What is considered high income in NZ?

The top quintile had a median $2.024 million, up from $1.328m in 2015. To be in this top 20 per cent of households, you now need worth of $1.1m. For the top 10 per cent, you need $2.025m. The top 20 per cent held about 69 per cent of total household net worth, Stats NZ said.

What is the top 10% household income?

The threshold to be in the top 10% of household incomes in 2021 in the United States was $201,052.

What is considered middle income in NZ?

Figures released today by Stats NZ show there was strong growth in median household incomes in 2020, before surveying was halted due to COVID-19. Stats NZ found the median annual household income rose 6.9 percent to $75,024 in the year to June 2020 compared with a year earlier.

What is a good household income NZ?

In the year ended June 2021 (compared with the year ended June 2020), the key measures of household incomes and housing costs showed: average annual household income (gross) increased from $105,701 to $110,451 (up 4.5 percent)

What percentage of the population makes over $100 000 a year?

30.7%
About 30.7% of households earned over $100,000 in 2020. In 2019, around 15.5% of Americans earned between $100,000 and $149,999; about 8.3% of the population earned between $150,000 and $199,999; and about 10.3% of the population earned over $200,000.

What is upper class in NZ?

Stats NZ data shows that to be in the top 1 per cent on an individual level in New Zealand, you need to have assets of $3.89 million. To be in the top 5 per cent, you need to clear $1.4m. On a household level, you get to 1 per cent with combined assets of $7.8 million.

What is the average household income in New Zealand?

These can include wages and salaries, self-employment, investments, New Zealand Superannuation, and government benefits and other regular sources. Gross income is the sum of income from all these sources before any income tax or any levies are deducted. In 2019 the average annual household income (gross) was $102,613.

What are the household income and housing-cost statistics?

Household income and housing-cost statistics provide income and expenditure information for households, and demographic data on households and individuals in New Zealand. 25 February 2020: We replaced the Excel table to correct a subheading on table 8. The subheading read ‘year ending 2018’, it has been replaced with ‘year ending 2019’.

What is the Household Economic Survey (HES) 2020/21?

Information on New Zealand households’ income, housing costs, and material well-being is based on data collected as part of the Household Economic Survey (HES) 2020/21. Only minor changes were made to the way we collected data in HES 2020/21 compared with HES 2019/20:

What are income survey questions?

What are Income Survey Questions? Income survey questions is a questionnaire that is asked to understand the financial status of an individual. They shed light on the amount of income a person makes in a year, be it individual income or household income. Income survey questions can be sensitive in nature.