Median income per household

This indicator shows the median total income per household in the Nordic region. Income is measured in euro after tax and other deductions that is available for spending or saving, divided by the number of household members. Household members are equivalised by weighting each according to their age, using the so-called modified OECD equivalence scale. Data is available fo different types of households: single person, single person with children, two adults, two or more adults with children. Median income is the amount which divides the income distribution into two equal groups, half having incomes above the median, half having incomes below the median. Data is available for Denmark, Finland, Iceland, Norway and Sweden. For more information on Nordic Statistics: https://www.nordicstatistics.org

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Keywords: median income, income, households