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How can someone in their 30s afford a house - PLEASE READ MOD WARNING IN OP

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Comments

  • #902
    Cyrus
    Registered Users, Registered Users 2 Posts: 20,206 ✭✭✭✭Cyrus


    lainey_d_123 wrote: »
    It's just yet another way for the right wingers to sh1t on people and make everything the individual's fault.

    Maybe some things are the individuals fault ? Can’t always be someone else to blame


  • #903
    [Deleted User]
    Posts: 18,749 ✭✭✭✭ [Deleted User]


    lainey_d_123 wrote: »
    Eh....where exactly?

    Eh anywhere.


  • #904
    lainey_d_123
    Registered Users Posts: 2,385 ✭✭✭lainey_d_123


    bubblypop wrote: »
    Eh anywhere.

    Why are you still talking about something you clearly have no idea about? What do you mean by 'anywhere'? She CANNOT work in the EU now. There's virtually no market for interpreters in the UK. The jobs which do exist are freelance, one off jobs.


  • #905
    Graham
    Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    Mod Note

    We're straying into the weeds a little here.

    There's a lovely work & jobs forum here where you can discuss career options.


  • #906
    GreeBo
    Registered Users, Registered Users 2 Posts: 27,253 ✭✭✭✭GreeBo


    lainey_d_123 wrote: »
    Exactly. If I had been able to save what I've paid in rent over the last 15 years, I'd have a deposit many times over.

    And if I had been able to save what I've spent on food I'd be mortgage free.
    I'm not sure what point you are trying to make here?


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  • #907
    holliehobbie
    Registered Users Posts: 409 ✭✭holliehobbie


    Deleted User wrote: »
    There are many similar threads on boards and I don't understand why some people can't just admit that its more difficult than ever to buy a house, particularly in Dublin.

    Its not even a discussion, its a fact backed up by the number of people now living in Meath, Kildare, Laois, Wicklow.

    Its not because people have a Netflix or Spotify account. Its not because people go out and have a bit of fun once in awhile.

    Somebody mentioned 50K not being a great salary. Well more than half the country earn less. I know software developers that are on 50K. Half the multi national companies dont actually directly hire too many people. They outsource major parts of their operation to companies that will do it for cheaper and pay lower salaries.

    Its these low salaries and high house costs that is the issue.
    You forgot Co. Louth in your list!! Two of my sisters commute from Dundalk to Dublin for work.


  • #908
    lainey_d_123
    Registered Users Posts: 2,385 ✭✭✭lainey_d_123


    GreeBo wrote: »
    And if I had been able to save what I've spent on food I'd be mortgage free.
    I'm not sure what point you are trying to make here?

    That the original point of a deposit was to prove you could afford your mortgage and weren't a risk to the bank. Most people who are renting are paying more every month to rent than they'd pay for a mortgage. Most people on average salaries can't afford to spend 35+% of their take-home pay on rent and then put that again into savings. If you're spending 600+ euro a month on food, you've got issues.


  • #909
    [Deleted User]
    Posts: 17,728 ✭✭✭✭ [Deleted User]


    Rent should conceptually be higher than a mortgage.... that is quite logical.
    Currently in Ireland rent is very high, at peak prices. Property values have been higher (some will disagree).

    As an aside. A coding workshop isn't comparable town actual degree in a relevant discipline.... a graduate will of course be the preferable candidate 9 times out of 10 for an entry level role...

    If you need to spend 35% of take home on rent then saving another 35% of take home is a challenge...... however on 3k+ net it'd be doable imo.

    And if you're not on 3k net you should be sharing if realistic about gathering a deposit.

    Loads of folk decided to rent long-term when rent was really low..... turns out they don't like the concept now as rents are high.


  • #910
    [Deleted User]
    Posts: 4,727 ✭✭✭ [Deleted User]


    Augeo wrote: »
    Rent should conceptually be higher than a mortgage.... that is quite logical.
    Currently in Ireland rent is very high, at peak prices. Property values have been higher (some will disagree).

    As an aside. A coding workshop isn't comparable town actual degree in a relevant discipline.... a graduate will of course be the preferable candidate 9 times out of 10 for an entry level role...

    If you need to spend 35% of take home on rent then saving another 35% of take home is a challenge...... however on 3k+ net it'd be doable imo.

    And if you're not on 3k net you should be sharing if realistic about gathering a deposit.

