The income reference period of SILC in year T is the calendar year T-1, i.e. for SILC 2023 the income relates to Jan-Dec 2022.
The median nominal household disposable income in SILC 2023 (calendar year 2022) was €55,149, an increase of €3,005 (+5.8%) from the previous year. Using a base income year of 2019 to adjust for inflation, the real median household disposable income was €50,162, a decrease of €958 (-1.9%) compared with the previous year. See figure 2.1 and tables 2.1a & 2.1c.
Disposable household income is gross household income less total tax, social insurance contributions, pension contributions and inter-household transfers paid. The ‘nominal’ figures discussed here have not been adjusted for inflation.
Real income is income that has been adjusted for inflation using Consumer Price Index (CPI) data. The current time-series begins with SILC 2020, where the income relates to the 2019 calendar year. As such, a base year of 2019 is used to adjust for inflation. Over the calendar year of 2022 (the income reference period for SILC 2023), the annual CPI varied from +5% in January to +9.2% in October 2022, see the CSO’s Consumer Price Index December 2022.
See Survey on Income and Living Conditions Fact Sheet (PDF 494KB) .
X-axis label | Real Median | Nominal Median | Real Mean | Nominal Mean |
---|---|---|---|---|
2021 | 50074 | 49906 | 57502 | 57309 |
2022 | 51120 | 52144 | 59264 | 60451 |
2023 | 50162 | 55149 | 57210 | 62898 |
Results from SILC 2023 show that factors such as age, employment status, education level, region, the number of people, and number of workers in the household all influence household income. Households with three or more persons at work had the highest nominal median household disposable income at €91,217, compared with €29,293 for households with no one at work. See table 2.1a.
Households composed of one adult aged 65 or over had the lowest median household disposable income at €19,753, compared with €79,167 for households composed of three or more adults and no children. All household types have seen an increase in nominal median household disposable income in SILC 2023, except for households composed of three or more adults and no children and other households with children aged under 18, who’s income fell in the year. See figure 2.2 and table 2.1a.
X-axis label | 2021 | 2022 | 2023 |
---|---|---|---|
1 adult aged 65+ | 17690 | 16826 | 19753 |
1 adult aged <65 | 24136 | 23994 | 27405 |
2 adults, at least 1 aged 65+ | 38929 | 38796 | 44204 |
2 adults, both aged <65 | 52760 | 59060 | 61073 |
3 or more adults | 73553 | 79419 | 79167 |
1 adult with children aged under 18 | 33421 | 35432 | 36973 |
2 adults with 1-3 children aged under 18 | 62428 | 62444 | 65877 |
Other households with children aged under 18 | 70183 | 75077 | 74577 |
After adjusting for inflation, real median household disposable income fell in five of the eight household groups in SILC 2023. The real income of households composed of one adults 65 years or over increased by 8.9% in 2023. Other households with children aged under 18 saw their real income fall by 7.8% in the year. See figure 2.3 and table 2.1c.
X-axis label | 2021 | 2022 | 2023 |
---|---|---|---|
1 adult aged 65+ | 17749 | 16496 | 17967 |
1 adult aged <65 | 24217 | 23523 | 24927 |
2 adults, at least 1 aged 65+ | 39060 | 38034 | 40207 |
2 adults, both aged <65 | 52937 | 57900 | 55550 |
3 or more adults | 73800 | 77859 | 72008 |
1 adult with children aged under 18 | 33533 | 34736 | 33630 |
2 adults with 1-3 children aged under 18 | 62638 | 61218 | 59920 |
Other households with children aged under 18 | 70419 | 73602 | 67833 |
SILC results show that those living in owner-occupied households have significantly higher household disposable income compared with people living in rented or rent-free households. The nominal median household disposable income for owner-occupied households was €63,036 in SILC 2023, an increase of €2,083 (+3.4%) from the previous year. The corresponding figure for rented and rent-free households increased by 7.6% to €43,433. See table 2.1a.
