Income reflected by Paycheck is gross household income from all sources including earnings, benefits and investments. It provides income by band from £5,000 up to £200,000+ as well as mean, median, mode and lower quartile.
Paycheck provides financial health intelligence about the UK population at detailed postcode level, delivering detailed insight and data enhancement not available via other sources.
Insight gleaned from Paycheck is used by the private sectors to support decision-making such as (i) planning applications for home builders, (ii) the provision of premium banking services and advisors as well as (iii) informing underwriting decisions.
Public Sector organisations make use of Paycheck to understand and benchmark affordability, assess the effects of welfare reform changes and allocate resources effectively.
More advanced users of Paycheck have included the dataset as an input variable supporting statistical modelling.
Paycheck Disposable Income
Paycheck Disposable Income provides an estimate of the average available household income after tax, National Insurance, and other essential outgoings for each of the UK’s 1.5 million household postcodes. By using data from Ocean, CACI’s lifestyle database, combined with official statistics and survey data, CACI have built a consistent and statistically reliable disposable income model.