Question to the Department for Work and Pensions:
To ask His Majesty's Government what estimate they have made of how many households on Universal Credit have an income equal to or greater than (1) £30,000, (2) £35,000, (3) £36,700 or (4) £40,000 per year.
Using the results from the most recent Family Resources Survey published on Stat-Xplore, the estimated number of households in receipt of Universal Credit by the total gross income received by a household from all income sources, in latest prices (weekly, CPI-adjusted real terms), as reported by FRS respondents, ‘less than’ and ‘equal to or greater than’ (1) £576.92, (2) £673.08, (3) £705.77 or (4) £769.23, in financial year 2023 to 2024, is shown in the table below.
Table 1: Estimated number of households receiving Universal Credit by weekly gross income from all sources in latest prices (weekly, CPI-adjusted real terms), ‘less than’ and ‘equal to or greater than’ (1) £576.92, (2) £673.08, (3) £705.77 or (4) £769.23 in financial year 2023 to 2024, United Kingdom
Weekly gross income from all sources | Households with income less than weekly value (millions) | Households with income equal to or more than weekly value (millions) | Total |
£576.92 | 1.6 | 1.6 | 3.1 |
£673.08 | 1.9 | 1.2 | 3.1 |
£705.77 | 2.1 | 1.1 | 3.1 |
£769.23 | 2.2 | 0.9 | 3.1 |
Source: Stat-Xplore - Family Resources Survey Household Dataset
Notes: