HOW MUCH DOES PROPERTY CONTRIBUTE TO THE INCOME OF INDIVIDUALS?

3rd June 2019

• New data released by the Office for National Statistics on gross disposable household income (GDHI) per head, includes analysis on primary sources of income.
• In addition to income from employment (the main source of income), ownership of assets, including property, is a key component.
• The balance of income (minus mortgages or loans) from property in 2017 ranged from £2,440 per head in the North East to £5,535 in London, with the average amount equating to £3,300.
• The GDHI for the UK stood at £19,514 per head in 2017 (based on current prices), rising by 1% on the previous year. GDHI is a measure used to reflect the 'material welfare' of the household sector by quantifying the money that is available for spending or saving after tax and after receiving any direct benefits.