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The number of private UK households with at least one individual earning above £50,000 per year and at least one child. Income/earrings at the individual level has been defined as the sum of:
Income from wages and salaries
Income from self-employment
Income from private pensions, including all workplace pensions, individual personal pensions and annuities
Income from company car benefit and fuel provided for personal use
Income from the state pension
In calculating the individual income of those above £50,000 per year the incomes have been adjusted to 2014/15 prices using an implied expenditure deflator for the household sector, to take into account the effect of inflation over the period.
These estimates have been produced from the "Effects of taxes and benefits on household income" series, which is based on the Living Costs and Food Survey (LCF)