Stratford and Bow
Households in poverty in Stratford and Bow pay on average £515 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 Stratford and Bow
£6.21
Million
Total cost of the poverty premium across the constituency
£515
The average additional cost each affected household in poverty pays per year
98%
What proportion of households in poverty pay a poverty premium?
16th
out of 632
Where does my constituency rank for mean cost of poverty premium per affected household?
1 = highest average poverty premium
4
Average deprivation level across the constituency
Areas are scored from 1 to 10.
1 = most deprived
10 = the least deprived
12,271
How many households are living in poverty?
How much more are people in poverty paying based on the different types of premium in Stratford and Bow?
£163
Energy poverty premium
paid by 65.00% of households in poverty
£321
Food poverty premium
paid by 48.90% of households in poverty
£236
Insurance poverty premium
paid by 69.10% of households in poverty
£230
Credit poverty premium
paid by 33.40% 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
Stratford and Bow Wards
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.