This is an archived release.
Rise in household income
From 2000 to 2010 median after-tax income of Norwegian household’s rose by 34 per cent in fixed prices. Elderly households had the strongest rise in income, while the young experienced the weakest income growth.
In 2010, median after-tax income among Norwegian households was NOK 411 000 - about 1 per cent higher than the previous year (in fixed prices).
Reduced employee income for younger households
Households consisting of singles younger than 45 years old increased their income by 14 per cent in real prices from 2000 to 2010, while couples where the oldest person is less than 45 years old had an increase of 21 per cent.
Elderly households, both singles and couples, had a substantially stronger increase in household income between 2000 and 2010. In fixed prices the median household after-tax income increased by 46 per cent and 51 per cent, respectively.
The weak growth in household income for the young can partly be explained by reduced income from employment. Average employee income for young singles fell from NOK 237 600 in 2009 to NOK 235 000 in 2010. An increasingly larger proportion of young singles are newly arrived immigrants.