Published: 10 April 2013

No change in the income levels of persons living in owner-occupied and rented dwellings in 2011

The income differential between people living in owner-occupied and rented dwellings remained unchanged in 2011. The median for disposable monetary income per the household's consumption unit was EUR 24,006 for those living in owner-occupied dwellings and EUR 16,245 for those living in rented dwellings in 2011. The incomes were of the same magnitude as one year earlier. The median income for all households was EUR 21,534 in 2011. These data derive from Statistics Finland’s income distribution statistics.

Households' real income and real income excluding housing costs in 1990-2011, income concept; the household's disposable monetary income per consumption unit, median

Households' real income and real income excluding housing costs in 1990-2011, income concept; the household's disposable monetary income per consumption unit, median
Time series data for housing costs since 2002.

The income of households living in owner-occupied dwellings has developed almost continuously more favourably than the income of households living in rented dwellings since the mid-1990s. From 1995 to 2011, the median for equivalent disposable income of households or disposable income of households calculated per consumption unit, grew, in real terms, by 45 per cent for households living in owner-occupied dwellings and by 25 per cent for those living in rented dwellings. In 2011, the income did not grow for either group.

The housing costs for households were, on average, 18.2 per cent of disposable monetary income in 2011. For households living in owner-occupied dwellings the average income share of housing costs was 14.1 per cent in 2011. The share was higher than in the previous year when it was 13.3 per cent. For households living in rented dwellings the income share of housing costs remained, however, almost unchanged. It was 26.7 per cent on average in 2011, three-tenths of one per cent higher than one year earlier. Of households living in owner-occupied dwellings, for 3.1 per cent and for 12.6 per cent of households living in rented dwellings the income share of housing costs exceeded 40 per cent. Of all households, 6.1 per cent had housing costs of this magnitude. The amount increased from the year before (5.5 per cent in 2010).

The income level of those living in rented dwellings was 67.7 per cent of the level of those living in owner-occupied dwellings in 2011 measured by the median of the groups. After paying the housing costs, the median of disposable monetary income calculated per the household's consumption unit was EUR 11,008 for those living in rented dwellings, which was 53.1 per cent of the median income of those living in owner-occupied dwellings (EUR 20,741) in 2011. In 2010, the income level of those living in rented dwellings was 52.3 per cent of the income level of those living in owner-occupied dwellings.


Source: Income Distribution Statistics, Statistics Finland

Inquiries: Marie Reijo 09 1734 2547, toimeentulo.tilastokeskus@stat.fi

Director in charge: Riitta Harala

Tables

Tables in databases


Updated 10.4.2013

Referencing instructions:

Official Statistics of Finland (OSF): Income distribution statistics [e-publication].
ISSN=1799-1331. Income, housing and housing expenditure 2011. Helsinki: Statistics Finland [referred: 23.9.2019].
Access method: http://www.stat.fi/til/tjt/2011/04/tjt_2011_04_2013-04-10_tie_001_en.html