    Loads of folk decided to rent long-term when rent was really low..... turns out they don't like the concept now as rents are high.

    The average salary is certainly not 3k + net.
    So essentially we are saying that the average person can’t buy a house. Buying a house is now for above average people.


  • #911
    DubJJ
    Registered Users Posts: 84 ✭✭DubJJ


    lainey_d_123 wrote: »
    She CANNOT work in the EU now. There's virtually no market for interpreters in the UK.

    Why can't she work in the EU? No agreement has been made yet so nobody knows what the future holds, I'm sure the uncertainty is frustrating but UK citizens haven't been banned from working in the EU just yet. (now working for the EU is a different story).
    To say there's no work for interpreters in the UK is also ridiculous, they have a massive immigrant population from around the world.


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  • #912
    [Deleted User]
    Posts: 17,728 ✭✭✭✭ [Deleted User]


    Deleted User wrote: »
    The average salary is certainly not 3k + net.
    So essentially we are saying that the average person can’t buy a house. Buying a house is now for above average people.

    Indeed.
    Average person doesn't need a house either ..... but do all the average people live in Dublin?
    Average people couple up etc....
    If you're single & looking to buy a house you aren't an average person.
    If folk want to talk about averages.


  • #913
    Liana Hundreds Puck
    Posts: 0 ✭✭✭✭ Liana Hundreds Puck


    Deleted User wrote: »
    The average salary is certainly not 3k + net.
    So essentially we are saying that the average person can’t buy a house. Buying a house is now for above average people.

    The average full time salary in the State is something like 46k. That is not far off 3k net, it's about 2.9k. So yes not quite 3k net but not far off either.


  • #914
    [Deleted User]
    Posts: 17,728 ✭✭✭✭ [Deleted User]


    Folk will now harp on that the average Joe can't get a full time job paying 46k.
    Average Joe drives a van for a tenner/hour or is on shirt term contract with a nasty multinational etc etc etc


  • #915
    Yurt2
    Registered Users, Registered Users 2 Posts: 9,381 ✭✭✭Yurt2


    Zaiden Brief Upholstery wrote: »
    The average full time salary in the State is something like 46k. That is not far off 3k net, it's about 2.9k. So yes not quite 3k net but not far off either.


    If Mark Zuckerberg sat down for dinner with 9 street sweepers, the average net worth of the people at the table would be 6 billion dollars.


    The median salary in Ireland, around which most people in the economy are clustered is much lower.


  • #916
    lainey_d_123
    Registered Users Posts: 2,385 ✭✭✭lainey_d_123


    Deleted User wrote: »
    The average salary is certainly not 3k + net.
    So essentially we are saying that the average person can’t buy a house. Buying a house is now for above average people.

    Isn't that basically the answer to the OP's question? Make over the median salary, and preferably be part of a couple who can pool their savings?


  • #917
    Liana Hundreds Puck
    Posts: 0 ✭✭✭✭ Liana Hundreds Puck


    Yurt! wrote: »
    If Mark Zuckerberg sat down for dinner with 9 street sweepers, the average net worth of the people at the table would be 6 billion dollars.


    The median wage, where most people in the economy are clustered is much lower.

    Give us the figure then. There are no Mark Zuckerbergs in Ireland.


  • #918
    Graham
    Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    Interesting article in the Irish Times Here

    What salary will buy a typical house around Ireland?

    It's from last year but prices in many/most areas haven't changed too significantly.

    It also doesn't appear to take into account bank exemptions/FTB/HTB which would also help first time buyers.


  • #919
    Yurt2
    Registered Users, Registered Users 2 Posts: 9,381 ✭✭✭Yurt2


    Zaiden Brief Upholstery wrote: »
    Give us the figure then. There are no Mark Zuckerbergs in Ireland.


    But there are very wealthy people in Ireland (including billionaires and millionaires) who skew the figures obviously. You understand what average v median means right?



    It was discussed earlier in the thread, the CSO don't publish the median salary for the individual. The best they come up with is median income for households. In dual earning households it's 40k or therabouts after tax and transfers. So 20k per person after tax and transfers to put a crude figure on it. Not as pretty a picture as 47k.


  • #920
    Liana Hundreds Puck
    Posts: 0 ✭✭✭✭ Liana Hundreds Puck


    Yurt! wrote: »
    But there are very wealthy people in Ireland (including billionaires and millionaires) who skew the figures obviously. You understand what average v median means right?



