Pensioners

Both Inner and Outer London have a lower old-age dependency ratio than the rest of England. In Inner London in 2019,  there were 13.3 people over the age of 65 for every 100 working-age adults. This compares to 21.4 in Outer London and 31.9 in the rest of England. 

The dependency ratio reflects the degree to which the working-age population and national and local government might need to support those who are retired. As the population ages, the dependency ratio is projected to increase quite rapidly.

Poverty rates amongst most household types in London are higher than in the rest of England. For example, the poverty rate for couple pensioners (22%) in London is almost twice that of couple pensioners (12%) in the rest of England. Similarly, 29% of couples with children are in poverty in London compared to 22% in the rest of England. Couples without children have similar poverty rates in both London (13%) and the rest of England (12%).

Single parents with children are more likely to be in poverty than any other type of household. Over half of single parents in London (53%) were in poverty, more than four times the proportion of couples without children. 

The biggest gap in poverty rates between London and the rest of England is found with couple pensioners, where 22% live in poverty in London, but only 12% do outside of the capital.

Children, working age adults and pensioners all have higher rates of poverty in London than in the rest of England. Of the three age groups, children have the highest poverty rates with 37% of children in London in poverty, compared to 25% of working-age adults and 24% of pensioners.

In both London and the rest of England, poverty rates fell between 2007/08 and 2017/18 for children but rose or remained flat for working-age adults. The poverty rate for pensioners rose in London but fell in the rest of England.

Children, working age adults and pensioners all have higher rates of poverty in London than in the rest of England. Of the three age groups, children have the highest poverty rates with 40% of children in London in poverty, compared to 26% of working-age adults and 23% of pensioners. 

In both London and the rest of England, poverty rates fell between 2008/09 and 2018/19 for children and working-age adults in the rest of England. Although, poverty rates remained flat for those working-age adults in London at 20%. Also, the poverty rate for pensioners rose in London but fell in the rest of England. 

Note: MIS figures are updated to reflect the report produced by Loughborough University for TfL in 2019. For family types where updates are not available we have carried forward the 2016/17 data and adjusted for inflation by CPIH. Destitution is defined by the JRF as people who went without 2 or more essentials in the past month because they couldn't afford them, or their income is extremely low

Data source: Poverty thresholds are from Households Below Average Income 2017/18, Department for Work and Pensions. Minimum Income Standard thresholds are based on the Minimum Income Standard (MIS) for London, Trust for London 2018. Destitution in the UK 2018, JRF

The table shows different definitions and thresholds necessary to not be considered either in poverty or deprived. The amount of income is dependent on the type of household.

The Mini…

As employment rates have increased in the capital, so too has the number of adults in poverty who are in working families. In 2007/08, 740,000 working-age adults were in poverty in working families, compared to 1.05 million in 2017/18 (a 42% increase over the decade). There is a similar story for children in working families in poverty; 340,000 children were in this position in 2007/08, compared to 550,000 in 2017/18 (an increase of 62% over the decade).

In contrast, the number of working-age adults and children in poverty who are in workless families have both fallen over the last decade.

The number of pensioners in poverty in the capital has remained broadly stable in the last decade, with 250,000 in poverty in 2017/18.

Whilst there are more people in poverty in working families than in workless families, this (at least in part) is a refl…

Poverty rates vary significantly across different demographic groups in London and the rest of England.

Overall, poverty rates amongst men and women are similar. However, in the rest of England both men and women have a lower poverty rate (with 21% and 22% respectively) compared to those in London (28% and 29% respectively). 

Within London, poverty rates are almost twice as high for BME groups (39%) as for white groups (21%). Amongst the different family types, single parents with children are most likely to experience poverty. In London, 54% of this group were in poverty in 2018/19. Between 2014/15 and 2018/19, London pensioners experienced the largest increase in poverty rates. The poverty rate for couple pensioners rose by 6 percentage points (from 15% to 21%) and for single pensioners also by 6 percentage points (from 22% to 28%).

London’s population is comparatively young; the average (median) age in London is 35.6, compared to 40.3 in the UK overall. 

More than one in 10 people living in Inner London (11.4%) are aged between 30 and 34. This compares to just 6.3% of those in the rest of England. More broadly, in Inner London, almost half the population is made up out of those who are in their early twenties to early forties (46.7%), compared to the rest of England where three in 10 (30.9%) are in this age group, and Inner London is home to a higher proportion of young people than Outer London. 

This is caused by people moving to Inner London for work early in their careers and then leaving as they start families. The largest five-year age band is 30 to 34 year olds in Inner London, 35 to 39 year olds in Outer London and 50 to 54 year olds in the rest of England. A …