<P> The 2013 / 14 HBAI reported that 15% of people had a relative low income (below 60% of median threshold) before housing costs . </P> <P> Data from HMRC 2012 - 13; incomes are before tax for individuals . The personal allowance or income tax threshold was £ 8,105 (people with incomes below this level did not pay income tax). </P> <P> Income can vary considerably by location . For example, the locations (local administrative unit) with the highest incomes were the City of London, Kensington and Chelsea, and Westminster with median annual incomes of £ 58,300, £ 37,800 and £ 35,200 respectively . The locations with the lowest incomes were Hyndburn, Torbay, and West Somerset with median annual incomes of £ 17,000, £ 16,900 and £ 16,000 respectively . </P> <P> A 2017 report from Trust for London found that London has a poverty rate of 27%, compared to 21% in the rest of England . </P>

What is the average household income in london
find me the text answering this question