* In 2024 the national median income of residential property purchasers was €84,400, up from €80,100 in 2023, and €75,600 in 2022.
* Just over 60% of residential properties were purchased jointly in 2024.
* Dún Laoghaire-Rathdown had the highest joint purchaser income in 2024 at €157,100, and the lowest was Monaghan, at €77,900.
* Longford was the county with the lowest median purchase price in 2024, at €182,200, and Dún Laoghaire-Rathdown had the highest median price, at €660,000.
* Sligo was the county with the biggest annual percentage increase in median purchase price in 2024, rising by 26%, followed by Limerick and Westmeath, up 17% and 16% respectively.
* Almost a third of people who bought a dwelling in 2024 were aged 35 or under. Around 11% of purchasers were aged 60 and over.
* The median income for purchasers aged under 35 in 2024 was €86,400.
* In 2022, 8% of people who bought a home and were counted in Census 2022 were living with their parents.
When they say that income figure then if it is a couple buying I assume it is their joint incomes. So if 60% are joint purchasers thats massively impacting it. Like 84k as median would be joint couple on 42k each.
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**Key Findings**
* In 2024 the national median income of residential property purchasers was €84,400, up from €80,100 in 2023, and €75,600 in 2022.
* Just over 60% of residential properties were purchased jointly in 2024.
* Dún Laoghaire-Rathdown had the highest joint purchaser income in 2024 at €157,100, and the lowest was Monaghan, at €77,900.
* Longford was the county with the lowest median purchase price in 2024, at €182,200, and Dún Laoghaire-Rathdown had the highest median price, at €660,000.
* Sligo was the county with the biggest annual percentage increase in median purchase price in 2024, rising by 26%, followed by Limerick and Westmeath, up 17% and 16% respectively.
* Almost a third of people who bought a dwelling in 2024 were aged 35 or under. Around 11% of purchasers were aged 60 and over.
* The median income for purchasers aged under 35 in 2024 was €86,400.
* In 2022, 8% of people who bought a home and were counted in Census 2022 were living with their parents.
https://www.cso.ie/en/releasesandpublications/fp/fp-cropp/characteristicsofresidentialpropertypurchasers2022-2024/keyfindings/
When they say that income figure then if it is a couple buying I assume it is their joint incomes. So if 60% are joint purchasers thats massively impacting it. Like 84k as median would be joint couple on 42k each.
I assume that’s joint income?