Barking
Households in poverty in Barking pay on average £522 a year in poverty premiums. This is vital money that people on low incomes could be spending in their local economies and helping them keep their heads above water in the cost-of-living crisis.
The impact on Barking
£6.87
Million
Total cost of the poverty premium across the constituency
£522
The average additional cost each affected household in poverty pays per year
98%
What proportion of households in poverty pay a poverty premium?
11th
out of 632
Where does my constituency rank for mean cost of poverty premium per affected household?
1 = highest average poverty premium
3
Average deprivation level across the constituency
Areas are scored from 1 to 10.
1 = most deprived
10 = the least deprived
13,357
How many households are living in poverty?
How much more are people in poverty paying based on the different types of premium in Barking?
£176
Energy poverty premium
paid by 63.00% of households in poverty
£308
Food poverty premium
paid by 50.80% of households in poverty
£250
Insurance poverty premium
paid by 75.00% of households in poverty
£223
Credit poverty premium
paid by 32.40% of households in poverty
The National Picture
Below is a breakdown of the poverty premium at a national level.
£2.8
Billion
The total cost of the poverty premium to the british economy
95%
of households in poverty across britain pay a poverty premium
£380
The average additional cost each low-income household pays per year
Other London constituencies
Further information
For further information download our briefing or get in touch via fbd@barrowcadbury.org.uk to speak to our team about the findings.