report available at: http://www.caci.co.uk/pdfs/won2005.pdf

Stark North/South income divide still exists in Britain

CACI's annual Wealth of the Nation report reveals who earns the most and 
the least in the UK

Residents of Elvetham Heath in Fleet, Hampshire have the highest annual 
income - at an average of £64,000 - according to CACI's annual Wealth of 
the Nation report, released today. People earn the least in Birkenhead, 
Leicester and Middlesbrough, where the average income is only £13,000, less 
than half the national average of £31,000.

Wealth of the Nation 2005 profiles the income of every postcode in the UK, 
producing a true picture of wealth for use by planners and analysts. This 
year's report shows that average incomes have risen by 5.5 per cent since 
2004. As a result, there are now more households earning over £100,000 (1.5 
per cent compared to 1.25 per cent in 2004) and fewer people with an income 
of less than £10,000 (13.1 per cent compared to 14 per cent).

Elvetham Heath has regularly featured in the Wealth of the Nation top 10, 
and this year tops the ranking for the first time due to a recent 
development of large houses which add to Fleet's traditionally wealthy 
'blue triangle'.

North/South divide

This year's report confirms that a North/South divide still exists, with 
all ten of the highest earning postcodes located in the South East of 
England, although areas of Aberdeen, Altrincham, Salford and Warrington are 
ranked in the top 100.

Conversely, all the lowest earning postcodes are in the North. Similarly, 
the highest levels of children living in poverty (defined as households 
earning less than 60 per cent of the national median) occur in Kingston 
upon Hull, Middlesbrough, Dundee, Glasgow, Bleaenau, Gwent, Nottingham and 
Leicester.

See below for details of the top and bottom 10 postcodes. 

Ethnicity

Wealth of the Nation 2005 also reveals the income profile of ethnic groups. 
Analysis shows that Pakistani and Bangladeshi households are on average 
poorer than the white population, while Indians and Chinese are on average 
wealthier.

Commenting on the research, John Rae, Director of Business Development at 
CACI, said:

"Although this year's report has shown that a North/South income divide 
still exists, the picture becomes far more complex when drilled down to 
postcode level, with unexpected pockets of wealth across the country. This 
presents a challenge for marketers and planners who need detailed knowledge 
to support strategic business decisions, which is where Wealth of the 
Nation can act as a vital resource."

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