Paycheck Disposable Income
AVAILABLE HOUSEHOLD INCOME AFTER ESSENTIAL OUTGOINGS
Â
Paycheck Disposable Income provides an estimate of the income available to households after tax, national insurance and other essential outgoings.
Â
Â
Understanding household income is vital in being able to provide the most appropriate products and services to customers and communities. Knowing how much income is actually available once the basic cost of living has been taken into account offers even more insight into your consumers.
Â
Â
CACI have built a range of statistically robust models to accurately predict expenditure on each of 16 categories of outgoings. These have been built using data from Ocean, CACI’s lifestyle database, as well as official statistics and survey data.
Â
Â
Average disposable income and outgoings are provided for each of the 1.5 million residential postcodes in the UK.
Â
Â
Public sector organisations can use Paycheck Disposable Income as an input into measures of health and wellbeing, and assessments of housing affordability.Â
Â
Financial services organisations can identify share of wallet for insurance, life and pensions.
Â
Â
Retail and leisure brands can better understand available spend for premium products.
Â
Â
Â
Â
Â
Â
Â
Â
Â
Â
Â
Â
Resources
› Paycheck Disposable Income Product Sheet
› Paycheck Disposable Income Infographic
The Benefits
- Robust and consistent measure of disposable income across the UKÂ
- Postcode level data set unique to the marketÂ
- Up to 58 detailed variables available with a range of licencing optionsÂ
- Complements CACI’s Paycheck, Paycheck Equivalised Income and Paycheck Lifestage Income productsÂ
- Fully rebuilt and updated annually with latest dataÂ
- Technical guide to accompany each updateÂ
- Available as area reports, database enrichment or a directoryÂ
Knowledge
Applications
- Better understand available income and establish share of walletÂ
- Identify and target relevant customersÂ
- Understand and benchmark affordabilityÂ
- Assess the effects of welfare reform changesÂ
- Plan the provision of premium products & servicesÂ
- Support customer retention and loyaltyÂ
Further Information
For further information on how Paycheck Disposable Income can help you to improve your understanding of household income please call Stewart Eldridge on +44 (0)20 7605 6164 or visit our Contact page.