    It was discussed earlier in the thread, the CSO don't publish the median salary for the individual. The best they come up with is median income for households. In dual earning households it's 40k or therabouts after tax and transfers. So 20k per person after tax and transfers to put a crude figure on it. Not as pretty a picture as 47k.

    What on earth is with people like you in this thread responding to everything with these idiotic attempts at being condescending? You made a claim, you offered absolutely nothing to back it up, and you're still not comparing like-with-like. The average figure given (46k-ish) is for full time workers, i.e. the sorts of people who might be looking to buy a house. The household median figure is useless. And even looking back to the post that gave those figures:
    For hh where the head person works, the median disp income is 54,227.


  • #921
    lainey_d_123
    Registered Users Posts: 2,385 ✭✭✭lainey_d_123


    Zaiden Brief Upholstery wrote: »
    What on earth is with people like you in this thread responding to everything with these idiotic attempts at being condescending? You made a claim, you offered absolutely nothing to back it up, and you're still not comparing like-with-like. The average figure given (46k-ish) is for full time workers, i.e. the sorts of people who might be looking to buy a house. The household median figure is useless. And even looking back to the post that gave those figures:

    How is it useless?


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  • #922
    Yurt2
    Registered Users, Registered Users 2 Posts: 9,381 ✭✭✭Yurt2


    Zaiden Brief Upholstery wrote: »
    What on earth is with people like you in this thread responding to everything with these idiotic attempts at being condescending? You made a claim, you offered absolutely nothing to back it up, and you're still not comparing like-with-like. The average figure given (46k-ish) is for full time workers, i.e. the sorts of people who might be looking to buy a house. The household median figure is useless. And even looking back to the post that gave those figures:

    If you think the average of 47k is where most people are at I have a bridge in Brooklyn that I would like to sell you. You fundamentally don't understand statistics if you think all the Joe soaps you meet are walking around with a wage of 47k. If that were true then we wouldn't be having this discussion.

    Single earning households are much more likely from the wealthy end of the distribution, and I shouldn't have to explain why.

    The CSO stats are the CSO stats. Dual earning households, the vast majority of working families, have a median income of 40k (or 20k per head after taxes for the hard of understanding) If you don't like it, give the CSO a call.

    "Go on then"

    Remind me, was that me or you?


  • #923
    Liana Hundreds Puck
    Posts: 0 ✭✭✭✭ Liana Hundreds Puck


    lainey_d_123 wrote: »
    How is it useless?

    The topic of this thread is how someone in their 30s might buy a house. Here are some of the categories this 30 something year olds might fit into and their median household salaries:

    Two adults under 65years old - 46k
    Third level non-degree (highest education level attained) - 50k
    Head of house (whatever that means) at work - 54k
    Two people at work in the household - 62k
    Head of house has 3rd level education - 64k

    Link: https://www.cso.ie/en/releasesandpublications/ep/p-silc/surveyonincomeandlivingconditionssilc2017/income/


  • #924
    Liana Hundreds Puck
    Posts: 0 ✭✭✭✭ Liana Hundreds Puck


    Yurt! wrote: »
    Dual earning households, the vast majority of working families, have a median income of 40k (or 20k per head after taxes for the hard of understanding) If you don't like it, give the CSO a call.

    "Go on then"

    Remind me, was that me or you?

    That is absolutely not what the CSO stats say. They say the median earnings over ALL households is 40k, including retirees, unemployed, disability recipients, students etc. It's all at the link I posted above, table 2.1a.


  • #925
    Yurt2
    Registered Users, Registered Users 2 Posts: 9,381 ✭✭✭Yurt2


    Zaiden Brief Upholstery wrote: »
    The topic of this thread is how someone in their 30s might buy a house. Here are some of the categories this 30 something year olds might fit into and their median household salaries:

    Two adults under 65years old - 46k
    Third level non-degree (highest education level attained) - 50k
    Head of house (whatever that means) at work - 54k
    Two people at work in the household - 62k
    Head of house has 3rd level education - 64k

    Link: https://www.cso.ie/en/releasesandpublications/ep/p-silc/surveyonincomeandlivingconditionssilc2017/income/

    Two people at work in the household 64k. Divide that by two there.

    I'll give you time...

