How old is the average Briton when they buy their first home, or finish paying their mortgage, or retire?These are some of the questions answered in a 'journeying through life' data dump from the Office for National Statistics.Here are some of the key takeaways...Home ownershipPeople are buying homes later in life, perhaps unsurprisingly given how house prices have risen in the last decade or so.In 2022, more than half of people owned their own home by the age of 36.
Despite the gap shrinking, this graph shows that men's hourly wages are higher than women's at nearly all ages. The grey shaded area represents the pay gap. Another part of the data shows that males start work a touch earlier than women - with half of males in full-time employment by the age of 23 in 2021. That data could be explained by the fact that more women attend university - some 319,000 females compared with 285,000 males in 2022.