Income Analysis of the Netherlands 2023: Average Salaries, and Wealthiest Regions (2024)

Income analysis is a crucial aspect of understanding the economic landscape of any country. Here, we delve into the income statistics of the Netherlands based on the most recent data from 2023. This analysis provides insights into average income levels, net salaries, and identifies the wealthiest municipalities in the country.For more detailed information, refer to the comprehensive Netherlands Demographics and Income dataset provided by Geolocet.

Total Number of Retired and Employed Individuals

The data reveals that the total number of retired individuals in the Netherlands is approximately 3,408,218, while the total number of employed individuals stands at about 7,133,645. These figures provide a demographic overview of the working and retired populations.

Average Income in the Netherlands

The average personal income in the Netherlands stands at €40,352.67. This figure represents the mean income earned by individuals across various regions and employment statuses.

Median Income of Employed Individuals

The median income of employed individuals is €43,214.85. This value represents the midpoint of the income distribution, meaning half of the employed population earns more and half earns less than this amount.

Average Net Salary in the Netherlands

For employed individuals, the average net salary is notably higher, at €51,440.36. This indicates the earnings after taxes and other deductions, reflecting the disposable income available to working citizens.

Understanding Mean vs. Median Income

The mean (average) income is calculated by dividing the total income of all individuals by the number of individuals. It is a useful measure but can be skewed by extremely high or low values. For example, a few very high incomes can raise the average significantly.

In contrast, the median income is the middle value in an ordered list of incomes. It is a better indicator of the typical income, as it is not affected by extreme values. In this context, while the average net salary is €51,440.36, the median income of employed individuals is €43,214.85, highlighting that a smaller number of very high incomes are raising the mean value.

Richest Municipalities in the Netherlands

Examining the average personal incomes across various municipalities provides a deeper understanding of the economic landscape in the Netherlands. This analysis identifies the regions with the highest and lowest average personal incomes.

Municipalities with the Highest Average Personal Income

The top 10 municipalities with the highest average personal income are:

  1. Wassenaar: €69,102.60
  2. Bloemendaal: €68,473.65
  3. Laren (NH.): €68,084.10
  4. Blaricum: €65,465.40
  5. Heemstede: €60,393.90
  6. Gooise Meren: €58,653.00
  7. Oegstgeest: €58,083.90
  8. Amstelveen: €55,738.20
  9. De Bilt: €51,270.45
  10. Ouder-Amstel: €51,072.00

These municipalities represent areas with significantly higher average personal incomes. Such high-income levels could be attributed to the presence of high-paying jobs, affluent residential areas, and overall better economic opportunities.

Income Analysis of the Netherlands 2023: Average Salaries, and Wealthiest Regions (1)

Municipalities with the Lowest Average Personal Income

On the other hand, the bottom 10 municipalities with the lowest average personal income are:

  1. Pekela: €25,083.75
  2. Veendam: €25,301.45
  3. Stadskanaal: €25,452.10
  4. Delfzijl: €25,556.90
  5. Appingedam: €25,697.55
  6. Het Hogeland: €25,828.80
  7. Oldambt: €25,961.25
  8. Hulst: €26,080.90
  9. Sluis: €26,194.15
  10. Terneuzen: €26,301.60

These municipalities show significantly lower average personal incomes, which may reflect economic challenges such as lower-paying jobs, higher unemployment rates, or fewer economic opportunities.

The disparity in average personal incomes across various municipalities in the Netherlands highlights the economic diversity within the country. Municipalities like Wassenaar and Bloemendaal have much higher average personal incomes, indicating regions of affluence and prosperity. In contrast, municipalities such as Pekela and Veendam display lower average personal incomes, suggesting areas that may benefit from targeted economic development and support.

For detailed demographic and income data, consider purchasing the full Demographics and Income dataset for the municipalities of the Netherlands from Geolocet.

Average Income of Retired Individuals

Retired individuals in the Netherlands have an average personal income of €29,960.63. This reflects the pension and other income sources available to the retired population.

Income Analysis of the Netherlands 2023: Average Salaries, and Wealthiest Regions (2)

Municipalities with the Highest Average Income for Retired Individuals

The top 5municipalities with the highest average personal income for retired individuals are as follows:

  1. Bloemendaal: €45,930.90
  2. Laren (NH.): €45,678.00
  3. Wassenaar: €45,314.55
  4. Heemstede: €39,806.40
  5. Blaricum: €39,796.95

These municipalities are characterized by higher average incomes among retired individuals, indicating that retirees in these regions have better financial resources, potentially due to higher pensions or savings accumulated during their working years.

Municipalities with the Lowest Average Income for Retired Individuals

Conversely, the bottom5 municipalities with the lowest average personal income for retired individuals are:

  1. Pekela: €23,210.65
  2. Veendam: €23,315.80
  3. Stadskanaal: €23,452.75
  4. Delfzijl: €23,556.30
  5. Appingedam: €23,697.40

These regions exhibit lower average incomes among retired individuals, which may reflect lower lifetime earnings, smaller pensions, or fewer financial resources available to the elderly population.

