The median, or mid-point, net wealth of Irish households was €193,100 in 2020, according to the Central Statistics Office in its Household Finance and Consumption Survey published today.

Net wealth is defined as the value of assets minus debts.

The median net worth for households who are homeowners was €303,900, while for renters it stood at €5,300.

The median value of main residences owned by households was €260,000.

Median net worth varied across the country with the East and Mid-East region, which includes Dublin, at €223,000, the Southern region at €181,000 and the Northern and Western region at €173,000.

The top 10% of households had net worth of at least €788,400. The bottom 10% of households, by contrast, had net wealth of less than €600.

Today's CSO figures also show that 68% of all households had some form of debt, with the median value equal to €25,000.

Households with mortgages had a median Loan-to-Value ratio of 45.2%. Just 4% of households in 2020 were recorded as being in negative equity.

The CSO said that 97% of households were recorded as having some form of financial assets, which would include money in deposit accounts as well as shares and investments. The median value of these assets was €13,300.

The CSO said its 2020 Survey uses data from the Central Credit Register, so is not comparable to earlier surveys.

The CSO said in a statement that it is currently revising the data in the 2018 survey to incorporate data from the Credit Register.



The CSO said its 2020 Survey uses data from the Central Credit Register, so is not comparable to earlier surveys.

The CSO said in a statement that it is currently revising the data in the 2018 survey to incorporate data from the Credit Register.