Interesting Facts About New Zealand «Case Study

Interesting Facts About New Zealand

Median annual household income was $57,947 in 2007/08, up 3.9 percent from 2006/07.
Median annual personal wage and salary income for those receiving income from this source was $35,000 (up 2.9 percent from 2006/07).
Median weekly expenditure on housing costs rose from $130 in 2006/07, to $156 in 2007/08 (up 20.1 percent).
For those making mortgage payments, median weekly mortgage payments rose from $256 to $328 (up 27.8 percent) between 2006/07 and 2007/08.
In 2007/08, 28 percent of New Zealand households with a mortgage paid over $500 per week in mortgage payments (18 percent in 2006/07).
For households making rent payments, median weekly household expenditure on rent was $225, up from $210 in 2006/07 (up 7.1 percent).