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Insee Finds France’s Highest Incomes Soared and Shifted Toward Capital as Paris Region Dominates

The statistical office identifies capital income as the key driver of gains at the very top.

Overview

  • Between 2003 and 2022, the average income of very high‑income households rose 119% to about €1 million, far outpacing the 46% increase for others, with sharp volatility for the top 0.1% during the financial crises and the post‑Covid rebound.
  • Entry into the very high‑income group was set at roughly €463,000 in 2022, and 48% of such households lived in Île‑de‑France, chiefly in Paris and Hauts‑de‑Seine.
  • Top households drew a much smaller share from labor in 2022 (38%) and a larger share from capital income (47%), with notable contributions from independent professions such as doctors, dentists and legal services.
  • In 2023, 1% of private‑sector posts paid more than €10,219 net per month and the top 0.1% at least €27,066, with the 100 highest‑paid posts including 36% professional footballers and being dominated by men over 50; these posts were more stable year to year than average jobs.
  • Despite paying €10.7 billion in income tax in 2022 (13% of receipts), the very top saw their average effective rate fall to 25.7% from 29.2% in 2003, and in 2021 about 1.6 million households combined top‑decile wealth and living standards with most reporting an inheritance.