< Back to all clusters
[BUSINESS] · Austria, Bosnia & Herzegovina · 2 sources

started · updated

Austria wage statistics reveal income thresholds and labor market trends

Recent income statistics in Austria provide insight into the country's wage distribution. According to income tax analysis, a gross monthly salary of approximately 2,909 euros is considered average. To be classified among better-paid workers, an individual must earn roughly 3,427 euros gross per month. Those earning more than 5,051 euros fall into the top 20 percent, while the top 10 percent requires a gross monthly income of at least 5,879 euros.

The highest earners include managers and highly specialized professionals. The top 1 percent of earners receive more than 12,551 euros gross per month, which equates to an annual gross income exceeding 175,700 euros based on 14 annual payments.

For workers considering migration, such as those from Bosnia and Herzegovina, the financial benefit of moving to Austria depends on the balance between higher wages and increased living costs, particularly housing. Statistics Austria reports a median monthly net income of 2,711 euros for 2024. While Austria maintains a demand for qualified labor in specific deficit occupations, non-EU workers may need to qualify for the Red-White-Red Card to obtain residency and work permits.

Entities

Austria · Bosnia and Herzegovina · Statistik Austria