To ask the Scottish Executive what estimate it has made of Scotland’s annual income per household.
The following table presentsthe median annual household income estimates for Scotland based on the FamilyResources Survey.
Table: Median annual household income for Scotland,2004-05
£ per year
Equivalised Net Disposable Household Income, Before Housing Costs) | Equivalised Net Disposable Household Income, After Housing Costs |
18,169 | 16,294 |
Source: Households BelowAverage Income, DWP.
Further information can befound in the latest Scottish Households Below Average Income 2004-05 publicationhttp://www.scotland.gov.uk/Resource/Doc/95793/0023203.pdf.
Notes:
Net disposablehousehold income: Totalincome after deductions for income tax, National Insurance Contributions,council tax, pension contributions and maintenance payments.
Housing costs: Net disposable income but withrent/mortgage payments, water charges, structural insurance premiums, groundrent and service charges deducted.
Equivalised netdisposable household income:'Equivalised' Income is used to allow comparisons of living standards betweendifferent household types. Income is adjusted to take into account variationsin the size and composition of the household. This adjustment reflects the factthat a family of several people requires a higher income than a single personin order for both households to enjoy a comparable standard of living. The keyassumption is that all individuals in the household benefit equally from thecombined (equivalised) income of the household. There are distinct equivalencescales used for income before housing costs (BHC) and income after housingcosts (AHC).
Median: The income valuewhich divides a population, when ranked by income, into two equal-sized groups.The measure is most commonly used to represent average income due to the highlyskewed nature of the income distribution, which leads to the very high incomesof a few having a disproportionate impact on the mean.