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Households below a Minimum Income Standard: 2008/09 to 2017/18

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posted on 2020-03-31, 10:12 authored by Matt PadleyMatt Padley, Juliet StoneJuliet Stone
The Minimum Income Standard (MIS) provides a benchmark of income adequacy, rooted in what members of the public think is needed for a minimum socially acceptable standard of living. This report looks at the proportion of people who fall below this level, and at those with incomes below 75% of MIS. Individuals whose incomes are below 75% of MIS face a greatly increased likelihood of deprivation compared with those whose incomes are above the MIS threshold.
This report covers the period from 2008/09 to 2017/18, the most recent year for which household income data is available. The latest year covers a period in which real earnings have stalled, and there has been a pause in the recovery in average household incomes seen up to 2016/17. This has resulted in little overall change in the most recent year, but the number below MIS remains higher than a decade ago for every group looked at, except working-age couples without children.

Funding

Commissioned by: Joseph Rowntree Foundation

History

Research Unit

  • Centre for Research in Social Policy (CRSP)

Publisher

Joseph Rowntree Foundation

Version

  • VoR (Version of Record)

Rights holder

© Loughborough University

Publisher statement

All rights reserved. Reproduction of this report by photocopying or electronic means for non-commercial purposes is permitted. Otherwise, no part of this report may be reproduced, adapted, stored in a retrieval system or transmitted by any means, electronic, mechanical, photocopying, or otherwise without the prior written permission of the Joseph Rowntree Foundation.

Publication date

2020-01-16

Copyright date

2019

ISBN

9781911581727

Language

  • en

Depositor

Matt Padley. Deposit date: 30 March 2020

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