The government recently released new figures related to household income. As of June 2009 there were approximately 48 million households in Japan, each with an average 2.62 members. The average income per household was ¥5.475 million, which is ¥87,000 lower than the average in 2007. Household income in Japan peaked in 1994 at ¥6.642 million.
In terms of an aging society, there were 9.623 million households whose members were either all over 65 or a mix of over 65 and under 18. The average income of these households in 2008 was ¥2.98 million. Overall, 61.5 percent of the households earned below the average income, and 19.4 percent of these earned less than ¥2 million. About 58% of the respondents of a related survey said that “life is difficult,” the first time since 1986 that that answer represented the majority of Japanese. (more…)