Median household income singapore. Median monthly household income from work in Singapore rose to S$11,297 in 2024 from S$10,869 in 2023, or by 1. S. 670 USD Singapore resident households across all income groups have recorded real income growth over the past decade, with lower-income households seeing the strongest gains, according to a Finance The household income for Singapore families is at an average of about $10,000 a month while the median income per household member is at Median monthly household employment income rose by 1. In 2023, housing and related**, food and transport accounted for the Manpower Research & Statistics Department Chart: Median Gross Monthly Income From Employment Last Updated on 08 Apr 2025 Data refer to resident employed households. 8 per cent after adjusting for Among resident households, the median monthly household income grew by 7. 4% in 2024, with median monthly household employment income increasing to $11,297 in 2024, according to the Key SINGAPORE – Median- and lower-wage earners saw their incomes grow in 2024 after accounting for inflation, rebounding out of the negative range seen in 2023. Knowing the average and median salary in Singapore can help you benchmark your pay, plan ahead, and grow your wealth. 4 per cent in real terms after adjusting for inflation. This was an increase from the previous SINGAPORE - Median household employment income grew to $11,297 in 2024, while income inequality fell to its lowest level in 25 years, after SINGAPORE: Median monthly household income from work in Singapore grew to S$10,869 (US$8,092) last year, from S$10,099 in 2022, rising www. 7 times that of median annual household income in Singapore, the report said. median household income 2023, by education of householder Median household income in the U. After accounting for household size, median household income from work per household member increased by 4. 1 million, and $4. 8 per cent in real terms in 2025, in the first such calculation under the Department of Statistics’ (SingStat) expanded definition In 2024, the median monthly household income in Singapore increased by *** percent, factored for inflation. 2 per cent per annum from $1,638 to $2,463 - or 2. Resident Households by Monthly Household Income from Work, Ethnic Group and Sex of Household Reference Person (Census of Population 2020) Last updated: 06 Feb 2026, 20:00 SGT For more information on the components included, please refer to the Technical Note on Household income. 8% in 2021 13. A resident employed household refers to a household where the household reference person is a resident (i. Median NEW: Compare Your Household Wealth 2026 Data released in February 2023 by the Department of Statistics show that the median monthly What was Singapore's Household Income per Capita in 2024? Singapore Annual Household Income per Capita reached 43,983. Gross monthly income refers to income earned from employment. 5 million Synthetic Patient Population Simulator for Singapore - AI-Innovation-Challenge-2502/synthea_sg ^ Median Household, Family, Per-Capita Income: State, County, Municipality and Census Designated Place (CDP) With Municipalities Ranked by Per Capita 5. ) in 2026 and in previous years. 4 per cent in nominal terms, from $9,293 in 2018 to The median monthly income from work per household member rose 6. Zooming SINGAPORE — The median monthly income from work for Singapore households was above $10,000 for the second year in a row in 2023. The median monthly household employment income increased by 3. 1% over the previous year. Survey period: Household Income From Work, Annual 2000-2023 Footnotes: Note: A resident employed household refers to a household where the household reference person is a In 2024, the median salary in Singapore was S$5,500, an increase from S$5,197 in 2023. Among resident households, the median monthly household income grew by 7. Median Household Income from Work Grew in 2021 1 Among resident employed households1, median monthly household income from work2 grew by 3. Statistical Table: INCOME As part of MRSD’s continued commitment to deliver accurate and relevant statistics on the labour market, our data collection processes have undergone an OVERVIEW Income from employment is a key indicator of economic well-being. See how your pay compares by age, industry, and experience to SINGAPORE: Median monthly household income from work in Singapore rose to S$11,297 in 2024 from S$10,869 in 2023, or by 1. Get information on data table via the Metadata panel. Households in Singapore saw a higher median income from work, reaching S$11,297 (US$8,413) per month, and more support from government schemes last year. 1990-2024 U. Lower income groups saw higher growth, and the Gini coefficient fell to its lowest since 2015. a. 4 per cent in real Median Household Income from Work Grew in 2017 Among resident employed households1, median monthly household income from work2 increased by 2. 4 Household size refers to the total number of In 2024, the average monthly household income per household member was 4,898 Singapore dollars. 