Living Conditions Survey (LCS) Income Average net annual income (2009) per person and per consumption unit, by educational level attained (persons aged 16 years old and over). Units: Average income (euros) Average income per person Average income per consumption unit Average income per person (with imputed rent) Average income per consumption unit (with imputed rent) Total 10,098 14,857 11,896 17,370 Primary education or lower 8,027 11,301 10,130 14,078 First stage secondary education 8,450 12,700 10,037 15,000 Second stage secondary education 10,320 15,463 11,925 17,772 Higher education 13,964 20,649 15,772 23,229 No data recorded 10,444 16,091 12,122 18,530 Notes: 1) ~'average net annual income per person and per consumption unit (2009),Average income per person (with imputed rent)'~The definition of household income includes imputed rent. Imputed rent is applied to those households that do not pay complete rent, due to being the owners or due to occupying a rented dwelling at a price that is lower than the market price or free of charge. The value that is imputed is the equivalent of the rent that would be paid on the market for a dwelling that is similar to that being occupied, less any rent actually paid. Likewise, a deduction is made, from the total household income, of the interest from the loans applied for, for the purchase of the main dwelling. 1) ~'average net annual income per person and per consumption unit (2009),Average income per consumption unit (with imputed rent)'~The definition of household income includes imputed rent. Imputed rent is applied to those households that do not pay complete rent, due to being the owners or due to occupying a rented dwelling at a price that is lower than the market price or free of charge. The value that is imputed is the equivalent of the rent that would be paid on the market for a dwelling that is similar to that being occupied, less any rent actually paid. Likewise, a deduction is made, from the total household income, of the interest from the loans applied for, for the purchase of the main dwelling. 1) Primary education or lower: Includes illiterate persons First stage secondary education: Includes equivalent vocational training and insertion Second stage secondary education: Includes equivalent vocational training and insertion (including that requiring a second stage secondary education degree) Higher education: Includes equivalent vocational training and insertion The income per person is obtained, for each household, by dividing the total household income by the number of members of said household. The income per consumption unit is obtained, for each household, by dividing the total household income by the number of consumption units. This uses the distribution of persons. Source: National Statistics Institute