The income data in the HFCS can be compared to the income collected in the SILC, (Survey on Income and Living Conditions), an annual household survey conducted by the CSO.
The SILC is the official source of income for households and individuals and also provides several key national poverty indicators, such as the at risk of poverty rate, the consistent poverty rate and rates of enforced deprivation.
Mean and median annual gross household income values as measured in the HFCS were slightly higher than the comparable SILC estimates (2.0% and 2.6% higher respectively (see Table 6.1).
|Table 6.1 Comparison of HFCS and SILC income|
|HFCS gross household income (€)||65,400||47,900|
|SILC gross household income (€)||64,133||46,678|
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