1. Commuters on the Waterloo and City line are the richest in London, earning an average salary of £81,250, new research has revealed.
2. A survey by recruitment agency Randstad of 1,000 working Londoners found commuters on the Piccadilly and Northern lines are also among the wealthiest in the capital, with average earnings of £56,250 and £47,250 respectively.
3. Mark Bull, CEO of Randstad, said:
With Bank a key stop on the Northern Line, you might think this would be the wealthiest Tube line.
While twenty years ago the Square Mile was home to pretty much every financial institution in London, the wealth has now spread east to Canary Wharf and west to the West End.
The Piccadilly line, though, runs right through Green Park and Piccadilly Circus – which has become prime private equity territory over the last thirty years.
It’s not all bad on the Northern Line though. Bank might have been voted the ‘Most Disliked’ Tube station in London – and Kennington might be haunted – but in terms of hard cash, the Northern Line is anything but The Misery Line.
4. The Hammersmith and City Line came bottom of the survey with an average commuter salary of £35,250.
5. The research discovered the Hammersmith and City wasn’t the only sub-surface line used by less wealthy commuters.
6. Those using the District, Circle and Metropolitan lines are paid, on average, 20% less than those on the deep-level lines.
7. The average salary for the deep-level lines worked out at £44,250, compared to the sub-surface average of £37,000.
8. Bull added: “Sub-surface commuters may luxuriate in spacious air-conditioned coaches, but when it comes to comparing pay-packets between the deep level lines and their subsurface equivalents, it’s a case of mind the gap.”
“While the deep level lines are known for their punishing journeys, overcrowding, and cramped conditions, the extra cash commuters are pocketing should help ease the pain.”