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Household Net Worth Statistics: Year ended June 2015
Embargoed until 10:45am  –  28 June 2016
Key facts

For the year ended June 2015:

  • The median total net worth of New Zealand households was $289,000.
  • Household wealth in New Zealand was concentrated in the top 20 percent of New Zealand households, which held about 70 percent of total household net worth.
  • Owner-occupied dwellings, and investments in shares and other equity, each accounted for about 30 percent of a household’s total assets.
  • The individual net worth of New Zealanders increased with age. Young people (15–24 years) had the lowest median individual net worth ($1,000) and older people (65+) had the highest ($288,000).
  • The European population had a higher net worth than other ethnic groups ($114,000). This compared with $23,000 for people of Māori ethnicity, $12,000 for Pacific people, and $33,000 for the Asian ethnic group. 

 

 

Authorised by Liz MacPherson, Government Statistician
ISSN 2463-6274
28 June 2016 

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