Because of challenges with household income data for 2020-21, the report this year focuses in on:
- income adequacy for all individuals in the UK
- income adequacy for three key subgroups – children, working-age adults and pensioners
- how the likelihood of being below MIS varies across geographical locations in the UK
It shows that:
- the number of individuals below MIS has risen from 16.2 million in 2008-09 to 19.2 million in 2020-21
- 40.0% of children are living in households with incomes below MIS; 29.2% of working-age adults are below MIS; and 15.4% of pensioners have insufficient income to cover their minimum needs.
- The North East has the highest proportion of individuals living in households below MIS – 35.9% in 2019. In 2019, 53.2% of children in the North East were living in households with inadequate income.
A substantial proportion of those living in the UK continue to have incomes that fall short of meeting their minimum needs. This raises critical questions, looking forward, about how we build a society in which everyone is able to participate, to thrive rather than simply surviving.
Padley, M. and Stone, J. (2023) Households below the Minimum Income Standard: 2008-2021. York: Joseph Rowntree Foundation