Tower Hamlets
Council Tax band distribution, current rates, and revenue-neutral scenarios.
149,170 residential properties
£82.9bn total market value
£270.5m annual revenue under current rates
Population: 323,854 (Large) · Avg. pay: £59,974 (High)
| Band | Properties | Avg. Value | % | Avg. Tax | Tax Take |
|---|---|---|---|---|---|
| A | 4,560 | £228,020* | 3.1% | £1,170 | £5,335,200 |
| B | 24,920 | £349,630 | 16.7% | £1,365 | £34,015,800 |
| C | 40,520 | £416,703 | 27.2% | £1,560 | £63,211,200 |
| D | 32,190 | £526,146 | 21.6% | £1,755 | £56,493,450 |
| E | 26,710 | £673,855 | 17.9% | £2,144 | £57,266,240 |
| F | 14,030 | £926,589 | 9.4% | £2,534 | £35,552,020 |
| G | 5,450 | £1,267,236 | 3.7% | £2,924 | £15,935,800 |
| H | 780 | £1,828,431 | 0.5% | £3,509 | £2,737,020 |
| Total | 149,170 | 100% | £270,546,730 |
Proportional Rate (revenue neutral)
A 0.33% proportional rate would raise the same revenue
| Band | Properties | Avg. Value | % | Avg. Tax | Diff | Tax Take |
|---|---|---|---|---|---|---|
| A | 4,560 | £228,020* | 3.1% | £744 | ↓£426 | £3,392,640 |
| B | 24,920 | £349,630 | 16.7% | £1,141 | ↓£224 | £28,433,720 |
| C | 40,520 | £416,703 | 27.2% | £1,360 | ↓£200 | £55,107,200 |
| D | 32,190 | £526,146 | 21.6% | £1,717 | ↓£38 | £55,270,230 |
| E | 26,710 | £673,855 | 17.9% | £2,199 | ↑£55 | £58,735,290 |
| F | 14,030 | £926,589 | 9.4% | £3,024 | ↑£490 | £42,426,720 |
| G | 5,450 | £1,267,236 | 3.7% | £4,135 | ↑£1,211 | £22,535,750 |
| H | 780 | £1,828,431 | 0.5% | £5,967 | ↑£2,458 | £4,654,260 |
| Total | 149,170 | 100% | £270,555,810 |
* Estimated due to insufficient sample size.