Clear Impact logo O

Households have sufficient income to afford a decent standard of living

Why Is This Important?

While money may not buy happiness, it is an important means to achieving higher living standards and thus greater wellbeing. Higher economic wealth may also improve access to quality education, health care and housing.

Measures

Most Recent Period
Current Actual Value
Baseline % Change
I
Average earnings index (allowing for inflation)
2023
113.4
-5%
I
% of a mortgage that an average household can afford
2022
66.7%
-21%
I
% of low income households in qualified private rental accommodation in rental stress
2022
71%
18%
I
% of households who find it difficult to cope financially
2022
24%
0%
I
% of Islanders living in relative low income households (before housing costs)
2022
14.0%
8%
I
Median weekly household income after tax and benefits
2022
£860
29%
I
% of Islanders living in relative low income households (after housing costs)
2022
21.0%
11%
I
Gini Coefficient (net income after housing costs)
2022
0.43
10%
I
90-10 Ratio (net income after housing costs)
2022
6.6
38%
I
Gini Coefficient (net income before housing costs)
2022
0.38
9%
I
90-10 Ratio (net income before housing costs)
2022
4.1
5%

Clear Impact Suite is an easy-to-use, web-based software platform that helps your staff collaborate with external stakeholders and community partners by utilizing the combination of data collection, performance reporting, and program planning.

Scorecard Container Measure Action Actual Value Target Value Tag S A m/d/yy m/d/yyyy