Average salary in Milton Keynes
The median full-time salary for jobs in Milton Keynes is £41,516 (ONS, 2025). After tax and National Insurance at 2026/27 rates that is about £2,784 a month.
Where Milton Keynes ranks
Milton Keynes ranks 56th of 348 council areas for median pay for jobs based there, in the top quarter, and 15th of 64 in South East. Its average rent ranks 90th of 316, close to where its pay ranks. At the median, what is left after rent and Band D council tax (£1,242 a month) ranks joint 146th of 316, in the upper half.
| Measure | Figure | Rank, all areas | Rank in South East |
|---|---|---|---|
| Median pay, jobs based here | £41,516 | 56th of 348 | 15th of 64 |
| Median pay, residents | £41,389 | 112th of 348 | 35th of 64 |
| Take-home a month at the median | £2,784 | 56th of 348 | 15th of 64 |
| Average rent a month | £1,344 | 90th of 316 | 34th of 64 |
| Band D council tax a year | £2,372.21 | 205th of 348 | 51st of 64 |
| Left a month after rent and Band D | £1,242 | joint 146th of 316 | 12th of 64 |
1st is the highest. Ranks compare the 348 council areas on this site. How to read these figures.
Areas with the nearest medians to Milton Keynes: St Albans (£41,967), Derby (£41,924), Tewkesbury (£41,639), Basingstoke and Deane (£41,470), Epping Forest (£41,452) and Hillingdon (£41,422). UK occupations with a median close to the Milton Keynes median of £41,516: environmental health professionals (£41,725), electrical service and maintenance mechanics and repairers (£41,662), insurance underwriters (£41,610) and prison service officers (below principal officer) (£41,287).
Pay range for full-time jobs in Milton Keynes
ONS change on the previous year: the median for jobs in Milton Keynes rose 1.6%, less than the 4.3% rise in the UK median for all full-time jobs. For South East as a whole it was a rise of 2.4%.
| Point in the pay range | Gross a year | Gross a month | Take-home a year | Take-home a month |
|---|---|---|---|---|
| 10th percentile | £24,974 | £2,081 | £21,501 | £1,792 |
| 25th percentile | £29,992 | £2,499 | £25,114 | £2,093 |
| Median (50th percentile) | £41,516 | £3,460 | £33,411 | £2,784 |
| 75th percentile | £55,493 | £4,624 | £42,743 | £3,562 |
| 90th percentile | Not published | Not published | Not published | Not published |
Take-home at England and Wales rates. Not published means ONS did not publish that figure because the estimate is not reliable enough. ONS rates the median for jobs in Milton Keynes as precise: its sampling error (coefficient of variation) is 4.2%.
People who work in Milton Keynes and people who live there
The median for people who live in Milton Keynes is £41,389, which is £127 (0.3%) lower than the £41,516 median for jobs based there. The two figures are close. Among all areas, the residents' median ranks 112th of 348 and the jobs median 56th of 348. ONS change on the previous year for residents: a rise of 3.2%.
The jobs figure counts jobs based in Milton Keynes, wherever the worker lives; the residents' figure counts people living in Milton Keynes, wherever they work. ONS rates the residents' median for Milton Keynes as reasonably precise: its sampling error (coefficient of variation) is 5.5%.
Rent and council tax at the median salary
On the median salary for jobs in Milton Keynes (£41,516), the average rent of £1,344 takes 48.3% of take-home pay; on the 25th percentile salary (£29,992) it takes 64.2%. For the average rent to be 30% of take-home pay, the rule of thumb in our rent affordability calculator, you would need a salary of at least £74,488 a year. No more than a quarter of full-time jobs based in Milton Keynes pay more than that.
| Property | Average rent a month | Rent as a share of take-home | Left after rent and Band D council tax |
|---|---|---|---|
| All properties | £1,344 | 48.3% | £1,242 |
| 1 bedroom | £978 | 35.1% | £1,608 |
| 2 bedrooms | £1,217 | 43.7% | £1,369 |
Band D is £198 a month. This is the average Band D for the council area, including parish precepts, so the exact bill depends on your parish. Rents are ONS figures for August 2026 and may be revised.
Milton Keynes and other areas in South East
Among these 7 areas, Milton Keynes has the 3rd highest median and the 2nd highest amount left after rent and Band D council tax. Medians run from £36,199 in Maidstone to £49,889 in Mole Valley.
| Area | Median salary | Average rent a month | Left after rent and Band D a month |
|---|---|---|---|
| Mole Valley | £49,889 | £1,551 | £1,526 |
| Oxford | £43,502 | £1,963 | £717 |
| Milton Keynes | £41,516 | £1,344 | £1,242 |
| Mid Sussex | £40,222 | £1,423 | £1,078 |
| Medway | £37,128 | £1,232 | £1,095 |
| New Forest | £36,792 | £1,244 | £1,055 |
| Maidstone | £36,199 | £1,297 | £959 |
The areas either side of Milton Keynes in the alphabetical list for South East, highest median first. Each figure is at that area's own median. See all 64 in the South East table.
How Milton Keynes compares with South East and the UK
The median for jobs in Milton Keynes is £1,533 (3.8%) higher than the South East median, £2,218 (5.6%) higher than the England median and £2,477 (6.3%) higher than the UK median of £39,039.
| Area | Median, jobs there | Median, residents | Take-home a month (England and Wales rates) | Average rent, August 2026 |
|---|---|---|---|---|
| Milton Keynes | £41,516 | £41,389 | £2,784 | £1,344 |
| South East | £39,983 | £41,618 | £2,692 | £1,426 |
| England | £39,298 | £39,243 | £2,651 | £1,459 |
| United Kingdom | £39,039 | £39,039 | £2,636 | £1,400 |
Related pages
Every area in the South East table, salary by job, the take home pay calculator, rent affordability calculator and cost of living calculator.
How this is worked out
Pay: ONS Annual Survey of Hours and Earnings (ASHE), 2025 provisional. Take-home: 2026/27 England and Wales rates, tax code 1257L, no pension or student loan. How to read these figures.
Sources
- ASHE Table 7: earnings by place of work, local authority, 2025 provisional (ONS)
- ASHE Table 8: earnings by place of residence, local authority, 2025 provisional (ONS)
- Price Index of Private Rents, UK: monthly price statistics, released 16 September 2026 (ONS)
- Council Tax levels set by local authorities in England 2026 to 2027 (MHCLG, GOV.UK)
- Income Tax rates and Personal Allowances (GOV.UK)
- National Insurance: how much you pay (GOV.UK)
Figures checked on 12 October 2026. ONS plans to publish its next ASHE figures on 22 October 2026. Read how we calculate or tell us about a mistake.
Frequently asked questions
There is no official definition of a good salary. ONS figures for full-time jobs in Milton Keynes (2025) show how pay is spread: one in ten jobs pay less than £24,974, a quarter pay less than £29,992, half pay less than £41,516 and a quarter pay more than £55,493. On the median, take-home pay is about £2,784 a month at 2026/27 rates.
Milton Keynes ranks 56th of 348 council areas for median pay for jobs based there, in the top quarter, and 15th of 64 in South East. Its median of £41,516 is £2,477 (6.3%) higher than the UK median of £39,039.
The ONS average monthly private rent in Milton Keynes was £1,344 in August 2026: £978 for one bedroom and £1,217 for two bedrooms. That is 48.3% of take-home pay on the median salary for jobs there. The figure is provisional and may be revised.
Band D council tax in Milton Keynes is £2,372.21 for 2026/27, about £198 a month, which ranks 205th of 348 council areas and 51st of 64 in South East. Your own bill depends on your property's band and any discounts.