Key information about New Zealand Household Income per Capita

• New Zealand Annual Household Income per Capita reached 30,529.095 USD in Jun 2024, compared with the previous value of 28,969.713 USD in Jun 2023.
• New Zealand Annual Household Income per Capita data is updated yearly, available from Jun 2007 to Jun 2024, with an averaged value of 24,380.121 USD.
• The data reached an all-time high of 30,529.095 USD in Jun 2024 and a record low of 16,283.555 USD in Jun 2009.
• In the latest reports, Retail Sales of New Zealand grew 0.362 % YoY in Dec 2024.

CEIC calculates Annual Household Income per Capita from Average Household Income, Number of Households and Total Population and converts it into USD. Stats NZ provides Average Household Income in local currency, Number of Households and Total Population. Federal Reserve Board average market exchange rate is used for currency conversions.

New Zealand Median Annual Household Disposable Income data was reported at 86,257.000 NZD in 2024. This records an increase from the previous number of 81,945.000 NZD for 2023. New Zealand Median Annual Household Disposable Income data is updated yearly, averaging 60,369.000 NZD from Jun 2007 (Median) to 2024, with 18 observations. The data reached an all-time high of 86,257.000 NZD in 2024 and a record low of 43,113.000 NZD in 2007. New Zealand Median Annual Household Disposable Income data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.H026: Annual Household Income.

Wages in New Zealand increased to 42.85 NZD/Hour in the first quarter of 2025 from 42.64 NZD/Hour in the fourth quarter of 2024. This dataset provides - New Zealand Average Hourly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

New Zealand Average Annual Household Disposable Income data was reported at 104,567.000 NZD in 2024. This records an increase from the previous number of 98,878.000 NZD for 2023. New Zealand Average Annual Household Disposable Income data is updated yearly, averaging 72,209.000 NZD from Jun 2007 (Median) to 2024, with 18 observations. The data reached an all-time high of 104,567.000 NZD in 2024 and a record low of 51,330.000 NZD in 2007. New Zealand Average Annual Household Disposable Income data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.H026: Annual Household Income.

Adjusted net national income per capita (annual % growth) in New Zealand was reported at 2.4426 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. New Zealand - Adjusted net national income per capita (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

In 2019, Europeans in New Zealand earned a median of 1,060 New Zealand dollars per week from wages or salaries. In comparison, Pacific people earned around 920 New Zealand dollars per week.

New Zealand has one of the highest house price-to-income ratios in the world; nonetheless, since the first quarter of 2022, the country's house price-to-income ratio started to trend downward. In the third quarter of 2024, the ratio was 118, a slight decrease from the same quarter of the previous year. This ratio was calculated by dividing nominal house prices by nominal disposable income per head and is considered a measure of affordability. Homeownership dream New Zealand has been in what is widely considered a housing bubble. The disproportionately large increases in residential house prices have placed the dream of owning their own home out of reach for many in the country. In 2024, around 28 percent of residential properties were sold for over a million New Zealand dollars. The majority of mortgage lending in the country went to owner-occupiers where the property was not their first home, with first-home buyers often struggling to secure a loan. In general, only New Zealand residents and citizens can buy homes in the country to live in, with new regulations tightening investment activity in that market. Rent affordability Due to New Zealand's high property prices, many individuals and families are stuck renting for prolonged periods. However, with rent prices increasing across the country and the share of monthly income spent on rent trending upwards in tandem with a highly competitive rental market, renting is becoming a less appealing prospect for many. The Auckland and Bay of Plenty regions had the highest weekly rent prices across the country as of December 2024, with the Southland region recording the lowest rent prices per week.

Key information about New Zealand Monthly Earnings

• New Zealand Monthly Earnings stood at 3,902 USD in Dec 2024, compared with the previous figure of 3,962 USD in Sep 2024
• New Zealand Monthly Earnings data is updated quarterly, available from Mar 1989 to Dec 2024, with an average number of 2,275 USD
• The data reached the an all-time high of 3,962 USD in Sep 2024 and a record low of 1,117 USD in Dec 2000

CEIC calculates Monthly Earnings from Average Weekly Earnings multiplied by 4 and converts it into USD. Stats NZ provides Average Weekly Earnings in local currency. Federal Reserve Board average market exchange rate is used for currency conversions. Average Weekly Earnings are calculated by dividing earnings by the number of full-time equivalent employees, taking into account their hours of workload.


