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Personal Income

Volume 467: debated on Thursday 22 November 2007

To ask the Secretary of State for Work and Pensions what his estimate is of the range of incomes in (a) each decile, (b) the top 5 per cent., (c) the top 1 per cent., (d) the top 0.1 per cent. and (e) the top 0.01 per cent. of incomes in the UK population. (162277)

[holding answer 12 November 2007]: Information for each decile is shown in the following table.

Household income of individuals in pounds per week equivalised, for each decile, 2005-06

Before housing costs

After housing costs

Decile 1

181

132

Decile 2

226

179

Decile 3

269

221

Decile 4

313

263

Decile 5

362

310

Decile 6

416

359

Decile 7

482

420

Decile 8

573

504

Decile 9

734

654

Information on the top 5 per cent. is shown in the following table.

Household income of individuals in pounds per week equivalised, for the top 5 per cent. of the income distribution, 2005-06

Before housing costs

After housing costs

Top 5 per cent.

939

842

Notes:

1. Household incomes for individuals in the UK are shown as equivalised pounds in 2005-06 prices. Equivalisation is the process by which household income is adjusted by household size and composition as a proxy for material living standards.

2. The first table shows the maximum income per week in each decile group. This is in contrast to DWP’s National Statistics’ series Households Below Average Income where each decile of the income distribution is presented using the median of that decile.

3. The second table presents the household income of the 95th percentile of the income distribution.

4. All estimates are subject to sampling error.

Source:

Family Resources Survey.

Information on the top 1 per cent., top 0.1 per cent. and top 0.01 per cent. is not

available from the Family Resources Survey due to small sample sizes.