The average income in Sunderland is approximately £37,600 as of 2024. This figure represents the estimated average annual salary for individuals working in the area.
Average income data provides valuable insights into the economic landscape of a region, reflecting the typical earnings of its workforce and offering a snapshot of the local job market.
Average Salaries in Tyne and Wear and the UK
To put Sunderland's average income into perspective, it's helpful to compare it with other local authorities in the Tyne and Wear region and the broader United Kingdom average.
| Local Authority | Average Salary (2024) |
|---|---|
| Sunderland | £37,600 |
| North Tyneside | £41,200 |
| Newcastle upon Tyne | £41,500 |
| United Kingdom | £45,800 |
As the table illustrates, Sunderland's average salary is lower than that of its neighbours, North Tyneside and Newcastle upon Tyne. Furthermore, it is notably below the overall national average for the United Kingdom. This comparison can highlight regional economic variations or differences in dominant industries and employment opportunities.
It's important to remember that an average income is a statistical measure. While it provides a general overview, individual incomes can vary significantly based on specific job roles, experience levels, and the employer. For more detailed insights into local salaries and unemployment trends, you can refer to economic data resources like those found on Plumplot.
Understanding Factors Influencing Income
Several factors can influence the average income of a region:
- Industry Sector: Areas with a concentration of high-paying industries (e.g., technology, finance) tend to have higher average incomes compared to those dominated by sectors with lower typical wages (e.g., retail, hospitality).
- Job Role and Experience: Senior positions, roles requiring specialized skills, or jobs in high-demand fields generally command higher salaries.
- Cost of Living: While not a direct determinant, the cost of living in an area can sometimes influence wage expectations and negotiation.
- Local Economic Health: A robust and growing local economy often leads to more job opportunities and potentially higher salary levels due to increased demand for skilled labor.
- Education and Skills: A highly educated and skilled workforce can attract higher-paying industries, thereby elevating the average income.
The average income figure serves as a key metric for understanding the economic environment of a city like Sunderland, reflecting the general earning potential within its workforce.
