2024-04-05 11:24:01
At the bottom of the income scale, the most modest escape statistical measurement but we know that part of the population lives on only 200 or 300 euros per month, or even less. This is the case for the homeless, isolated and unemployed young people or undocumented migrants for example. At 560 euros per month, we find the RSA [1] and the specific solidarity allowance (ASS) paid to unemployed people at the end of their rights [2]. These social minimums are much lower than the poverty line which, set at 50% of the median standard of living, is 965 euros per month in 2021. The regulatory minimum wage (the minimum wage) is 1,390 euros net per month (on condition of working full-time), an amount at which add an activity bonus paid to low-income employees. Up to 1,530 euros of income per month, we belong to the popular categories, that is to say the most modest 30%.
The middle classes are between 1,530 and 2,787 euros per month for a single person, following taxes and social benefits. Standard of living [3] median [4] is 1,930 euros, close to the average salary of full-time workers.
The wealthy categories start with monthly incomes of 2,787 euros, still for a single person, i.e. the entry threshold for the highest 20% living standards. The Observatory of Fixed Inequalities the wealth threshold double the median standard of living, or 3,860 euros following taxes for a single person. But the scale of living standards climbs much higher, and concerns fewer and fewer people. From 4,417 euros per month, you enter the richest 5%. Then, you must receive at least 7,180 euros to belong to the top 1% (Insee 2019 data). Around 630,000 people are above this threshold, and sometimes well beyond it. In 2018 (latest year available), 0.1% of the population (i.e. one person in 1,000) earned more than 17,500 euros per month and 0.01% (i.e. one person in 10,000) had a monthly standard of living greater than 55,000 euros according to INSEE. Levels so high that we cannot represent them on our scale.
The income scale of the Observatory of Inequalities Unit: monthly euros |
|
---|---|
Amount for a single person | |
Minimum standard of living of the richest 1% | 7 180 |
Minimum standard of living of the richest 5% | 4 417 |
Wealth threshold | 3 860 |
Minimum standard of living of the richest 10% | 3 489 |
Boundary between the middle classes and the wealthy classes | 2 787 |
Median standard of living (50% of the population lives with less) | 1 930 |
Boundary between the working classes and the middle classes | 1 530 |
Net minimum wage | 1 390 |
Maximum standard of living of the poorest 10% | 1 024 |
Poverty line | 965 |
RSA* | 559 |
Monthly amount for a single person. Poverty threshold set at 50% of the median standard of living. Wealth threshold set at double the median standard of living. *Accommodation package deducted.
Lecture : the median standard of living is 1,930 euros per month.
Source : Insee and government – 2021 data for living standards and the poverty threshold. 2019 data for the richest 1% threshold. April 2024 data for the RSA and the minimum wage.
Orders of magnitude |
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Living standards, poverty and wealth thresholds consider income following taxes and social benefits, for a single person. The amounts of the net minimum wage and the RSA, on the other hand, are expressed before taxes and social benefits. Strictly speaking, to be able to really compare these amounts to living standards, housing allowances should be added in particular, which often supplement this income. Our scale therefore only aims to present the main income benchmarks in France and give orders of magnitude. |
Photo / Domaine public CC0
[1] The minimum income paid to people aged 25 to 65 who have no other resources. Its amount is 559 euros per month for a single person, taking into account the housing package deducted in the event of housing assistance.
[2] The Prime Minister announced in February 2024 the upcoming elimination of this allowance.
[3] Standard of living: total income following taxes and social benefits, for a single person.
[4] Median: which divides the population in two. Half earn more, the other half earn less.
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