Upper Middle Class Income Ireland
The ratio of the median income of upper income households to that of lower income households in 2010 was 5 70 in the u s.
Upper middle class income ireland. Don t waste your time looking for a link between his income and the limited edition 1980 mercedes 380 sl he drives at the weekend. S wiss bank credit suisse which made the assessment also ranked ireland among the world s 10 fastest wealth growing. The relationship between income inequality and the middle class share reflects the income distribution in a country. Working class pay a bit of tax the middle class pay a lot of tax and then the upper class pay little tax.
According to eu survey data the top 10 per cent of households had 23 5 per cent of all income while the bottom 10 per cent had only 3 1 per cent of all income in 2012. Map 1 2 household median gross income by ed 2016. Over half of all adults in ireland are middle class now. Half of all adults in ireland are middle class according to a banking giant.
Malahide highest income town. And 4 97 in spain. It characterized the middle class as having a reasonable amount of discretionary income. As part of their work the authors categorised households based on income in 2011 and estimated that 53 of households were either upper middle class or middle income class.
So middle class in ireland aren t so much different from the working class in terms of wealth other than they may buy their own house and try to send their kids to private school. Households in malahide had the highest median income 78 631 of all 41 towns in ireland with a population of 10 000 or over excluding the cities and suburbs of dublin cork limerick galway and waterford in 2016. Middle class have their name on their desk and the upper class have their name on the building.