Average salary at €47,000

Plumbthedepths

MichaelKnee wrote: »

I know what the median means, what's the median salary in Ireland?

2017 when the CSO released the figures it was 37k.

Akrasia

DellyBelly wrote: »

Im a bit surprised by that figure. Thought it might be a little higher. Suppose that includes outside cities because if it doesn't I'd say the average wage is closer to 55 - 69 k. Definitely in Dublin anyway

Yeah, cause all those shop assistants, bar staff, car washers, laborers, plumbers, hotel workers, receptionists, admin staff etc are all on 60k a year...

The average wage stats are skewed because we live in an economy where a small percentage of people earn a fortune and the rest of the population scrape by on 24k a year ( if they’re lucky)

The median income is a better representation of what most people are earning, and it’s nowhere near 60k a year. Much closer to half of that.

MichaelKnee

Plumbthedepths wrote: »

2017 when the CSO released the figures it was 37k.

37k as a median isn't bad really.

Plumbthedepths

MichaelKnee wrote: »

37k as a median isn't bad really.

That's pre tax and not great if your rent is 1300 a month. Good luck getting a mortgage.

MichaelKnee

Plumbthedepths wrote: »

That's pre tax and not great if your rent is 1300 a month. Good luck getting a mortgage.

So is the 47000 figure. Regardless, 37k falls within the higher tax rate also, so my original point stands.

A couple on 37k each could afford a 280-290k property as per CB guidelines.

Geuze

Maverick Tight Octopus wrote: »

Where are getting the average salary of €47k from?

Mean average earnings of full-time workers are 47k approx.

That includes overtime and bonuses.

Geuze

MichaelKnee wrote: »

What's the median income? I can't find statistics on it. Also, it doesn't change the fact that high taxes kick in at a low amount.

Note that earnings and incomes are not the same.

Income data is found in the SILC:

https://www.cso.ie/en/statistics/socialconditions/surveyonincomeandlivingconditionssilc/

Geuze

MichaelKnee wrote: »

What's the median salary in Ireland?

Median earnings or median income?

Median earnings data are hard to find.

Have a look here:

https://www.cso.ie/en/statistics/earnings/


Income data is in the SILC:

https://www.cso.ie/en/statistics/socialconditions/surveyonincomeandlivingconditionssilc/

Geuze

Plumbthedepths wrote: »

2017 when the CSO released the figures it was 37k.

Exact source for that, please?

Which CSO publication?

Nermal

Plumbthedepths wrote: »

Average salary is a misnomer.

You’re pretty confident for someone who doesn’t know what ‘misnomer’ means.

Geuze

I look here:

https://www.cso.ie/en/statistics/earnings/

and I find this:

https://www.cso.ie/en/statistics/earnings/structuralearnings/

but I don't know what they mean by "Structural Earnings"

In there, I find this:

https://www.cso.ie/en/releasesandpublications/ep/p-eaads/earningsanalysisusingadministrativedatasources2018/

And then I find data for mean and median earnings in 2018:

Mean = 741 pw
Median = 593 pw

This is across all employments.

Note that a person can have more than one employment.

Geuze

I keep searching, and find:

https://www.cso.ie/en/releasesandpublications/ep/p-eaads/earningsanalysisusingadministrativedatasources2018/annualearnings/

2018 annual earnings, across all employments (not workers)

Mean = 44,180
Median = 36,095

Again, note that a person can have two employments.


Methodology
All employments except as detailed below: employees earning less than €500 per annum, employments where the duration was less than two weeks in the year, secondary employments earning less than €4,000 per annum, extremely high earnings values, observations with missing employer and employee reference numbers employment activity in NACE sectors A, T and U.

Plumbthedepths

Nermal wrote: »

You’re pretty confident for someone who doesn’t know what ‘misnomer’ means.

You want to argue semantics?

Plumbthedepths

Geuze wrote: »

Exact source for that, please?

Which CSO publication?

I'm on my phone so I can't see the post count but the article I linked is still there.

endacl

antodeco wrote: »

In fact, if you earn more, you buy more, meaning you actually pay more VAT on goods than someone who earns less.

Not necessarily. I earn a fair bit more than that, but I buy fcukall. Not because I'm cheap, but because I'm not really into 'stuff'. I'm sure I'm not the only one? Many of the relatively high earners I'd know don't either. Income isn't a spending target, you know.

antodeco

endacl wrote: »

Not necessarily. I earn a fair bit more than that, but I buy fcukall. Not because I'm cheap, but because I'm not really into 'stuff'. I'm sure I'm not the only one? Many of the relatively high earners I'd know don't either. Income isn't a spending target, you know.

