Dun Laoghaire-Rathdown has wealthiest households with 85,000-euro average income
The median gross household income in the area was 84,991 euro, according to CSO figures for 2022.
This compared with Longford, which had the lowest in Leinster at 47,217 euro.
The local election area with the highest household income was Stillorgan at almost 100,000 euro, followed by Blackrock at 94,381.
We need your consent to load this Social Media content. We use a number of different Social Media outlets to manage extra content that can set cookies on your device and collect data about your activity.
The figures came in the CSO's Geographical Profiles of Income in Ireland for 2022.
By local authority and province, Dun Laoghaire-Rathdown had the highest median gross household income in Leinster, while Longford had the lowest.
In Munster, Cork County had the highest median gross household income at 60,906 euro, while Kerry had the lowest at 48,320.
The highest median gross household income by local authority in Connacht was in Galway County at 59,895 euro, and the lowest was in Leitrim at 45,267.
In Ulster, the highest median gross household income was in Cavan at 52,321 euro, while Donegal had the lowest at 42,497.
The local election areas with the highest median gross household income were Stillorgan at 99,352 euro, Blackrock at 94,381, Pembroke at 92,341, Glencullen-Sandyford at 92,431, and Ratoath in Meath with 88,796. The lowest was Ballymun-Finglas at 53,184 euro.
The three towns with the highest median gross household income were in Leinster: Malahide in Dublin with 97,168 euro, Ratoath in Meath at 96,273, and Donabate in Dublin at 95,871.
Bearna in Galway was fourth highest in the state, and the highest in Connacht, with a median gross income of 90,881 euro.
The town with the highest median gross household income in Munster was Annacotty in Limerick (90,182 euro), while in in Ulster it was Kingscourt in Cavan (54,739).
Lifford in Donegal had the lowest median gross household of 31,959 euro.
Just under half of households in Ireland had a gross household income of less than 60,000 euro in 2022, increasing to almost two-thirds in Donegal and falling to just over a third in Dun Laoghaire-Rathdown.
At the upper end of the income distribution, 4.3% of households had a gross income of 200,000 euro or above, decreasing to 1% in Donegal and rising to 14.6% in Dun Laoghaire-Rathdown.
Eva O'Regan, statistician in the Income, Consumption and Wealth (ICW) division, said: 'This release, published as a CSO Frontier Series Output, produces household income statistics using administrative data.
'Estimates are provided at multiple levels of geography, including by county, administrative county (local authority), local electoral area (LEA) and electoral division.
'It is worth noting that administrative data is pseudonymised prior to any statistical analysis taking place to protect the privacy of individuals.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Guardian
13 hours ago
- The Guardian
What does the change to the winter fuel payment mean?
After months of speculation the government has announced that it will reinstate the winter fuel payment to most pensioners in England and Wales. Under the new rules, any pensioner with an income of up to £35,000 a year will be eligible for the full allowance, while anyone on more will have to pay back their share. The payment is worth £200 a year to households where both pensioners are aged under 80 years old, and £300 if there is a person aged 80 or over. A pensioner aged 85 who lives alone will get £300, as will a couple of the same age. The new system will mean these payments are made automatically to those receiving a state pension. There will be no need to claim the money. No. The threshold applies to individuals, not households. A couple who qualify for a £200-a-year payment will get £100 each. If one has an income of more than £35,000 a year and the other does not, the higher earner will have £100 clawed back while the other one is allowed to keep the money. In a couple where one person is aged 80, they will receive £200 and the other will receive £100. The person over 80 will repay £200 if their income is more than £35,000. This will create some quirks. A single pensioner, living alone, will repay the full £200 or £300 if their income is more than £35,000, while a couple with an income of £69,000 would keep all the money. Two households with the same incomes and one person aged over 80 could have to repay different sums depending on whether it is the older or younger person who receives more than £35,000. For most pensioners, money will be taken through the pensioner's tax code and applied to their income the next year. Those who already file a tax return for other reasons may find it is added to it, but it is not yet clear if that will be the case. The same is true when someone dies. The government says it will not make families do a return or pursue them for the winter fuel payment. However, if they have to do a return for someone who has died for other reasons, it is not clear if they will have to declare the payment. There is a potential for problems if someone retires part-way through a tax year and earns more than £35,000 because they are still getting their salary, then drops well below that the next year – they will be faced with repaying the payment when they are on a lower income. No. The new means-testing will take into account income only, not savings or the value of any property. A person with £1m in the bank would still qualify for the payment with an income less than £35,000. The Scottish government gives out a pension-age winter heating payment. Last winter this was restricted to only those people who qualified for one of a handful of benefits including pension credit. This will change next winter, and the payment will be given more widely. Northern Ireland has a winter fuel payment and seems likely to move in line with England and Wales.
