Household income
According to the 2010 EU-SILC, Austrian households have a median household income of €31 125 a year. 10% of households have less than €13 032, and 10% have more than €64 757 p.a. at their disposal.
The equivalised household income is used to allow comparisons between households of different sizes and composition. 50% of the population in private households have more than €20 618 at their disposal. While the 10% with the highest income have more than €36 737 of equivalised household income at their disposal per annum, the 10% with the lowest income (around 800 000 people each) have less than €11 503 at their disposal. Proportionally the top 10% have 22% of the total equivalised income at their disposal. By contrast the 10% with the lowest income have only 4% of the total income at their disposal.
EU-SILC is the only available data source on household income in Austria. The results of the 2010 survey relate to 2009 incomes. Household income is calculated as the sum of all earned income in the household plus any income from capital and pensions as well as any social transfers. The net household income is obtained after deduction of taxes. The available net household income is then calculated by deducting and adding alimonies and other private transfers between the households.
The equivalised household income is obtained by dividing the available household income by the number of consumption equivalents in the household. It is assumed that, as the size of the household increases and depending on the age of the children, cost savings are achieved in the household through joint budgeting (economies of scale). For weighting purposes the EU scale (modified OECD scale) is used to calculate a household’s resource requirements. An adult living on his or her own is taken as the reference point (= consumption equivalent), with an allocated weighting of 1. For each additional adult, the assumed resource requirement increases by 0.5 consumption equivalents. Each child under the age of 14 is weighted with a consumption equivalent of 0.3. So a household comprising a father, mother and child would have a calculated consumption equivalent of 1.8 compared to a single-person household.
Please consult our German website for tables and charts containing further information.
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