Map reveals where Britain’s richest people live & you’ll need to earn £300k to join the ‘one per cent club’ in London
A MAP has revealed where Britain's richest people live - with Londoners needing to earn at least £300,000 to join the "one per cent club".
London and the South East has the highest concentration of top earners in the UK - with the majority middle-aged men.
The research found it would take an income of around £160,000 to be considered among the top one per cent in the rest of the UK.
But in London, workers need more than £300,000 a year to qualify.
And a middle-aged man living in London would need to make £650,000-a-year to be in the ultra-exclusive 0.1 per cent club.
The map also shows the wealthiest people are all living in Westminster, Kensington, Chelsea and Fulham, Richmond Park and Esher and Walton in London.
Research by think-tank the Institute of Fiscal Studies is based on 650 parliamentary constituencies in the UK.
WHERE THE RICH LIVE
There are just 310,000 income taxpayers out of a population of 54 million in the UK who are part of the one per cent club.
Of those, 56 per cent are in London and the rest are in the South East of England - except for Aberdeen South and Hitchin and Harpenden in Hertfordshire.
Both areas have more than two per cent of their population in the one per cent club earning £160,000.
Aberdeen's rich status is down to the millionaire oil and gas tycoons who have helped form the "Granite City".
Elsewhere, in affluent Cheshire - home to wealthy Premiership footballers - there are more than ten top earners in the elite "one per cent club" per 1,000 people.
Edinburgh, Harrogate and Knaresborough and Rutland and Melton in North Yorkshire and Hexham in Northumberland are in the “third” division - with between five and ten top earners per 1,000 of the population.
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But a high salary comes at a price - with the top one per cent of earners now paying 27 per cent of the nation’s income tax.
The study also showed men make up 83 per cent of the top one per cent of tax payers and 89 per cent of the top 0.1 per cent.
And one in ten of the very highest earners in the UK, who get at least £650,000 a year, is female.
Report author Robert Joyce said: "The highest-income people are very over-represented in the country's South East corner, most of them are men, and many are in their 40s and 50s.
"This concentration may be one reason why many of those on high incomes don’t realise quite how much higher their incomes are than the average."