Telegraph
16 hours ago
- Telegraph
What the winter fuel payment changes mean for you
Will you miss out on winter fuel payment because your income is just above £35,000? Get in touch: money@ Rachel Reeves has U-turned on her controversial winter fuel payment plan, which saw the money removed from all but the poorest pensioners. The Chancellor had restricted the previously universal payments to just those receiving pension credit, removing the money from an estimated 10 million pensioners. From this winter, those over state pension age with an annual income of less than £35,000 will be able to benefit from the payment – the Treasury says this will include more than three quarters of pensioners in England and Wales. Those under the age of 80 can expect £200 per household, while those over the age of 80 can get an extra £100. However, those earning more than £35,000 will pay back the money to HM Revenue and Customs through their tax bills. Mrs Reeves said: 'Targeting winter fuel payments was a tough decision, but the right decision because of the inheritance we had been left by the previous government. It is also right that we continue to means-test this payment so that it is targeted and fair, rather than restoring eligibility to everyone including the wealthiest. 'But we have now acted to expand the eligibility of the winter fuel payment so no pensioner on a lower income will miss out. This will mean over three quarters of pensioners receiving the payment in England and Wales later this winter.' The Government estimates that the new iteration will still save £450m a year, compared to restoring the payment to every pensioner, since there are an estimated two million pensioners with incomes above £35,000. The clawback mechanism is similar to the high income child benefit charge, which sees families on more than £60,000 hand back some, or all, of their child benefit payments. Here, Telegraph Money explains what the new winter fuel payment rules mean for you. What has changed? Rachel Reeves announced last summer that she was removing the £200 winter fuel payment from pensioners who were not in receipt of pension credit, as she looked to fill holes in the public purse. But this proved deeply controversial, as millions of pensioners missed out, with many struggling to cover high energy prices. The change also drove a huge surge in applications for the pension credit, with 285,600 pensioners applying between July last year and the end of May, an increase of 51pc. This saw delays of as long as 87 days for those waiting to be approved for the benefit. Campaign groups said that restricting eligibility to those receiving pension credit made some of the very poorest pensioners worse off, as many were just above the threshold for the benefit. The Government has now changed its mind. According to the latest announcement, this winter will see all pensioners over state pension age paid the £200 or £300 – but those who are not eligible to keep it will pay it back to HMRC. The annual income threshold has been set at £35,000. This means that nine million pensioners will receive the payment this year, compared to approximately 1.5 million last year. It is not clear whether the threshold will be increased annually with inflation, or linked to increases in the so-called 'triple lock', which sees the state pension increased by one of three measures each year. How to claim? Pensioners will not need to actively claim the payment, as it will be made automatically – but it will be possible to opt out. There will be no need to register with HMRC to receive the payment. Pensioners will be eligible if they have reached state pension age – currently 66 – by the qualifying week, which this year will be September 15 to September 21. How will it be paid back if I earn more than £35,000? If you earn more than £35,000, the payment will be clawed back through your tax bills. The Government says this will be done through the PAYE system, or via self-assessment. Sir Steve Webb said that for those with large company pensions, which are taxed through PAYE, this should be relatively easy for the Government to administer. If you earn over the threshold, the entire payment will be claimed back through your tax bills, with no taper. Is winter fuel allowance per person or household? Confusingly, the winter fuel payment is paid per household, but the earnings clawback is calculated individually. This means that a household will receive no more than £300 (for those over the age of 80), but each person's income is used to determine whether their half of the payment is removed via tax. I live alone. What happens if I earn just over £35,000? While someone who lives alone will be paid the full £200, or £300 if they're over 80, having an income of over £35,000 would mean the full winter fuel payment is taken back via tax. For those earning just over the threshold of £35,000, it might be worth considering reducing what you're taking from a pension pot. Alice Haine, of Bestinvest, said: 'Ultimately, for pensioners earning just above the £35,000 threshold, the latest news will be disappointing. Some may even choose to reduce their income from private pensions if it means they can just skim under the threshold to receive the payment.' What happens if I earn more than £35,000 but my spouse doesn't? If one pensioner in a household earns more than the threshold and the other doesn't, then £100 will be clawed back by HMRC from the higher earner. This is because the allowance is paid on a household level, so if there are two pensioners living in the same home, then it is split equally between them. This means that households where one pensioner earns £100,000 and the other earns £34,000, would receive £100 in winter fuel payment. The other £100 would be paid back through the tax system. Can I get the winter fuel payment if I am a millionaire? You could technically be a millionaire and keep the winter fuel payment if your income is less than £35,000. Even if a pensioner is asset rich, with a large home or pension pot, if their annual income for tax purposes is below the threshold, they will still be permitted to keep the payment. Sarah Coles, of Hargreaves Lansdown, said: 'The balance of property assets and pension income for older people can leave them wealthy on paper, and yet seriously strapped for cash on a daily basis. In the short term, things like the winter fuel payment can help.' Some millionaires don't believe they should receive the payments at all. Digby Harper, 79, a retired manufacturing company owner, said that he would not have the winter fuel payment restored, having sold his business for several million pounds when he retired. He said: 'As far as I am concerned, it's perfectly ok. I can't see why they gave me that money in the first place. I just don't need it. 'My wife used to describe it as her 'wine allowance'. I think it's a trivial issue. It's a big political issue but it's a nonsense.' How much do I get if I am over 80? Those over the age of 80 receive an additional £100 in winter fuel payment. For single pensioners, or households where both people are over 80, this would mean a payment of £300. In households with one pensioner under the age of 80 and one over, payments will be made of £100 and £150 respectively, sources at the DWP confirmed. This means that a total of £250 will be paid to mixed-age households. If either pensioner is over the income threshold, then their share would be clawed back. If both pensioners earn over the threshold, all £250 would be clawed back. Can I opt out? Pensioners will be able to opt out of receiving the payment at all, if they so choose. For those earning more than £35,000, this means that no additional money will be claimed by HMRC. More details about how pensioners can opt out will be announced by the Government at a later date. This is similar to how parents can opt out of receiving child benefit payments, if they earn over the threshold and would have to repay it. Opting out of child benefit can be done using an online form on the Government website, or by phone or post. As of August last year, more than 712,000 families had opted out of receiving child benefit payments.
Telegraph
18 hours ago
- Telegraph
Pensioners on over £35k denied winter fuel payments
Pensioners with an income of more than £35,000 will be forced to hand back winter fuel payments under plans announced by Rachel Reeves. The Chancellor previously removed winter fuel payments from all but the poorest pensioners - those with incomes of less than £11,500. On Monday she confirmed a U-turn on the policy. Now, pensioners in England and Wales whose income is below £35,000 a year will be entitled to the payment. It means that around nine million pensioners will get the annual payment of up to £300 this winter. However, around a quarter will still not be entitled to the payment. Those earning over £35,000 will receive the payment but will have to return it via PAYE or their tax returns. The payment had been given to every pensioner in England and Wales - more than 12 million - until last year when Labour took office. Sir Keir Starmer had signalled his intention to reverse the policy last month after a bruising set of local election results which saw Labour MPs blame the policy for council defeats.
