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If it take income in the UK as an example. • 50th percentile is 21900, • 90th is "only" 50600, • 95th is 70400, that's the salary required for the 220K avera
by gutnor 8y ago
If it take income in the UK as an example.
• 50th percentile is 21900,
• 90th is "only" 50600,
• 95th is 70400, that's the salary required for the 220K average UK house.
• 96th is 78800
• 97th is 91300
• 98th is 11000
• 99th is 159000, that's the salary required for the 500K average London house.
It really only takes off from 97th percents. Wealth diagram is probably going to look like that too.
- gytdev 8y agoYou mean per year? Also I think you miss one zero in the 9th. Can You please also provide a source?
- gutnor 8y agoThat is indeed per year in GBP. That is published by the UK Government directly: https://www.gov.uk/government/statistics/percentile-points-from-1-to-99-for-total-income-before-and-after-tax https://www.gov.uk/government/statistics/percentile-points-f... I noticed that I used an older version, so the number have increased a little. The trend is the same though, with 50th: 23200 90th: 53100 95th: 75000 and taking off after that.