Bank Clerk Salary in London
Official ONS earnings for London, covering 11,000 jobs.
Median salary — London
£30,731
gross, per year, all employees
▲ 4.8% change on the previous year
Mean
£33,324
Jobs measured
11,000
What a typical bank clerk takes home
On the median of £30,731, 2026/27 tax year, England, Wales and Northern Ireland rates, no pension or student loan.
Take-home a month
£2,137
Take-home a year
£25,646
Income Tax
£3,632
National Insurance
£1,453
What most bank clerks actually earn
Half of bank clerks in London earn between £25,036 and £46,388. Earning above £46,388 puts you in the top quarter of the profession.
ONS suppresses the detailed spread for this occupation at regional level, so this range describes the wider “Administrative Occupations: Finance” group in London.
The full pay range
Each bar is the salary at that percentile — the 25th means a quarter of bank clerks earn less than this.
How London ranks for bank clerk pay
2nd
of 6 GB regions with a published figure
Yorkshire and The Humber tops the table on £31,592 and South East sits at the bottom on £27,824. London is £861 short of the top.
Ranking compares published regional medians for the same occupation. It says nothing about cost of living — a higher median doesn't survive contact with rent. The cost of living calculator is the honest next step.
Where this figure comes from
- ONS occupation group
- Bank and post office clerks
- SOC 2020 code
- 4123
- Measure
- Gross annual pay, all employees
- Edition
- ONS Annual Survey of Hours and Earnings, 2026 provisional
ONS doesn't measure “bank clerk” as its own category. These figures are for the wider group “Bank and post office clerks”, which includes this role alongside others. ONS group combines bank and post office clerks.
Source: Office for National Statistics, Annual Survey of Hours and Earnings. Contains public sector information licensed under the Open Government Licence v3.0. Figures are estimates from a survey of PAYE jobs and are not financial advice.
Bank Clerk salary FAQs
What is the average Bank Clerk salary in London?
The median is £30,731 a year and the mean is £33,324, according to the ONS Annual Survey of Hours and Earnings. Those cover all employees; ASHE publishes no full-time split at regional level.
How much does a bank clerk earn per hour?
Across the UK the median hourly rate is £16.10 excluding overtime, or £16.52 for full-time employees. ASHE publishes hourly pay by occupation nationally only, so there is no separate rate for London.
What is a good Bank Clerk salary?
Half of bank clerks earn between £25,036 and £46,388. Anything above £46,388 is in the top quarter for the role.
What is the starting salary for a bank clerk?
ASHE does not record experience, so there is no official starting salary. What it does show is that the lowest-paid 10% of bank clerks earn under £12,083 and the lowest quarter under £25,036 — the range a new entrant is most likely to be offered.
Do bank clerks in London earn more than the UK average?
The median in London is £30,731 against £28,847 across the UK, 6.5% higher, which places it 2nd highest of the 6 GB regions with a precise estimate.
Has bank clerk pay gone up in the last year?
ASHE puts the year-on-year change in the median at +4.8% for this occupation in London. That compares the latest survey with the one before it and is not adjusted for inflation.
How many bank clerks are there in London?
ASHE counts around 11,000 employee jobs in “Bank and post office clerks” (SOC 4123) in London. Self-employed work is not included.
Is this figure official?
Yes. It comes from the ONS Annual Survey of Hours and Earnings, an accredited official statistic based on employer PAYE records.
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