CUMBRIAN districts are amongst the biggest percentage increases in gross disposable household income over the last 10 years.
30-40 years ago, there was a clear divide in terms of wealth between the north and south. However, with more young people moving north due to the growing job opportunities and cheaper house prices, the wealth has been more evenly spread around.
In top place, with a 28.8 per cent increase in GDHI compared to 2012, is Barrow-in-Furness. The Lake District and Cumbria can often be sought after for a place to retire, but besides from older residents moving here, we are now seeing more earning households with an average disposable income of £19,046.
Manchester comes in second place, with a 28.3 per cent increase. Cheaper housing than London and job opportunities means Manchester has a gross disposable income of £15,389 in 2022.
Several areas in Cumbria make it onto the list, with Carlisle in third place, Eden in fifth, and Copeland in eighth, seeing a 28 per cent 27 per, cent and 26.1 per cent increase in GHDI over the last 10 years respectively.
Carlisle went from an disposable income of £15,463 to £19,791, as the only city in Cumbria, when people are choosing to move up north, Carlisle may be the obvious choice. Eden went from £17,988 to £22,853, Penrith is a transport hub for the North which may mean that incomes are rising as people venture here making it more popular.
Copeland went from an disposable income of £16,018 to £20,203 26.1.
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