    Get back to me when it's 47k


  • #926
    Liana Hundreds Puck
    Posts: 0 ✭✭✭✭ Liana Hundreds Puck


    Yurt! wrote: »
    Two people at work in the household 64k. Divide that by two there.

    I'll give you time...

    Get back to me when it's 47k

    I can be a dick as well - do you understand what 'disposable income' is?


  • #927
    Yurt2
    Registered Users, Registered Users 2 Posts: 9,381 ✭✭✭Yurt2


    Zaiden Brief Upholstery wrote: »
    I can be a dick as well - do you understand what 'disposable income' is?

    Sure do. Does it add up to 47k per head before tax?

    Again, I'll give you time...

    Edit: btw you made the claim in your post these figures were salaries and not net income after tax and social transfers. You're all over the map.


  • #928
    Liana Hundreds Puck
    Posts: 0 ✭✭✭✭ Liana Hundreds Puck


    Why am I bothering.

    20k disposable per person in dual income - absolute verifiable nonsense.


  • #929
    Yurt2
    Registered Users, Registered Users 2 Posts: 9,381 ✭✭✭Yurt2


    Zaiden Brief Upholstery wrote: »
    Why am I bothering.

    20k disposable per person in dual income - absolute verifiable nonsense.

    I never made that claim. I said it's the median income, which it is. It's in the first line of the CSO link you put up.


  • #930
    Liana Hundreds Puck
    Posts: 0 ✭✭✭✭ Liana Hundreds Puck


    Yurt! wrote: »
    I never made that claim.

    Ok.
    Yurt! wrote: »
    In dual earning households it's 40k or therabouts after tax and transfers. So 20k per person after tax and transfers to put a crude figure on it. Not as pretty a picture as 47k.


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  • #931
    Graham
    Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    Yurt! wrote: »
    But there are very wealthy people in Ireland (including billionaires and millionaires) who skew the figures obviously. You understand what average v median means right?

    It was discussed earlier in the thread, the CSO don't publish the median salary for the individual. The best they come up with is median income for households. In dual earning households it's 40k or therabouts after tax and transfers. So 20k per person after tax and transfers to put a crude figure on it. Not as pretty a picture as 47k.

    If we're discussing average income/salary/wages, millionaires/billionaire aren't automatically going to skew the averages unless they are resident millionaires/billionaires and their annual income/salary/wage is in the millions/billions.


  • #932
    devlinio
    Banned (with Prison Access) Posts: 172 ✭✭devlinio


    Why was my comment on programming wages deleted?


  • #933
    Yurt2
    Registered Users, Registered Users 2 Posts: 9,381 ✭✭✭Yurt2


    Zaiden Brief Upholstery wrote: »
    Ok.


    For dual income it is (as distinct from the two per head of household at work figures). 'Earning household' you can take as a semantic slip on the keyboard


  • #934
    Liana Hundreds Puck
    Posts: 0 ✭✭✭✭ Liana Hundreds Puck


    Yurt! wrote: »
    For dual income it is (as distinct from the two per head of household at work figures). 'Earning household' you can take as a semantic slip on the keyboard

    I'll take it as you talking absolute rubbish.


  • #935
    Yurt2
    Registered Users, Registered Users 2 Posts: 9,381 ✭✭✭Yurt2


    2015 the median for full time workers was 32k gross. 4 year old figures I know, but I'd severely doubt that it now approaches your suggested 42k figure. Particularly when two salaried households will be claiming a host of tax reliefs and social transfers.

    For reference, the *average* FT figure was 45k (CSO) in 2015.

    So conditions haven't changed all that much.

    https://www.google.com/amp/s/www.irishtimes.com/opinion/super-rich-or-super-angry-where-are-you-on-ireland-s-income-pyramid-1.2104861%3fmode=amp


  • #936
    Tar.Aldarion
    Moderators, Science, Health & Environment Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 60,104 Mod ✭✭✭✭Tar.Aldarion


    Yurt! wrote: »
    No grad on God's green earth walks out of uni into Google Dublin on 90k. Even in San Francisco a junior developer likely wouldn't start on 90 (dollar amount).
    cintec wrote: »
    A lot of companies like Google and Facebook give stock options so base salary may not be 90k but when the entire benefit package is considered 90k is not a million miles away.

    Yes, this is it, shares. I work in the area. Offers including stock this year were over 90k. Here is an example of an offer this year at Google: Salary : €67k (Total Comp : €93k). The also get raises twice a year, at least in the London office where I am more familiar.

