We’ve compiled a list of the Solihull neighbourhoods with the highest estimated average annual household income, based on the latest figures published by the Office for National Statistics.
The total annual household income is the sum of the gross income of every member of the household plus any income from benefits such as Working Families Tax Credit.
According to the data, the average household income for Solihull is £40.7k which is below the England-wide average of £43,960.
The list we have compiled uses figures for so-called Middle Layer Super Output Areas (MSOA) within Solihull and the West Midlands. The estimates were calculated using regional figures from the Family Resources Survey and modelling down to neighbourhood level based on characteristics of the neighbourhood obtained from census and administrative statistics.
Like any major UK cityor town, some areas are wealthier than others in Solihull.
So, where is the richest neighbourhood in the town located - town centre? Knowle? Hampden in Arden?
Let’s take a look at the top 10.
According to the data, the average household income for Solihull is £40.7k which is below the England-wide average of £43,960.
5. Monkspath South
The average estimated monthly income in Monkspath South is 57,100
6. Balsall Common
The average monthly estimated income is 56,900
7. Ulverley Green & Langley
The average estimated monthly average income is 54,500 in Ulverley Green & Langley
8. Knowle
Households in Knowle had an estimated total annual income of 53,300