Typical income for Irish house buyers rises by nearly 50% in a decade to €71,300 via IrishTimesBiz
The median income of those buying with a mortgage was €79,200 in 2021, up from €56,700 in 2012. Photograph: Tim Ireland/PA WireThe typical income of a home purchaser in Ireland has risen by almost 50 per cent since 2012. Figures released by the Central Statistics Office show the median income of property buyers here rose from €48,600 in 2012 to €71,300 by 2021, an increase of 46.6 per cent.
The median income of those buying with a mortgage was €79,200 in 2021 compared with €49,900 for buyers without a mortgage . The median is the middle point between the lowest and highest value mortgages. The CSO figures provide details about the age, income and prices paid by mortgage and non-mortgage buyers in each electoral area in 2021.
Dún Laoghaire-Rathdown was the local authority with the highest median income of buyers with a mortgage at €126,900, followed by Dublin city at €93,300. Longford was the region with the lowest median income of buyers with a mortgage at €56,000.