Predicting the UK’s highest disposable incomes by 2030

A new report predicts the areas of the UK which will have the highest disposable incomes by 2030, highlighting the fastest growing areas over the last (and next) 10 years.

Kensington and Chelsea currently have the highest average gross disposable household income (GDHI) in England ($76,643).
Northern cities have experienced the biggest increase in disposable income over the last 10 years.
The North of England is also predicted to see the biggest increase in disposable income over the next 10 years, too.
Which UK areas’ GDHIs have grown the most recently, and where will they be in a few years’ time?

Analysing ONS revenue data from 1997 to 2022, OLBG has revealed the UK areas with the highest average GDHIs, highlighting the locations that have experienced the biggest rise over the last 10 years and predicting where these figures might be by 2030.

Kensington and Chelsea expected to stay top the list by 2030

Running the data from 1997 through a linear forecast, it’s predicted that Kensington and Chelsea is set to remain the area with the highest average GDHIs in the UK (£76,643). Comparing this to the lowest predicted area, Blaenau Gwent in Wales (£12,427), the gap is drastic.

In fact, the gap between first and second is also significant. Whilst Westminster comes second, with a predicted GDHI of $49,827, Kensington and Chelsea’s figure is a huge 54% higher.

London dominates the list, with no areas outside the south making it into the top 10 either. Camden, comes in third place, with a predicted disposable income of £39,395 by 2030; followed by Hammersmith and Fulham (£38,200).