* For 2023, households in the top 20% of the income distribution had gross disposable incomes twice the national average of €83,058. Households in the bottom 20% had gross disposable incomes which were more than two-fifths (42%) of the national average.
* In 2023, the top 20% of households had gross disposable incomes which were nearly five times (4.7) higher than the bottom 20% of households, down from a peak of 5.6 times higher in 2014.
* The most important source of income for all income groups, or quintiles of the income distribution, was compensation of employees in 2023.
* Households in the top 20% of the income distribution consumed twice as much as the bottom 20% of households in 2023.
* Expenditure on essentials such as food, beverages, housing, and energy accounted for 46% of expenditure for households in the bottom 20% of the income distribution in 2023. For the top 20%, the figure was lower at 34%.
* In 2023, the bottom 40% of households in the income distribution had negative savings as did households which rented their dwelling.
I believe the median household disposable income is closer to €60,000. The “average” is being dragged up by very high earners
AdmiralRaspberry on
That’s right you peasants should consume more, spend your fair share. How dare you drink coffee at home and bring your lunch to work? Who’s going to take care of the poor economy??
Internal_Sun_9632 on
Something interesting seems to be households with 3+ adults are pulling the averages way up. So maybe not just the rich distorting the averages, but to many adults in the one house when historically they would of moved out/ bought their own house by the time they were adults.
Its getting very hard to communicate these stats using the basic infograph when life keeps changing so much and in this case I would say for the worse.
Electronic-Seat1402 on
The top 20% gross disposable income is €163k? Thats two people earning roughly €135k per tax each? How?
sheepskinrugger on
I have a well paid job. In no world do I have €80k of disposable income a year—that’s over €6.5k per month to play with. Take out the 39% for housing and food and the average household is meant to have €2.6k to play with, every single month? What??
6 commenti
**Key Findings**
* For 2023, households in the top 20% of the income distribution had gross disposable incomes twice the national average of €83,058. Households in the bottom 20% had gross disposable incomes which were more than two-fifths (42%) of the national average.
* In 2023, the top 20% of households had gross disposable incomes which were nearly five times (4.7) higher than the bottom 20% of households, down from a peak of 5.6 times higher in 2014.
* The most important source of income for all income groups, or quintiles of the income distribution, was compensation of employees in 2023.
* Households in the top 20% of the income distribution consumed twice as much as the bottom 20% of households in 2023.
* Expenditure on essentials such as food, beverages, housing, and energy accounted for 46% of expenditure for households in the bottom 20% of the income distribution in 2023. For the top 20%, the figure was lower at 34%.
* In 2023, the bottom 40% of households in the income distribution had negative savings as did households which rented their dwelling.
https://www.cso.ie/en/releasesandpublications/fp/fp-hda/householddistributionalaccounts2023/keyfindings/
I believe the median household disposable income is closer to €60,000. The “average” is being dragged up by very high earners
That’s right you peasants should consume more, spend your fair share. How dare you drink coffee at home and bring your lunch to work? Who’s going to take care of the poor economy??
Something interesting seems to be households with 3+ adults are pulling the averages way up. So maybe not just the rich distorting the averages, but to many adults in the one house when historically they would of moved out/ bought their own house by the time they were adults.
Its getting very hard to communicate these stats using the basic infograph when life keeps changing so much and in this case I would say for the worse.
The top 20% gross disposable income is €163k? Thats two people earning roughly €135k per tax each? How?
I have a well paid job. In no world do I have €80k of disposable income a year—that’s over €6.5k per month to play with. Take out the 39% for housing and food and the average household is meant to have €2.6k to play with, every single month? What??