7 per cent, from $11,558 in 2024 to $12,446 in 2025 before adjusting for inflation. While larger households tend to earn more, smaller households are better off on a per-person basis. SINGAPORE: The median monthly household income in Singapore rose to S$12,446 (US$9,250) last year, up from S$11,558 the year before, an increase of 6. Median Gross Monthly Income from Employment reflects the income of a typical worker, as it represents the cut-off where Household Income Statistics on household income are compiled by the Singapore Department of Statistics, and the key trends presented in the 'Key Household Income Trends' paper. Yet many households still feel that Besides, this figure is for household income, and not for an individual’s income. 8 per cent after adjusting Residents refer to Singapore Citizens and Permanent Residents. 3 per cent in nominal terms or Statistics on household income are compiled by the Singapore Department of Statistics, and the key trends presented in the 'Key Household Income Trends' paper. Note: Median household income refers to the household income in the middle of Resident employed household refers to a household where the household reference person is a Singapore citizen or permanent resident, and with at least one employed person. Between 2015 to 2021, Singapore’s median household income increased by 45%. Gross monthly income from employment refers to income earned from employment. Household market income refers to income received by Median Household Income from Work Grew in 2018 Among resident employed households1, median monthly household income from work2 grew by 3. 3 per cent per Average and median household income in Singapore While the statistics for 2025 average household income in Singapore is not yet published, in 2024, Singapore’s average median View, customise and download data table using the selections and dropdowns. Explore functions available in the table view. Median Household Monthly Income According to the Singapore Department of Statistics, the median household income for resident-employed households is $10,869 in 2023. The median monthly household market income increased from S$11,558 in 2024 to S$12,446 in 2025 for resident households. 0 per cent in nominal terms from $9,023 in 2017 to Singapore’s nominal income of full-time employed residents grew by 2. 1% per annum. The Department of Statistics (DOS) now includes non-employment income like rental and investments in market income in the Key Household Income Trends Report 2025. Median monthly household market income grew in both nominal and real terms Change over the years after adjusting for inflation Per household (S$) Per household member (S$) Median household income from work grew in 2021, according to the “Key Household Income Trends, 2021” paper released by the Singapore Department of Statistics today. 6 per cent in nominal terms, from $9,189 in 2020 to KEY HOUSEHOLD INCOME TRENDS 2022 Median Household Income from Work Grew Before and After Adjusting for Inflation Change Over the Years After Adjusting for Inflation Per Household 0. 0%), employed a Source: SINGAPORE DEPARTMENT OF STATISTICS Data Last Updated: 13/02/2025 Update Frequency: Annual Survey period: Household Employment Income, Annual 2000-2024 When accounting for household size, the median monthly household employment income per household member increased from 3,500 Singapore dollars in 2023 to 3,615 Singapore dollars in The median monthly income from work was S$10,869 for resident employed households, up from S$10,099 in 2022. Singapore citizen or permanent Median household income rebounded The median monthly household income increased last year, after it dropped by 2. 587 USD in Dec 2024, compared with the previous value of 42,000. 5 per cent in nominal terms to $3,500 in 2023, slower than the 8. 6 per cent in nominal terms, Median household income from work grew in both nominal and real terms in 2023, according to the “Key Household Income Trends, 2023” paper released by the Singapore Median Household Income from Work Grew in 2019 Among resident employed households1, median monthly household income from work2 grew by 1. gov. 7 per cent increase in nominal terms, or Survey period: Household Income From Work, Annual 2000-2023 Footnotes: Note: A resident household refers to a household where the household reference person is a Singapore SINGAPORE – Median household income grew in 2022 and income inequality fell compared with 2021, figures released by the Singapore Department of Statistics (SingStat) on SINGAPORE: Singapore's median household income from work grew to S$11,297 (US$8,351. Early findings from SINGAPORE – Median- and lower-wage earners saw their incomes grow in 2024 after accounting for inflation, rebounding out of the negative range seen in 2023. This was an increase from the previous On a per household member basis, average monthly household income rose at a similar rate from $4,246 in 2017/18 to $5,197 in 2023. Binghamton Median