Average Swiss household income reaches nearly 115,000 francs - News Summed Up

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Average Swiss household income reaches nearly 115,000 francs


The gross mean household income in Switzerland was CHF 114,984 (US$ 125,000) in 2019, according to the Federal Statistical Office (FSO). © Petrina Calabalic | Dreamstime.comOverall, 40% of households in Switzerland had income over this mean while 60% brought in less. 73% of this income came from working, 23% came from pensions, welfare and household transfers such as alimony, and 4% from investment income. 37% went on taxes, compulsory health insurance, other unavoidable insurance and household transfers such as alimony. At this point around 13% is left for a rainy day, amounting to average savings of CHF 14,784 a year.


Source: Le News November 27, 2021 05:08 UTC



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