Income Percentile Analysis
£40,000 in United Kingdom
Discover where £40,000 ranks in United Kingdom's income distribution, calculate your take-home pay, and see how you compare to other earners.
Above Median
56th
Percentile
With a £40,000 salary in United Kingdom, you earn more than 56% of all workers. Only 44% earn more than you.
0%50%100%
Take-Home Pay
Gross Salary£40,000
Total Tax£5,486
Net Income£30,514
Effective Rate
23.7%
Monthly Net
£2,543
United Kingdom Income Distribution
Median Income
£36,000
50th percentile
75th Percentile
£54,000
75th percentile
90th Percentile
£64,000
90th percentile
95th Percentile
£68,000
95th percentile
Frequently Asked Questions
Is £40,000 a good salary in United Kingdom?↓
A £40,000 salary puts you in the 56th percentile in United Kingdom, meaning you earn more than 56% of workers. This is around the median income.
What percentile is £40,000 in United Kingdom?↓
£40,000 places you at approximately the 56th income percentile in United Kingdom. This means 56% of workers earn less than you, and 44% earn more.
How much will I take home from £40,000 in United Kingdom?↓
After United Kingdom taxes and social contributions, a £40,000 gross salary results in approximately £30,514 net income. This represents an effective tax rate of 23.7%.
How much do I need to earn to be in the top 10% in United Kingdom?↓
To reach the top 10% of earners in United Kingdom, you typically need an income of approximately £64,454 or higher.