Rural England

Without a bank account

Graphs on this page:

Supporting information:

Key points

  • As in urban districts, low-income households are more likely to have no bank or building society account than households on average incomes.
  • As in urban districts, the proportion of households in rural districts who have no bank or building society account has fallen over the last decade.  However, the rate of reduction has been much slower than that in urban districts and, as a result, the differences between rural and urban districts have been largely eliminated over the last decade.
  • See the UK indicator on bank accounts.

Rural/urban ratios (urban = 10)

On most poverty and social exclusion indicators, rural areas have ‘better scores’ than urban areas. The purpose of the table below is to differentiate between those subjects where rural areas are ‘a bit better’ and those where rural areas are ‘a lot better’. It does so by presenting the rural statistics for the indicator as a proportion of the urban statistics. So, for example, a rural ‘score’ of 6 in the table below means that the rural statistic is around 60% of its urban equivalent.

Type of district Average of 2006/07 to 2008/09
Households in the poorest fifth Households with average incomes All households
'Very rural' districts9 7 7
'Mostly rural' districts7 11 9
'Part rural' districts12 12 11

Definitions and data sources

The graphs

For each type of local authority district, the first graph shows the proportion of households without a bank, building society or any other kind of account.  The data is split to show households in the poorest fifth of the income distribution and for households on average incomes (middle fifth of the income distribution) separately.  As well as bank and building society accounts, the figures also count any savings or investment accounts as well as post office card accounts but do not include stocks and shares, premium bonds, gilts, Save As You Earn arrangements or Credit Unions.  Income is household disposable income, equivalised (adjusted) to take account of household composition and is measured after deducting housing costs.

For each type of local authority district, the second graph shows how the proportion of households without a bank, building society or any other kind of account has changed over time.  The data is for all households.

Level of the data

Lower tier local authorities (districts), as classified by the DEFRA 2009 classification system.  Both the DEFRA classification rules and their results by local authority can be found on the page on rural/urban classification systems.

Source

Family Resources Survey, DWP.

The numbers

Type of district  Proportion of households without an account
Average of 1996/97 to 1998/99 Average of 2006/07 to 2008/09
Households in the poorest fifth Households with average incomes All households Households in the poorest fifth Households with average incomes All households
'Very rural' districts15% 2% 5% 5% 2% 3%
'Mostly rural' districts13% 2% 5% 4% 3% 3%
'Part rural' districts16% 3% 5% 7% 4% 4%
Urban districts25% 5% 9% 6% 3% 4%