The analysis of family assets represents a fundamental aspect for understanding the economic situation of a country.
In this context, the data collected by the Bank of Italy, second the statistics of the European System of Central Banks (SEBC), they provide valuable information on average disposable income, the average net worth and indebtedness to financial intermediaries of households in Italy.
The subdivision of this data based on age group allows us to delve deeper into the differences existing in the assets of Italian families at different stages of life.
Age range
| Age range (years) | Average disposable income (euro) | Average net worth (euro) | Average debt to financial intermediaries (euro) |
|---|---|---|---|
| 34 and under | 32.279 | 210.101 | 151.700 |
| 35-44 | 40.589 | 237.429 | 152.757 |
| 45-54 | 46.500 | 385.938 | 222.895 |
| 55-64 | 48.587 | 502.590 | 273.674 |
| Beyond 64 | 31.479 | 294.439 | 214.385 |
The table shows the average disposable income, il average net worth and theaverage debt towards financial intermediaries of families in Italy divided by age group. The average disposable income represents the amount of money that families have available for expenses, after paying taxes and other financial obligations.
For example, family units aged less than or equal to 34 years have an average disposable income of 32.279 euro. Average net worth represents the value of all assets owned by a household minus the value of all debts it owes.
On the other hand, families aged between 35 e 44 years have an average net worth of 237.429 euro. The average indebtedness to financial intermediaries represents the amount of money that households owe to banks, credit unions and other financial institutions.
In the end, families aged between 45 e 54 years have an average debt to financial intermediaries of 222.895 euro.
Educational level
| Educational level | Average disposable income (euro) | Average net worth (euro) | Average debt to financial intermediaries (euro) |
|---|---|---|---|
| Middle school certificate or lower | 26.494 | 194.759 | 145.732 |
| High school diploma | 41.426 | 354.291 | 234.415 |
| Degree or higher qualification | 79.044 | 810.322 | 436.957 |
The table shows the average disposable income, the average net worth and average indebtedness to financial intermediaries of households in Italy divided by level of education.
For example, households with a middle school diploma or less have an average disposable income of 26.494 euro, an average net worth of 194.759 euros and an average debt of 145.732 euro.
Households with a bachelor's degree or higher have an average disposable income of 79.044 euro, an average net worth of 810.322 euros and an average debt of 436.957 euro.
Work condition
| Work condition | Average disposable income (euro) | Average net worth (euro) | Average debt to financial intermediaries (euro) |
|---|---|---|---|
| Employee | 41.279 | 237.971 | 170.803 |
| Self employed | 70.963 | 933.061 | 618.590 |
| Retired | 28.961 | 236.649 | 198.711 |
| Not busy | 12.301 | 110.580 | 72.023 |
The table shows the average disposable income, the average net worth and average indebtedness to financial intermediaries of households in Italy divided by employment situation.
For example, families with employed jobs have an average disposable income of 41.279 euro, an average net worth of 237.971 euros and an average debt of 170.803 euro.
Self-employed workers have an average disposable income of 70.963 euro, an average net worth of 933.061 euros and an average debt of 618.590 euro. Retirees have an average disposable income of 28.961 euro, an average net worth of 236.649 euros and an average debt of 198.711 euro.
Non-employed households have an average disposable income of 12.301 euro, an average net worth of 110.580 euros and an average debt of 72.023 euro.
country of birth
| country of birth | Average disposable income (euro) | Average net worth (euro) | Average debt to financial intermediaries (euro) |
|---|---|---|---|
| Italia | 39.943 | 350.852 | 224.183 |
| Other | 28.026 | 155.965 | 97.127 |
The table shows the average disposable income, the average net worth and average indebtedness to financial intermediaries of households in Italy divided by country of birth.
For example, Italian citizenship families have an average disposable income of 39.943 euro, an average net worth of 350.852 euros and an average debt of 224.183 euro.
Families of different citizenships have an average disposable income of 28.026 euro, an average net worth of 155.965 euros and an average debt of 97.127 euro.
Geographic location
| Geographic location | Average disposable income (euro) | Average net worth (euro) | Average debt to financial intermediaries (euro) |
|---|---|---|---|
| Central-North | 45.418 | 419.292 | 257.091 |
| South and Islands | 27.448 | 187.812 | 130.576 |
The table shows the average disposable income, the average net worth and average indebtedness to financial intermediaries of households in Italy divided by geographical location.
For example, families residing in the Centre-North have an average disposable income of 45.418 euro, an average net worth of 419.292 euros and an average debt of 257.091 euro.
Households residing in the South and on the Islands have an average disposable income of 27.448 euro, an average net worth of 187.812 euros and an average debt of 130.576 euro.
Source: Survey on household income and assets – Bank of Italy (PDF)
How many millionaires are there in Italy?
According to Global Wealth Report 2023, published by Credit Suisse AG, in Italy there would be approximately 1.335.000 (o 1,335 mila) millionaires – that is, who have a net worth exceeding one million US dollars.
The Italian community of the FIRE movement (Financial Independence, Retire Early) to stop working and retire young.