State statistics show Israeli household incomes increased in 2012

CBS survey: Average gross monthly income per household in Israel stood at NIS 16,577 in 2012, an increase of 3.8 % from the year before

Money Shekels bills 521 (photo credit: Courtesy)
Money Shekels bills 521
(photo credit: Courtesy)
The average gross monthly income per Israeli household, including all sources of income, stood at NIS 16,577 in 2012, an increase of 3.8 percent from the previous year, according to the Central Bureau of Statistics’ 2012 Household Expenditure Survey, released this week.
The data, collected over a sample of 8,742 households across the country, revealed that 77% of household income comes from employment, about 12% from benefits and allotments, and the rest from pensions.
According to CBS, housing represents about a quarter of the total household spending.
In the three poorest neighborhoods, the expenditure is generally higher than the income.
In the top decile of the wealthiest households, the monthly income is, on average, 1.5 times higher than the total expenditure.
The figures also showed that households headed by a company employee have an average net income of NIS 15,526 a month, while the average spending stands at NIS 11,633.
In a household headed by a self-employed person, they earn an average of NIS 16,602 and spend roughly NIS 13,572 per month.
In households headed by an unemployed person, the net monthly income stands at NIS 6,771 and expenditure at NIS 6,403.
In terms of ownership of durable goods, the CBS figures stated that as of 2012, 95% of households own at least one mobile phone; 27.2% have a home water-purification system and 20.3% own two or more cars.
In the top decile of Israel’s wealthiest, 47.9% of households own two or more cars.