Londoners living in the boroughs of Kensington & Chelsea and Hammersmith & Fulham enjoy the largest disposable income in the UK, whilst cities in the East Midlands, like Nottingham and Leicester, have some of the lowest disposable incomes.
According to new figures from the Office for National Statistics (ONS), all of the top 10 areas boasting the largest incomes were in London and the south-east, with the capital representing the top five.
The average disposable income for residents in Leicester was 12,848, significantly behind the average for the whole of the country at £19,432 per head, the data showed.
Nottingham was the lowest-income city, with residents earning just one-fifth that of people in West London. This was followed by Blackburn with Darwen and Leicester.
The data – based on figures from 2016 – revealed people in Kensington, Chelsea, Hammersmith and Fulham take home an average of £58,816 per head.
The UK Top 5
- Kensington & Chelsea and Hammersmith & Fulham: £58,816
- Westminster: £50,910
- Camden and City of London: £45,225
- Wandsworth: £37,288
- Hounslow and Richmond upon Thames: £31,505
The data also revealed the areas in the UK with the lowest incomes – the bottom 5 were all within the north and midland regions of England.
The UK Bottom 5
- Nottingham: £12,232
- Blackburn with Darwen: £12,450
- Leicester: £12,848
- Sandwell: £13,164
- Manchester: £13,184
The data revealed large differences in living standards between regions.
The ONS said that during 2016 “gross disposable household income grew in all regions except the north-east and north-west, which fell by 0.6 per cent and 0.2 per cent respectively. The largest percentage increase was in the east of England at 1.3 per cent”.