Key information about Norway Household Income per Capita

• Norway Annual Household Income per Capita reached 46,675.159 USD in Dec 2022, compared with the previous value of 51,753.964 USD in Dec 2021.
• Norway Annual Household Income per Capita data is updated yearly, available from Dec 2005 to Dec 2022, with an averaged value of 45,475.083 USD.
• The data reached an all-time high of 55,518.066 USD in Dec 2013 and a record low of 36,317.750 USD in Dec 2006.
• In the latest reports, Retail Sales of Norway dropped 2.439 % YoY in Sep 2023.

CEIC calculates Annual Household Income per Capita from annual Average Household Income, annual Number of Households and annual Total Population and converts it into USD. Statistics Norway 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.

In Norway, couples with children where the oldest child was 18 years or older had the highest average income after tax in 2022. Their median income amounted to roughly 1.2 million Norwegian kroner in 2022. By comparison, singles aged 65 years or more had the lowest mean income with just 311,700 kroner that year.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Norway, MI, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 16,848, while the mean income for the highest quintile (20% of households with the highest income) is 119,633. This indicates that the top earners earn 7 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 151,985, which is 127.04% higher compared to the highest quintile, and 902.10% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Norway median household income. You can refer the same here

Norway Average Household Income: After Tax Income data was reported at 571,600.000 NOK in 2016. This records a decrease from the previous number of 573,200.000 NOK for 2015. Norway Average Household Income: After Tax Income data is updated yearly, averaging 470,400.000 NOK from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 573,200.000 NOK in 2015 and a record low of 379,800.000 NOK in 2006. Norway Average Household Income: After Tax Income data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.H014: Average Household Income.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Norway: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..

Key observations

• Upon closer examination of the distribution of households among age brackets, it reveals that there are 30(2.39%) households where the householder is under 25 years old, 318(25.30%) households with a householder aged between 25 and 44 years, 483(38.42%) households with a householder aged between 45 and 64 years, and 426(33.89%) households where the householder is over 65 years old.
• The age group of 25 to 44 years exhibits the highest median household income, while the largest number of households falls within the 45 to 64 years bracket. This distribution hints at economic disparities within the city of Norway, showcasing varying income levels among different age demographics.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income brackets:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $100,000 to $124,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Household Income: This column showcases 16 income brackets ranging from Under $10,000 to $200,000+ ( As mentioned above).
• Under 25 years: The count of households led by a head of household under 25 years old with income within a specified income bracket.
• 25 to 44 years: The count of households led by a head of household 25 to 44 years old with income within a specified income bracket.
• 45 to 64 years: The count of households led by a head of household 45 to 64 years old with income within a specified income bracket.
• 65 years and over: The count of households led by a head of household 65 years and over old with income within a specified income bracket.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Norway median household income by age. You can refer the same here

Norway Average Household Income: IT: PI: Other Capital Incomes data was reported at 5,600.000 NOK in 2016. This records an increase from the previous number of 5,100.000 NOK for 2015. Norway Average Household Income: IT: PI: Other Capital Incomes data is updated yearly, averaging 4,600.000 NOK from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 6,300.000 NOK in 2005 and a record low of 3,600.000 NOK in 2009. Norway Average Household Income: IT: PI: Other Capital Incomes data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.H014: Average Household Income. Since 2014, deficit on rental of real estate outside of commercial activity is included in this component.

Norway Average Household Income: IT: Property Income (PI) data was reported at 41,400.000 NOK in 2016. This records a decrease from the previous number of 55,300.000 NOK for 2015. Norway Average Household Income: IT: Property Income (PI) data is updated yearly, averaging 34,450.000 NOK from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 67,400.000 NOK in 2005 and a record low of 23,600.000 NOK in 2009. Norway Average Household Income: IT: Property Income (PI) data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.H014: Average Household Income.

Norway Average Household Income: Number of Households data was reported at 2,429,057.000 Unit in 2016. This records an increase from the previous number of 2,401,944.000 Unit for 2015. Norway Average Household Income: Number of Households data is updated yearly, averaging 2,295,115.500 Unit from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 2,429,057.000 Unit in 2016 and a record low of 2,107,272.000 Unit in 2005. Norway Average Household Income: Number of Households data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.H014: Average Household Income.

Norway Average Household Income: incl Tax Income (IT) data was reported at 768,400.000 NOK in 2016. This records a decrease from the previous number of 771,000.000 NOK for 2015. Norway Average Household Income: incl Tax Income (IT) data is updated yearly, averaging 632,050.000 NOK from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 771,000.000 NOK in 2015 and a record low of 509,300.000 NOK in 2006. Norway Average Household Income: incl Tax Income (IT) data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.H014: Average Household Income.