Further information about New Zealand Monthly Earnings

• In the latest reports, New Zealand Population reached 5 million people in Dec 2024
• Unemployment Rate of New Zealand increased to 5 % in Dec 2024
• The country's Labour Force Participation Rate increased to 71 % in Dec 2024

Wages in Manufacturing in New Zealand increased to 39.49 NZD/Hour in the first quarter of 2025 from 39.36 NZD/Hour in the fourth quarter of 2024. This dataset provides - New Zealand Total Quarterly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The latest data indicates that the average yearly salary in New Zealand is approximately NZD 65,000. This figure can vary significantly based on factors such as job role, experience level, and the specific industry of employment. The median monthly gross salary in New Zealand is estimated to be NZD 5,416, with variations depending on the region.

New Zealand Average Annual Household Gross Income data was reported at 134,599.000 NZD in 2024. This records an increase from the previous number of 126,370.000 NZD for 2023. New Zealand Average Annual Household Gross Income data is updated yearly, averaging 88,777.500 NZD from Jun 2007 (Median) to 2024, with 18 observations. The data reached an all-time high of 134,599.000 NZD in 2024 and a record low of 66,458.000 NZD in 2007. New Zealand Average Annual Household Gross Income data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.H026: Annual Household Income.

In 2024, the gender pay gap in New Zealand was 8.2 percent. This was a decrease from the previous year, where the gender pay gap stood at 8.5 percent.
Wage differences among New Zealanders The highest wage difference between in New Zealand in 2024, was found between male and female professionals, where the female worker earned almost 5 New Zealand dollars less than their male counterparts. Despite an increase in average hourly earnings between 2018 and 2024, the pay gap remained consistent, with male employees earning 43.44 New Zealand dollars per hour and female employees earning 39.34 New Zealand dollars as of June 2024. Women in the workplace Back in 2016, the female to male ratio in professional and technical work environments showed 1.25 female employees for every male employee. Since then, New Zealand’s female workforce has expanded dramatically, peaking to 1.4 million employees in the beginning of 2024. Moreover, a 2018 survey indicated that over one million women were quite satisfied with their main job.

Adjusted net national income per capita (current US$) in New Zealand was reported at 40518 USD in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. New Zealand - Adjusted net national income per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

The New Zealand Census of Population and Dwellings is the official count of how many people and dwellings there are in New Zealand. It provides a snapshot of our society at a point in time and helps to tell the story of its social and economic change. The 2023 Census, held on Tuesday 7 March, was the 35th New Zealand Census of Population and Dwellings. The first official census was run in 1851, and since 1877 there has been a census every five years, with only four exceptions.

In 2024, the median hourly earnings for women in New Zealand increased by 6.3 percent compared to the previous year. In the same year, the median hourly earnings for men increased at a similar rate, however, the gender pay gap still stood at over eight percent.

In the year ended March 2022, the gross national income per capita in New Zealand was approximately 68,272 New Zealand dollars. This value has increased steadily over the past decade.

The household economic survey (HES) is an annual survey designed to measure the economic wellbeing of New Zealanders. HES has three components: HES income, HES expenditure, and HES net worth. - HES income is the main vehicle, and it is run every year. It includes household income, housing costs, and material wellbeing – this is ‘core’ HES. - HES expenditure includes additional components – an expenditure diary and an expanded household expenditure questionnaire. It runs every three years. - HES net worth includes additional questions on household assets and liabilities. It also runs every three years.

The household economic survey (HES) is an annual survey designed to measure the economic wellbeing of New Zealanders. HES has three components: HES income, HES expenditure, and HES net worth. - HES income is the main vehicle, and it is run every year. It includes household income, housing costs, and material wellbeing – this is ‘core’ HES. - HES expenditure includes additional components – an expenditure diary and an expanded household expenditure questionnaire. It runs every three years. - HES net worth includes additional questions on household assets and liabilities. It also runs every three years.

New Zealand Average Annual Household Equivalised Disposable Income data was reported at 46,218.000 NZD in 2024. This records an increase from the previous number of 44,156.000 NZD for 2023. New Zealand Average Annual Household Equivalised Disposable Income data is updated yearly, averaging 32,513.500 NZD from Jun 2007 (Median) to 2024, with 18 observations. The data reached an all-time high of 46,218.000 NZD in 2024 and a record low of 24,526.000 NZD in 2008. New Zealand Average Annual Household Equivalised Disposable Income data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.H026: Annual Household Income.

Households Debt in New Zealand increased to 169 percent of gross income in 2024 from 168 percent in 2024. This dataset provides - New Zealand Households Debt To Income- actual values, historical data, forecast, chart, statistics, economic calendar and news.