Households in the Northern and Western region saw their nominal median household disposable income increase 2.2% in SILC 2023. When inflation is accounted for, real median household disposable income for households in this region fell by 5.2% in the year. Real median household disposable incomes fell to a less extent for household in the Southern (down 0.9%) and Eastern and Midlands (down 2.5%) regions. See figure 2.4 tables 2.1a & 2.1c.
X-axis label | Nominal - % change 2022 to 2023 | Real - % change 2022 to 2023 |
---|---|---|
Northern and Western | 2.2 | -5.2 |
Southern | 6.8 | -0.9 |
Eastern and Midland | 5.1 | -2.5 |
Gross income includes social transfers plus market income, such as employment, pension income, employer’s social insurance and pension contributions, and other income. Cost of living measures introduced in 2022, such as energy credits and increased or additional social welfare payments and allowances are included in social transfers for SILC 2023 estimates. See Background Notes for details.
In SILC 2023, the mean weekly household gross income was €1,736, representing an increase of €75 (4.5%) from the previous year. See table 2.2a.
On average, households received €1,509 (86.9% of gross weekly income) from market income sources, and €227 (13.1% of gross income) from social transfers per week. However, this varied considerably by decile.
Ranking households from lowest household disposable income to highest and splitting into ten groups allows us to split households into deciles.
Households in the first household disposable income decile had a mean weekly gross income of €297, with an average €62 (20.7% of gross income) from market income and €235 (79.3% of gross income) from social transfers. After deductions, these households had an average net disposable income of €281 per week.
For households in the fifth decile the mean weekly gross income was €1,223, composed of an average €941 (76.9%) market income and €282 (23.1%) in social transfers. After deductions, households in the fifth decile had an average of €972 in disposable income.
Households in the tenth decile had a mean weekly gross income of €5,205, composed of an average €5,048 (97%) market income and €156 (3%) in social transfers. After deductions households in the tenth decile had an average €3,053 in disposable income. See figure 2.5 and table 2.3.
X-axis label | Total social transfers | Total market income | Total deductions | Net disposable income |
---|---|---|---|---|
1st decile | 235 | 62 | -16 | 281 |
2nd decile | 272 | 280 | -61 | 491 |
3rd decile | 286 | 482 | -110 | 658 |
4th decile | 313 | 653 | -160 | 805 |
5th decile | 282 | 941 | -251 | 972 |
6th decile | 256 | 1219 | -339 | 1137 |
7th decile | 168 | 1681 | -543 | 1307 |
8th decile | 184 | 1990 | -658 | 1515 |
9th decile | 115 | 2725 | -1010 | 1831 |
10th decile | 156 | 5048 | -2151 | 3053 |
State | 227 | 1509 | -530 | 1205 |
Disposable income is gross income less total tax, personal and employer’s social insurance contributions, personal and employer’s pension contributions, and inter-household transfers paid.
The mean weekly contribution in income tax and social insurance was €337 (19.4% of gross income). After total deductions of €530 (30.6% of gross income), the average household had €1,205 in weekly disposable income. See figure 2.5 and table 2.3a.
On average, households in the first household disposable income decile contributed €16 (5.4% of gross income) in tax, social insurance, inter-household transfers and pension deductions each week, containing an average €7 (2.3% of gross income) in tax and social insurance contributions. This left an average net disposable income of €281 per week.
For households in the fifth decile, an average of €251 (20.5% of gross income) was deducted each week leaving a disposable income of €972. On average, households in the fifth decile paid €144 a week (11.8% of gross income) in tax and social insurance contributions.
Households in the tenth decile had an average €2,151 (41.3% of gross income) deducted each week, resulting in a disposable income of €3,053. On average, households in the tenth decile paid €1,506 (28.9%) of gross income in weekly tax and social insurance contributions. See figure 2.5 and table 2.3.
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