However, during the 10-year period leading up to FYE 2020, median income grew by 7%, on average 0.8% per year. Median income between the financial year ending (FYE) 2019 (April 2018 to March 2019) and FYE 2020 (April 2019 to March 2020) remained broadly unchanged at £29,900. Estimates from FYE 2018 onwards are based on the Household Finances Survey, which the LCF is part of.ĭownload this image Figure 2: Median income grew by 7% during the 10-year period leading up to financial year ending 2020.
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