UK: Average annual retired household income 2000-2019

This statistic shows the annual mean income of retired households in the United Kingdom (UK) from 2000 to 2019, measured in British pounds. In the period of consideration, mean income of retired households presented a trend of growth, despite some fluctuation. In the financial year 2018/19, the annual mean income of these households amounted to 28.6 thousand British pounds. The financial year of 2018/19 saw a growth of roughly 43 percent in comparison with the financial year of 2000/01.

Mean annual retired household income in the United Kingdom (UK) from 2000 to 2019* (in GBP)

Characteristic	Income in British pounds
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Release date

July 2019

More information

Region

United Kingdom

Survey time period

April 1, 2000 to March 31, 2019

Supplementary notes

* Provisional data

Income figures have been deflated to 2016/2017 prices using our Consumer Price Index which includes owner occupiers' housing costs.

The source adds: ''Retired' refers to anyone living in a retired household. A retired household is one where more than 50% of its income is sourced from people who (i) define themselves as retired and are aged over 50 ,OR (ii) define themselves as “Sick/Injured”, not seeking work and aged at or above the State Pension Age (SPA). '

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