Finland Times

Households where a person under the age of 25 is responsible for the primary livelihood had the weakest income development.

In 2014, the disposable median income in this age group was nearly six per cent lower than in 2010, according to the statistics.

In the age group of persons aged 25 to 34, income declined by two per cent and of persons aged 35 to 44 by one and a half per cent over the same time period.

For the whole country, households' equivalent median income was good one per cent lower in real terms in 2014 than in 2010.

Pensioner households fared best in the recent recession years, as the ongoing recession did not affect their income as strongly as that of younger households.

In the age group of persons 75 or older, real income in 2014 was nearly six per cent higher than in 2010.

In the age group of persons aged 65 to 74, income grew by 3.5 per cent over the same time period.

Even though the income development of pensioners had been more favourable in recent years than in other age groups, their income was clearly lower than that of working-age people.

The equivalent median income of households aged 75 or older was only EUR 17,000 in 2014. The median income of households aged 65 to 74 was EUR 20,600.

In the younger age group (aged under 25), households' income level was lower than that of pensioners. In this group, the equivalent median income was only EUR 13,600.

Households, whose reference person is aged 45 to 54 had the highest income. The equivalent median income that considers the size and structural differences of households in the group was EUR 26,400 in 2014.