The average annual household equivalised income (after housing costs) in New Zealand was $39,583 in the year ending June 2021, a 5.7% increase from the previous year.
The average gross annual household income in New Zealand increased from $117,408 in the year ending June 2020 to $126,411 in the year ending June 2021, a 7.7% rise.
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Despite the increase in average incomes, the proportion of households that said their income was 'not enough' or 'only just enough' grew from 32.2% to 36.1% in the year ending June 2022.
The median annual household income in New Zealand was $99,011 in 2023, up from $96,467 in 2022, indicating a widening gap between mean and median incomes.
Regional differences in median household income are significant, with some regions having notably higher incomes than others.
Household income and housing-cost statistics show that the proportion of income spent on housing costs increased from 20.79% to 22.32% in the year ending June 2023.
Income from Superannuation increased by 87% in the year ending June 2021, while income from other regular sources, including overseas income, increased by 793% in the same period.
Compared to the year ending June 2020, the average household equivalised disposable income after housing costs increased by 6.7% in Auckland in the year ending June 2021.
For every $100 of their disposable income in the year ending June 2023, Aotearoa households spent an average of $22.32 on housing costs, up 7.4% from the previous year.
The annual average household equivalised disposable income for disabled people was $40,001, compared to $47,775 for the total population.
Using income quintiles, the population is ranked by household equivalised disposable income from lowest to highest and then divided by the total population into five equal groups.
The median annual household income in New Zealand's Regional Councils ranged from around $90,000 to $140,000 in 2023.
The mean annual household gross income in New Zealand increased from $87,688 in 2007 to $126,411 in 2023, while the median income rose from $66,458 to $99,011 over the same period.
The average self-employment income in New Zealand was $180 in 1998, while the average government transfer income was $111 in the same year.
The number of households in New Zealand increased from 910,000 in 1998 to an estimated figure in 2024, reflecting population growth and changes in household composition.
The average annual household gross income data for New Zealand has been reported yearly since 2007, with the most recent high of $126,411 recorded in 2023.
The average annual household gross income in New Zealand has fluctuated over the past decade and a half, with the lowest value of $66,458 reported in 2007.
Household income in New Zealand is influenced by factors such as employment status, industry, and regional variations, leading to diverse income distribution patterns across the country.
The proportion of children living in households with less than 50% of the median household income (before housing costs) in New Zealand has decreased from a high of around 300,000 in the late 2000s to around 200,000 in recent years.
Ongoing research and data collection by Statistics New Zealand provide valuable insights into the evolving trends and dynamics of household income and expenditure patterns in the country.