Income Report Shows Tel Aviv, Center, ‘Richer’

YERUSHALAYIM -

Israeli households earned on average NIS 18,329 ($4,723) per month before taxes in 2015, the Central Bureau of Statistics (CBS) reported on Tuesday.

Households on average spend NIS 14,510 per month, the report said. Most of the NIS 3,800 balance goes towards pension savings and income tax, which are deducted at source for the majority of Israeli workers.

Families with children earned 130 percent of the median figure on average, but spent 30 percent more on household expenses as well. Families with more than three children earned less per capita. In such families 85.9 percent of household income came from work and 9.4% of household income came from government assistance programs. In families with one or two children, 88.3 percent of income came from work, compared to 7.6 percent from government assistance programs, the CBS said. Those figures were based on tax figures for 2014.

The 2014 figures also show that residents of the Tel Aviv area, who constitute 40.9 percent of Israel’s population, earned 57.8 percent of the country’s income – indicating that salaries were higher there and lower in peripheral areas, the CBS said. In Tel Aviv itself, the average monthly salary per working individual is NIS 11,855, NIS 2,800 more than in the rest of the country.

Residents of the south earned the least per capita – constituting 14.4 percent of the population, but earning only 9.2 percent of the nation’s income. In the north, those figures were 16.8 percent and 9.5 percent.