The analysis of the average income of retired individuals reveals significant regional disparities in the Netherlands. Municipalities like Bloemendaal and Laren (NH.) have much higher average incomes for retirees, indicating a wealthier retired population. In contrast, areas such as Pekela and Veendam show considerably lower average incomes for retired individuals, highlighting the economic challenges faced by retirees in these regions.

The correlation between the top and bottom municipalities by average personal income and average income of retired individuals reveals a consistent economic pattern within regions. Affluent municipalities tend to provide a higher standard of living across both working and retired populations, while less affluent municipalities face economic challenges that affect all demographics.For detailed data, refer to the Geolocet dataset.

Conclusion

The income data for the Netherlands in 2023 highlights a diverse economic landscape, with significant variations across different regions. While the national averages provide a general overview, the wealthiest municipalities demonstrate the presence of affluent areas with markedly higher incomes. This analysis underscores the importance of regional economic policies and the potential for targeted financial strategies to address income disparities.

For more detailed demographic and income data, refer to the comprehensive Dutch income and demographics dataset provided by Geolocet. ​

Income Analysis of the Netherlands 2023: Average Salaries, and Wealthiest Regions (2024)

FAQs

What is a good salary in the Netherlands in 2023? ›

In 2023, the average salary in the Netherlands stands at €2,855 per month before taxes, with a net income of approximately €2,152 after deductions. However, individual salaries can significantly deviate from this average depending on factors such as occupation, education, experience, and location.

What is the income of the top 10% in the Netherlands? ›

Average yearly income Netherlands 2022, by income group

The highest ten percent of earners in the Netherlands earned on average 142.6 thousand euros per year, around 125.1 thousand euros higher than the lowest 50 percent.

What is the Netherlands biggest source of income? ›

This statistic shows the distribution of the gross domestic product (GDP) across economic sectors in the Netherlands from 2012 to 2022. In 2022, agriculture contributed around 1.5 percent to the GDP of the Netherlands, 19.51 percent came from the industry and 68.68 percent from the service sector.

What is the per capita income in the Netherlands in 2023? ›

The Gross Domestic Product per capita in Netherlands was last recorded at 50100.19 US dollars in 2023. The GDP per Capita in Netherlands is equivalent to 397 percent of the world's average.

Is 100k a good salary in the Netherlands? ›

If you earn a combined income of € 100k Euro a year you are both earning 25% above the national average, which normally would provide you with a comfortable but not extravagant lifestyle, but here is the kicker. The Netherlands is facing real estate shortage, due to failing housing policies, immigrat…

How much money do you need to live comfortably in the Netherlands? ›

The cost of living in the Netherlands can vary depending on the city and lifestyle. On average, a single person may spend around €800-€1,200 per month on accommodation, food, transport, and other expenses. Students can expect to live comfortably in the Netherlands with a monthly budget of INR 86,000 (€952).

Which region is the richest in Netherlands? ›

This statistic displays the top 10 of the richest municipalities in the Netherlands in 2021. Bloemendaal was the richest municipality in the country that year. Around 29.7 percent of households in Bloemendaal had one million euros worth in wealth or more.

What is considered rich in the Netherlands? ›

The rich are defined as those with with a minimum of €500,000 of disposable assets. A full 39% of repondents said they had inherited all or part of their wealth. Another 31% derived their money from their own businesses. This number advanced to 37% for those with more than €1m of discretionary assets.

Why is the Dutch so rich? ›

The Netherlands has had steady natural gas resources since 1959, when a wellspring was discovered. Currently the Netherlands accounts for more than 25% of all natural gas reserves in the European Union. Over the following decades, the sale of natural gas generated a significant rise in revenue for the Netherlands.

Is Germany or the Netherlands richer? ›

Although the Netherlands is a small nation, it also has a robust economy, with a focus on international trade, finance, agriculture and high-tech industries. As of 2021, the gross average annual salary in Germany was 43,700 euros per year vs 51,000 euros per annum in the Netherlands.

What is the Netherlands' main industry? ›

The Netherlands has a market economy, but the state traditionally has been a significant participant in such fields as transportation, resource extraction, and heavy industry.

What is the wealth per capita in the Netherlands? ›

After adjustment for price level differences between EU countries, Dutch GDP per capita stood at over 45 thousand euros in 2022. With this correction, the Netherlands still ranks fourth within the EU.

What is a good salary in the Netherlands in 2024? ›

In 2024, the gross average salary in the Netherlands is €44,000 annually (or €3,666 monthly), including holiday pay.

What is considered a high salary in 2023? ›

According to the IRS, any household who makes over $500,000 a year in 2023 is considered a top 1% income earner. Of course, some parts of the country require a higher income level to be in the top 1% income, e.g. Connecticut at $580,000.

Is 80k a good salary in the Netherlands? ›

However , a salary of 80k € in Eindhoven is considered a very good salary , as it is significantly higher than the national average .

Is 70,000 euros a good salary in Amsterdam? ›

For a single individual, EUR 70,000 gross salary is a very high one even in Amsterdam (note the spelling), placing the individual in top 5% of workers. On the other hand, if this is supposed to support 2 adults (and 2 kids), it is really EUR 35,000 per adult which is close to the average.

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