There are roughly 400,000 households (3.3% of all households) in South Africa with a total monthly households income of R30,000 or more. (Income and Expenditure Survey 2005/6)
This week’s theme: Households, Houses and Homes
Related facts:
- Big spenders People with a per capita income of R20 or less per...
- Rich man, poor man The top 10% of households earn more than 50% of all...
- Spend Around half of the households in South Africa have a per...
- Eating into the budget Households in the lowest income decile spend 32.8% of household consumption...
- Bonded 12% of households say they own but have not fully paid...
No way! I find that so hard to believe! Surely there are more than that? (Although I guess you are only taking declared income into consideration!
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Well this statistic is from 2005/6 so thats 5 years off the mark. it would be very interesting to see this in real relevant terms.
SA clearly doesn’t have a middle class at all!!