Tower Hamlets
Council Tax band distribution, current rates, and revenue-neutral scenarios.
149,170 residential properties
£84.7bn 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 | £227,570* | 3.1% | £1,170 | £5,335,200 |
| B | 24,920 | £348,941 | 16.7% | £1,365 | £34,015,800 |
| C | 40,520 | £414,698 | 27.2% | £1,560 | £63,211,200 |
| D | 32,190 | £541,203 | 21.6% | £1,755 | £56,493,450 |
| E | 26,710 | £709,958 | 17.9% | £2,144 | £57,266,240 |
| F | 14,030 | £947,527 | 9.4% | £2,534 | £35,552,020 |
| G | 5,450 | £1,265,763 | 3.7% | £2,924 | £15,935,800 |
| H | 780 | £2,089,949 | 0.5% | £3,509 | £2,737,020 |
| Total | 149,170 | 100% | £270,546,730 |
Proportional Rate (revenue neutral)
A 0.32% proportional rate would raise the same revenue
| Band | Properties | Avg. Value | % | Avg. Tax | Diff | Tax Take |
|---|---|---|---|---|---|---|
| A | 4,560 | £227,570* | 3.1% | £727 | ↓£443 | £3,315,120 |
| B | 24,920 | £348,941 | 16.7% | £1,114 | ↓£251 | £27,760,880 |
| C | 40,520 | £414,698 | 27.2% | £1,324 | ↓£236 | £53,648,480 |
| D | 32,190 | £541,203 | 21.6% | £1,728 | ↓£27 | £55,624,320 |
| E | 26,710 | £709,958 | 17.9% | £2,267 | ↑£123 | £60,551,570 |
| F | 14,030 | £947,527 | 9.4% | £3,025 | ↑£491 | £42,440,750 |
| G | 5,450 | £1,265,763 | 3.7% | £4,041 | ↑£1,117 | £22,023,450 |
| H | 780 | £2,089,949 | 0.5% | £6,672 | ↑£3,163 | £5,204,160 |
| Total | 149,170 | 100% | £270,568,730 |
* Estimated due to insufficient sample size.