Median income was £31.6k - i.e. half of the areas had income equal or above £31.6k. Median income for England and Wales was 34.5k ( the lowest income was in Middlesbrough 001, £19.3k, the highest in Westminster 019, £67.0k).
| The lowest income | £28.3k |
| The median income | £31.6k |
| The highest income | £35.8k |
Isle of Wight working age population share
2020 population estimates.
46.7
Isle of Wight
average age40.4
England & Wales
average age
| age group | head-count | % share of population | % for Eng & Wales |
|---|
| 0-15 | 21.9k | 15.4% | 19.1% |
| 16-64 | 79.6k | 55.9% | 62.2% |
| 65+ | 40.9k | 28.7% | 18.6% |
Other reports for Isle of Wight county
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