And Equally, the same people on lower money, could also be the exact same as you. It was a personal example for me. I, similarly to you, would earn a fair bit more than that, and buy loads. Theres also people who buy nothing, regardless of their income

andekwarhola

Average tend to be more inaccurate and higher than median so is usually used more often for propaganda about living standards.

jimgoose

I don't know if I'd go quite as high as 47k, but the lower income tax band needs to be significantly broader, in both directions, than it currently is. It is nothing short of criminal what happens to your paypacket when you go over it.

endacl

endacl wrote: »

Not necessarily. I earn a fair bit more than that, but I buy fcukall. Not because I'm cheap, but because I'm not really into 'stuff'. I'm sure I'm not the only one? Many of the relatively high earners I'd know don't either. Income isn't a spending target, you know.

You would be an exception though, generally the more you earn the more you spend. Whats the point in earning more if you aren't enjoying it I say.

I disagree with the higher rate of tax regardless of where it cut off is. You shouldn't be punished for earning more, every euro you earn in the higher rate you only get 50 cent. Its scandellous.

The absolute idiots in SF then want to remove USC for lower earners. This is absolute brain dead stuff, if anything lower earner should be contributing more and taking more of the tax burden. Removing the USC means lower earners pay less again leaving middle and higher earners to subsidise them. Complete madness.

Ficheall

bennyineire wrote: »

MichaelKnee wrote: »

What's the median salary in Ireland?

The salary range that most people earn

Technically that's the mode, right? Though I presume the median is what people are interested in.
10,10,10,20,30,40,50,60,70,100,200.
Mode:10
Median:40
Mean:54.5

Idbatterim

Salary Negotiator wrote: »

It is kind of ironic that an average salary means you pay higher rate income tax.

the working poor here are hit by the FIFTY percent marginal rate. No water charges, as good as no LPT, low income earners paying in nearly nothing, in terms of tax take. Its a farce, basically hit the mid to high income workers (other than corporation tax) to pay for everything. Its ok though, they only make up 20-25% of the electorate, likely less, so we can still give them a **** deal and buy off ther majority :rolleyes:

Also people saying "raise the rate" from FIFTY percent over low income are fools, who have no idea how things work. I have people turning down extra hours at E35 hour, because of the marginal rate! Who wins in that case!

Idbatterim

Zebra3 wrote: »

People get hung up on tax that they pay but what's equally as important is the services that we get back.

I'd gladly pay higher personal tax to have public services on par with Scandinavian countries.

It's not all about an extra tenner in your back pocket.

what?! what services do you get back here? free medical care? cheap child care etc? good public transport? Come on! All that earning over a low threshold here does, is remove you from the free housing, medical card etc...

The absolute idiots in SF then want to remove USC for lower earners. This is absolute brain dead stuff, if anything lower earner should be contributing more and taking more of the tax burden. Removing the USC means lower earners pay less again leaving middle and higher earners to subsidise them. Complete madness.

absolute lunacy of the highest order, lunacy, like getting rid of LPT! But if its that madness or the far bigger madness of welfare increases, its a no brainer...

nkl12xtw5goz70

MichaelKnee wrote: »

Regardless, the higher tax bracket kicks in at a shockingly low level.

In the US, the highest tax bracket of 37% kicks in at $510k.

Zebra3

Idbatterim wrote: »

what?! what services do you get back here? free medical care? cheap child care etc? good public transport? Come on! All that earning over a low threshold here does, is remove you from the free housing, medical card etc...

absolute lunacy of the highest order, lunacy, like getting rid of LPT! But if its that madness or the far bigger madness of welfare increases, its a no brainer...

I think you completely missed my point.

I didn't say we have Scandinavian style public services....

Alun

ToxicPaddy wrote: »

The quote from Aidan Regan is interesting, its not the average figure but the median figure that is more accurate and matters more.

Exactly.

Idbatterim

Zebra3 wrote: »

I think you completely missed my point.

I didn't say we have Scandinavian style public services....

we dont and will never have them, what we have here is a scandalour marginal rates, scandalous services, appalling government. the money is bette off in your pocket, believe me. Maybe not in many other countries, but it is here...

dinorebel

poisonated wrote: »

I earn considerably less than that

This is Boards average salary here is about 80k if people are to be believed.

topper75

Zebra3 wrote: »

...

I'd gladly pay higher personal tax to have public services on par with Scandinavian countries.
...

If we taxed workers more, then the PS would be flush overnight, yes.
Cue the Irish PS unions immediately demanding increased pay and nullifying any improved service.

How do the Scandi countries address this problem?

Antares35

MichaelKnee wrote: »

Isn't it fair to increase the higher tax bracket above this?

Yes let's punish people for educating themselves and working hard to get ahead.

endacl

Leland Melted Rumor wrote: »

You would be an exception though, generally the more you earn the more you spend. Whats the point in earning more if you aren't enjoying it I say.

Does enjoying it necessarily equate to the accumulation of ‘stuff’ though? I drive a 15 year old car, because I like it. If I go out, I like to go for 3-4 pints. If my income was halved, that wouldn’t change. Likewise, if it doubled.