Highest-income areas in Isle of Wight
Of Isle of Wight's 18 neighbourhoods, Cowes West, Gurnard & Northwood has the highest average household income, £55,029 a year before tax, and Shanklin Central & Lake the lowest, £38,830. Figures are ONS estimates for April 2022 to March 2023.
Isle of Wight neighbourhoods by household income
| # | Neighbourhood | Total annual income | After housing costs |
|---|---|---|---|
| 1 | Cowes West, Gurnard & Northwoodaround PO31 7UD | £55,029 | £36,956 |
| 2 | Brighstone & Shalfleetaround PO30 4QP | £51,616 | £36,115 |
| 3 | Binstead & Woottonaround PO33 4LB | £51,609 | £35,936 |
| 4 | Newport South & Westaround PO30 1RE | £50,258 | £33,235 |
| 5 | Bembridge & Nettlestonearound PO33 1YB | £49,933 | £38,939 |
| 6 | Cowes Centralaround PO31 7GD | £49,578 | £32,614 |
| 7 | Ryde West & Havenstreetaround PO33 3LN | £47,488 | £34,199 |
| 8 | Niton, Shorwell & Godshillaround PO38 2PA | £46,837 | £35,794 |
| 9 | Ryde Southaround PO33 1EJ | £45,534 | £29,966 |
| 10 | East Cowes & Osbornearound PO32 6JJ | £44,858 | £31,935 |
| 11 | Newport East & Parkhurst Eastaround PO30 2DE | £44,385 | £31,582 |
| 12 | Newport Central & Parkhurst Westaround PO30 5EE | £44,096 | £29,467 |
| 13 | Shanklin West & Newchurcharound PO36 9PG | £42,983 | £35,183 |
| 14 | Ryde Centralaround PO33 2JN | £41,472 | £27,163 |
| 15 | Sandown & Bradingaround PO36 9AE | £41,206 | £30,649 |
| 16 | Ventnor & Wroxallaround PO38 1AL | £41,126 | £32,405 |
| 17 | Yarmouth & Freshwateraround PO40 9JR | £40,613 | £34,843 |
| 18 | Shanklin Central & Lakearound PO37 7BG | £38,830 | £30,240 |
Source: ONS small area income estimates, April 2022 to March 2023. Total annual income is the average household's gross income; after housing costs is net income minus rent or mortgage.
Questions
What is the richest area of Isle of Wight?
By average household income, Cowes West, Gurnard & Northwood is the highest in Isle of Wight, at £55,029 a year before tax (ONS estimates, April 2022 to March 2023).
Which area of Isle of Wight has the lowest household income?
Shanklin Central & Lake, at £38,830 a year before tax (ONS estimates, April 2022 to March 2023).