    In the US they do earn more than 90K in San Francisco, that would be considered low for a lot of companies. A small startup might be 70k-90k, but that is intern wage at a bigger company and a grad would make 120k+. There are 180,000 millionaires in the bay area.

    Similar high prices in Zurich where after a few years people are known to save €100k a year, let alone just earn it!

    However here in Ireland, apart from the big 4, salaries are lower in general and more in line with other professions.


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  • #937
    Yurt2
    Registered Users, Registered Users 2 Posts: 9,381 ✭✭✭Yurt2


    The Nevin Economic Research Institute has the median gross wage for a 24-35 year old workers at 31k in 2018 and over 35s at a median of 37k.

    Both significantly below 'average' wage of 47k and your speculative median of 42k.

    The report itself is worth a read as it talks about housing affordability in the context of median wage (there has to be a reason why economists use the median as a barometer right?!?)

    Anyway there are your figures. Have them with a sprinkling of whatever dressing you like yourself.

    https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.nerinstitute.net/download/pdf/20180105115417.pdf&ved=2ahUKEwiU8ffy_sLgAhW0rHEKHV2vA5YQFjABegQIBxAB&usg=AOvVaw3dDMfCwnXOcstDpVtJJKZr

    Conclusion from actual economists and not wafflers:

    "Given the widely recognized affordability ratio of 30% of disposable income, the data shows
    that for a majority of workers renting a minimally adequate unit, as set out in the paper, in
    most areas in Dublin is ‘unaffordable’ and getting more ‘unaffordable’. This is especially the case for single earners renting a one-bedroom apartment and two earners renting anything
    with three bedrooms and above. The data also show that most individual wage earners in
    Ireland would not meet the criteria to successfully apply for a mortgage for a one-bed
    apartment anywhere in Dublin and similarly, that two employees in the middle of the wage
    distribution are priced out of the market for three-bedroom semi-d’s in Dublin given central
    bank rules on lending."


  • #938
    [Deleted User]
    Posts: 4,727 ✭✭✭ [Deleted User]


    I think we’ve answered the OP now at least. Get a job with an above average salary. 50k a year should put you in the market for properties around 200k. There’ll be some apartments out there just about within your reach.

    If it’s a house you want, 60k a year might open up some possibilities in very rural locations.

    70k a year might bring you back to greater Dublin or some less desirable areas in Dublin.


  • #939
    Yurt2
    Registered Users, Registered Users 2 Posts: 9,381 ✭✭✭Yurt2


    Further to the above: NERI has the median at 34k gross across all age cohorts over 25. Exactly what I speculated it to be pages ago. We can put that rest at least.


  • #940
    corcaigh1
    Registered Users Posts: 647 ✭✭✭corcaigh1


    Fiftyfilthy wrote: »
    Can be done

    I’m a lone parent, work full time and secured a mortgage and sale agreed on an apartment

    Location: Co.Longford


  • #941
    Graham
    Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    Yurt! wrote: »
    Further to the above: NERI has the median at 34k gross across all age cohorts over 25. Exactly what I speculated it to be pages ago. We can put that rest at least.

    Would that be this NERI?

    NERI is a new all-Ireland trade-union supported think-tank on economic policy


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  • #942
    Yurt2
    Registered Users, Registered Users 2 Posts: 9,381 ✭✭✭Yurt2


    Graham wrote: »
    Would that be this NERI?

    NERI is a new all-Ireland trade-union supported think-tank on economic policy

    If you want to dispute its conclusions, dispute its conclusions.


  • #943
    Graham
    Moderators, Society & Culture Moderators Posts: 17,642 Mod ✭✭✭✭Graham


    Yurt! wrote: »
    If you want to dispute its conclusions, dispute its conclusions.

    Just asking the question is all, it's always interesting to see who is financing the conclusions.


  • #944
    Liana Hundreds Puck
    Posts: 0 ✭✭✭✭ Liana Hundreds Puck


    Yurt! wrote: »
    Further to the above: NERI has the median at 34k gross across all age cohorts over 25. Exactly what I speculated it to be pages ago. We can put that rest at least.
    note: the median wage is for all employees who identify as ‘at work’, both part-time and full-time

    Nope.


  • #945
    Yurt2
    Registered Users, Registered Users 2 Posts: 9,381 ✭✭✭Yurt2


    Zaiden Brief Upholstery wrote: »
    Nope.

