Categories: Economy, Personal Finances, Personal Income and Wealth, Effects of Taxes and Benefits on Households, Income Distribution of Individuals, Income Inequality of Households, People and Places, Housing and Households, Households, Household Income and Expenditure
Frequency of release: Ad-hoc
Language: English
Geographical coverage: UK
Geographical breakdown: UK
Survey name(s): Living Costs and Food Survey
This short article analyses some of the key trends affecting the incomes of households in the middle of the income distribution. It studies the change in median household income between 1977 and 2010/11 and compares this with changes in GDP per person for both the UK and USA. The article then looks at how the characteristics of the middle fifth of households have changed over time and how the composition of their income has changed during the recent economic downturn and over the longer term.
These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.