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Last Updated: Friday, 24 August 2007, 06:00 GMT 07:00 UK
London incomes 'exceed 100,000'
Notting Hill
Notting Hill is in the London borough of Kensington and Chelsea
Average household incomes in London's wealthiest areas have exceeded 100,000 for the first time, figures show.

In central London borough Kensington and Chelsea the average income is 101,600 per year, a survey found.

London and the South East dominated the list of areas with high earners with Westminster in second place with average household incomes of 81,425.

A spokesman for the Barclays Bank survey said: "High incomes are no longer unusual in the UK."

He added: "There are now one million individuals in the UK earning over 100,000 a year.

"No doubt the influx of high earners, not just from the UK but from overseas, has had a positive impact on average incomes."

Researchers looked at data from 5.3 million current account holders to estimate the UK's wealthiest areas.

The average family in Kensington and Chelsea has seen earnings rise by 7% over the past year, the survey found.

Tatton in Cheshire and the Cotswolds in the South West - with typical household incomes of 62,350 and 60,800 respectively - were the only places outside London and the South East to make it into the top 20.


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