    Take it how you want to take it, I never presented the NERI figures as exclusively full-time. That's the median for workers in Ireland as calculated by a professional economist. You're the one shifting things around. You speculated 42k earlier and you were way off the mark , care to retract?

    The 2015 figures are presented as full time (32k figure from the IT). Want to dispute that figure as well?


  • #946
    limnam
    Registered Users, Registered Users 2 Posts: 9,244 ✭✭✭limnam


    Yurt! wrote: »
    Take it how you want to take it, I never presented the NERI figures as exclusively full-time. That's the median for workers in Ireland as calculated by a professional economist. You're the one shifting things around. You speculated 42k earlier and you were way off the mark , care to retract?

    The 2015 figures are presented as full time (32k figure from the IT). Want to dispute that figure as well?


    From IE in 2017 it had average full time at 45.5kish


    https://www.irishexaminer.com/breakingnews/ireland/this-is-the-average-full-time-wage-in-ireland-795670.html


  • #947
    Yurt2
    Registered Users, Registered Users 2 Posts: 9,381 ✭✭✭Yurt2


    limnam wrote: »
    From IE in 2017 it had average full time at 45.5kish


    https://www.irishexaminer.com/breakingnews/ireland/this-is-the-average-full-time-wage-in-ireland-795670.html

    That's the average once again, not the median.


  • #948
    limnam
    Registered Users, Registered Users 2 Posts: 9,244 ✭✭✭limnam


    Yurt! wrote: »
    That's the average once again, not the median.


    Which is what Zaiden Brief Upholstery was discussing, so why would he retract it ?


  • #949
    Yurt2
    Registered Users, Registered Users 2 Posts: 9,381 ✭✭✭Yurt2


    limnam wrote: »
    Which is what Zaiden Brief Upholstery was discussing, so why would he retract it ?


    There was a dispute as to what the median is. The average is published by the CSO regularly and is there for all to see. The average was being wheeled out as evidence that people are moaners and that housing is affordable. The average isn't a useful metric for housing affordability as the bulk of earners are clustered +- a few % around the median and not the average (skewed as they are by the much lower numbers of high earners in the economy), the median is (inevitably) much lower than the average. Nobody is really worried about high earners' ability to put a roof over their head, that's inevitable in every economy. The choke point is in the around the middle value and below, as best represented by the median.

    The best figures appear to be the NERI ones, as they would represent the circumstances of most middle earners in the economy.


  • #950
    Irish_rat
    Registered Users, Registered Users 2 Posts: 2,567 ✭✭✭Irish_rat


    OP you need to save and upskill basically, it wont appear magically for you.

    Also coming from a home with low income I know the importance of saving. From my mid to late 20's went on multiple holidays, festivals and was out partying probably 4-5 nights a week as you do.

    Now though that has left the system I have a mortgage on my own in my 30's but the small savings every year helped along the way. I'm actually saving again as knocking off the big interest early would help.


  • #951
    GreeBo
    Registered Users, Registered Users 2 Posts: 27,253 ✭✭✭✭GreeBo


    A lot of "facts" being bandied about that are incorrect.

    The CSO does publish median salaries, what they dont publish are median household incomes by region.

    Comparing median or average incomes for the whole of Ireland when talking about buying in Dublin is pointless, why not include Jamaica while you are at it.

    Also, it wouldn't matter if Mr Zuckerburg was Tax resident in Ireland, the CSO excludes people like him.

    https://www.irishtimes.com/opinion/super-rich-or-super-angry-where-are-you-on-ireland-s-income-pyramid-1.2104861
    2015 IT Article wrote:
    This Central Statistics Office (CSO) data does not include many of the highest paid, eg many sole practitioners, doctors, accountants or solicitors in partnerships, nor the incomes – including gains made – of the very wealthy.

    The data also includes the 450,000 part-time workers and is based on an average working week of 32 hours. Full-timer workers on 36 hours would have average incomes of about €40,000.

    A more useful figure than the average would be median earnings – the amount earned by those right in the middle of all earners. The average is skewed upwards because a smaller number earn a great deal more than that earned by the majority of people.

    Median earnings are estimated at €28,500 last year for all those at work. So half of those at work – 964,000 people – earned less than €28,500 and half earned more. For full-time workers, median earnings were estimated at €32,000 in gross income


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