New figures have revealed that the amount of money people in Clare are earning still hasn’t reached high point of the economic boom.
The CSO’s household income data, which covers 2008 to 2017, has revealed an interesting insight into earnings which give an indication as to how Clare’s economy is performing.
As of the end of 2017, the average income per person in Clare was €25,848 per year.
This figure recovered strongly from the low of around €22,200 in 2011 but has yet to reach the 2008 pre-recession figure of just shy of €27,000.
In terms of disposable income, the average figure for this county is €18,756 – this being around €2,000 less than the Midwest figure of €20,623, which itself is just €100 shy of the nationwide average.
Overall, the CSO data has revealed that the total household income for all of county Clare in 2017 sat at €3.1 billion, which is the lowest figure in the Midwest region.
Meanwhile, Dublin’s dominance continues to be felt in terms of incomes, with those living in the capital having around 15% more disposable income on average than any other area in the county.
