Understanding the income and wealth distribution within a country provides valuable insights into its economic health and social structure. In this detailed report, we explore the income, net worth, and wealth distribution among Indian citizens, focusing on various professions, high-income earners, and how your income compares to the rest of the population.
Income and Net Worth by Profession
Income and net worth can vary significantly based on one's profession. Below is a breakdown of the mean and median income for various professions in India.
Profession-Wise Income Data
IT Professionals: Mean Income: ₹800,000, Median Income: ₹600,000
Doctors: Mean Income: ₹1,200,000, Median Income: ₹900,000
Teachers: Mean Income: ₹50,000, Median Income: ₹40,000
Government Employees: Mean Income: ₹60,000, Median Income: ₹50,000
Army Personnel: Mean Income: ₹70,000, Median Income: ₹60,000
Bankers: Mean Income: ₹100,000, Median Income: ₹80,000
Unskilled Labourers: Mean Income: ₹20,000, Median Income: ₹15,000
Business Owners: Mean Income: ₹150,000, Median Income: ₹100,000
Are You Rich? – Find Your Percentile
Wondering where you stand in terms of income and net worth compared to the rest of India? I have created an interactive tool that allows you to input your monthly income and net worth to see how you rank.
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High-Income Earners in India
High-income earners are a small fraction of the population. Let's look at how many people earn more than ₹1 crore annually and what percentage they represent of the total population.
High-Income Earner Statistics
Number of people earning more than ₹1 crore annually: 100,000
Percentage of total population: 0.0071%
Conclusion
This report highlights the diverse income and net worth distribution across various professions in India. It also provides an interactive way to see where you stand compared to the rest of the population. High-income earners represent a very small fraction of the population, emphasizing the income disparity within the country. Use this data to gain insights and make informed decisions about your financial status and where you stand and base your goals on that.