The “extremely high value by international standards” is driven by high real estate prices, according to the Banque centrale du Luxembourg’s Luxembourg Household Finance and Consumption Survey, which was released on Thursday.

In comparison, average household total net worth in the US is about €425,000, €229,300 in France and €140,000 in Germany.

While averages include the highest and lowest reported numbers, more representative figures for a typical family living in Luxembourg might be median total net wealth, €403,000, and median gross income, €64,660.

The report said that nearly two-thirds of gross household income was earned from employment salary. About a third of households in the Grand Duchy received a pension income, which was an average of €43,800, and “41% of Luxembourg households receive an estimated average of about €8,600 in social transfers.”

The BCL survey found that the average income for the full-time self-employed was about €150,000.

“Luxembourg households with a savings account hold on average almost €40,000 in their savings account,” while “the mean wealth invested in mutual funds is €95,000.”

The average total debt of Luxembourg households is about €78,400, of which approximately €74,000 is mortgage debt.

“The average household in Luxembourg consists of 2.48 individuals, has 0.58 children with an age of below 18 years and in 60% of cases is headed by a male,” the central bank report noted.

It also said that “on average, total gross income of Luxembourg national and foreign households do not seem to differ significantly. This cannot be said for total net wealth and net real wealth, which, on average, is more than double as high for Luxembourg households than for foreign households.”

 “Luxembourg is the European country with the highest share of immigrants,” noting that 62% of households are headed by a Luxembourg national and 38% by someone with a foreign passport.

The various figures published in the report cover the years from 2009 to 2011.