Norway Average Household Income: IT: Transfers Received (TR) data was reported at 204,400.000 NOK in 2016. This records an increase from the previous number of 198,400.000 NOK for 2015. Norway Average Household Income: IT: Transfers Received (TR) data is updated yearly, averaging 161,550.000 NOK from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 204,400.000 NOK in 2016 and a record low of 109,800.000 NOK in 2005. Norway Average Household Income: IT: Transfers Received (TR) data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.H014: Average Household Income.

Norway Average Household Income: IT: TR: TF: Cash for Care data was reported at 600.000 NOK in 2016. This records a decrease from the previous number of 700.000 NOK for 2015. Norway Average Household Income: IT: TR: TF: Cash for Care data is updated yearly, averaging 650.000 NOK from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 1,400.000 NOK in 2005 and a record low of 500.000 NOK in 2013. Norway Average Household Income: IT: TR: TF: Cash for Care data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.H014: Average Household Income.

Norway Average Household Income: IT: TR: TF: Social Assistance data was reported at 2,500.000 NOK in 2016. This records an increase from the previous number of 2,400.000 NOK for 2015. Norway Average Household Income: IT: TR: TF: Social Assistance data is updated yearly, averaging 2,050.000 NOK from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 2,500.000 NOK in 2016 and a record low of 1,800.000 NOK in 2012. Norway Average Household Income: IT: TR: TF: Social Assistance data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.H014: Average Household Income.

Norway Average Household Income: IT: IW: Wage and Salaries data was reported at 490,700.000 NOK in 2016. This records an increase from the previous number of 486,300.000 NOK for 2015. Norway Average Household Income: IT: IW: Wage and Salaries data is updated yearly, averaging 410,700.000 NOK from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 490,700.000 NOK in 2016 and a record low of 322,600.000 NOK in 2005. Norway Average Household Income: IT: IW: Wage and Salaries data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.H014: Average Household Income.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Norway township. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Norway township. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in Norway township, the median household income stands at $100,313 for householders within the 45 to 64 years age group, followed by $94,489 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $56,944.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Norway township median household income by age. You can refer the same here

Disposable Personal Income in Norway increased to 365180 NOK Million in the first quarter of 2025 from 359006 NOK Million in the fourth quarter of 2024. This dataset provides - Norway Disposable Personal Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Norway Average Household Income: IT: TR: TF: Scholarships data was reported at 3,100.000 NOK in 2016. This stayed constant from the previous number of 3,100.000 NOK for 2015. Norway Average Household Income: IT: TR: TF: Scholarships data is updated yearly, averaging 3,100.000 NOK from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 3,300.000 NOK in 2011 and a record low of 2,900.000 NOK in 2008. Norway Average Household Income: IT: TR: TF: Scholarships data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.H014: Average Household Income.

Norway Average Household Income: AT: Negative Transfers data was reported at 4,500.000 NOK in 2016. This records an increase from the previous number of 4,400.000 NOK for 2015. Norway Average Household Income: AT: Negative Transfers data is updated yearly, averaging 3,950.000 NOK from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 4,500.000 NOK in 2016 and a record low of 3,300.000 NOK in 2006. Norway Average Household Income: AT: Negative Transfers data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.H014: Average Household Income. Negative transfers include paid child support managed by public arrangement, paid annuity and mandatory contribution to private pension plan.

Norway Average Household Income: AT: Assessed Taxed data was reported at 192,300.000 NOK in 2016. This records a decrease from the previous number of 193,300.000 NOK for 2015. Norway Average Household Income: AT: Assessed Taxed data is updated yearly, averaging 157,650.000 NOK from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 193,300.000 NOK in 2015 and a record low of 122,500.000 NOK in 2005. Norway Average Household Income: AT: Assessed Taxed data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.H014: Average Household Income.

Norway Average Household Income: IT: PI: Share Dividends Received data was reported at 24,200.000 NOK in 2016. This records a decrease from the previous number of 34,600.000 NOK for 2015. Norway Average Household Income: IT: PI: Share Dividends Received data is updated yearly, averaging 14,100.000 NOK from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 47,100.000 NOK in 2005 and a record low of 3,500.000 NOK in 2006. Norway Average Household Income: IT: PI: Share Dividends Received data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.H014: Average Household Income.

Norway Average Household Income: Less Assessed Taxed and Negative Transfers (AT) data was reported at 196,800.000 NOK in 2016. This records a decrease from the previous number of 197,700.000 NOK for 2015. Norway Average Household Income: Less Assessed Taxed and Negative Transfers (AT) data is updated yearly, averaging 161,650.000 NOK from Dec 2005 (Median) to 2016, with 12 observations. The data reached an all-time high of 197,700.000 NOK in 2015 and a record low of 125,800.000 NOK in 2005. Norway Average Household Income: Less Assessed Taxed and Negative Transfers (AT) data remains active status in CEIC and is reported by Statistics Norway. The data is categorized under Global Database’s Norway – Table NO.H014: Average Household Income.