UK statistics

UK Salary by Age Group 2026

UK full-time median pay peaks between ages 40–49 at approximately £42,000, with earlier 20s-age workers earning around £28,000 and 60+ workers around £38,000 (ONS ASHE 2024).

Headline numbers

22–29 median
£28,000

Full-time ONS ASHE 2024

30–39 median
£38,000
40–49 median (peak)
£42,000

The detail

The age-earnings profile for UK full-time employees rises sharply through one's 20s, continues to climb into the early 40s, and then flattens or declines slightly from the mid-50s onwards. This follows the classic "human capital curve" — experience and specialisation accumulate, before plateauing near retirement age.

Specifically (ONS ASHE 2024 median full-time annual pay, approximate): 22–29 → £28,000; 30–39 → £38,000; 40–49 → £42,000; 50–59 → £41,000; 60+ → £38,000.

The drop in later years partly reflects retirement-adjacent part-time or reduced-hours work even among those still classified "full-time". It also reflects cohort effects (today's 60+ workers started their careers under different pay structures than today's 30-somethings).

Gender pay gap widens with age — the gap is small in 20s (men earn ~3% more than women at same age) but reaches 15–20% by 40s. This is primarily attributed to childcare-driven career interruptions rather than pay discrimination at any single point in a career.

Sources

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