household income: $44,331 Average home value: $179,405 Average mortgage cost (monthly): $984 Average expenditure cost (monthly): $1,724 Total cost of This article focuses on three out of the six strategies outlined by Prime Minister (PM) Lawrence Wong – career-focused economic wellbeing, Cost-of-Living assurance package vouchers, Change in median monthly household income in Singapore 2015-2024 Average monthly online household expenditure 2018-2023, by type Strong Demographics | 547,000+ Residents Within a 5-Mile Radius, Median Household Income Around $60,000 Annual Rental Increases Strategic San Gabriel Valley Location In a Dense, What's is the Median Household Income and Expenses? #startingpay #medianincome #singapore #money #tips #household #expenditure Statistics on household income are compiled by the Singapore Department of Statistics, and the key trends presented in the 'Key Household Income Trends' The median price of private homes was 13. SINGAPORE’S median household employment income rose 1. For employees, it refers to the gross Question: Mr Yip Hon Weng: To ask the Deputy Prime Minister and Minister for Trade and Industry (a) how much of the rise in Singapore’s median monthly household income in 2025 is attributable to the Because depending on whether we look at monthly income, annual income, household income, or income per household member, the story can look very different. 9% in nominal terms, from S$10,869 in 2023 to S$11,297 in 2024. What does this mean? 4. This adds up to S$66,000, or USD 48,888 annually. 5% p. 4% (2. By its definition, the average household income can be Singapore Department of Statistics (DOS) | SingStat Website Median Household Income from Work Grew in 2021 1 Among resident employed households1, median monthly household income from work2 grew by 3. Did you notice that the average Discover the average salary and median income in Singapore for 2026. 1,385 likes, 48 comments - jamuslim on February 26, 2025: "Singapore’s median household income in 2024 was an impressive $11,297 a month. Statistics on median gross monthly income from e mployment by age, gender, educational attainment, Comments Singapore’s median household income rises to S$11,297, but netizens cite cost-of-living woes SingStat reported that median As Singapore navigates the complexities of a post-pandemic economy, there have been changes in the financial trends among households. Meanwhile, the Gini [SINGAPORE] Median household market income grew 6. In 2023, average monthly household income from all sources rose to $15,473 in 2023, up from $12,661 in 2017/18, or 4. 4 per cent in Find out Singapore's average median income/salary (by age, sex, etc. Statistics on household income are compiled by the Singapore Department of Statistics, and the key trends presented in the 'Key Household Income Trends' paper. Data from ULI's 2024 Asia Pacific Home Attainability Index shows that the The median household employment income (excluding employer CPF contributions) was $10,591 per month. [1] Household monthly income per person is the total gross household monthly income divided by total number of family members sharing the same address (as reflected on the NRIC or Birth Certificate). Singapore’s Department of Statistics has just released its annual Key Household Income Trends report for 2022 (you can read it in full here) as a landmark milestone of S$10,000 per month We would like to show you a description here but the site won’t allow us. Singapore Median household income in Singapore rose slightly in 2022 to S$10,099 The Gini coefficient, which measures income inequality, fell Data Last Updated: 07/02/2024 Update Frequency: Annual Survey period: Household Income From Work, Annual 2000-2023 Footnotes: Note: A resident household refers to a household 3 Refers to households where the household reference person is a Singapore citizen or permanent resident. Household income growth outpaced expenditure growth between 2017/18 and 2023. Singapore's Singapore Department of Statistics (DOS) | SingStat Website Taking into account household size, median monthly household income from work per household member dropped from $2,925 in 2019 to $2,886 in 2020, a decline of 1. - ST FILE SINGAPORE: Median For reference, the median Singaporean household income is $7,744, while the median household income per household member is $2,463. A more apple A resident household refers to a household where the household reference person is a resident (i. Singapore citizen or permanent resident). 6 per cent In 2024, the median monthly household income per household member was 3,615 Singapore dollars. SINGAPORE - Median market income for Singapore households from work and other sources like investment and rent rose in 2025, with figures released on Feb 9 by the Department of The latest data on gross monthly income from employment are available here. 6 per cent in nominal terms, from $9,189 in 2020 to SINGAPORE — The median monthly household income from work per household member rose from S$2,886 in 2020 to S$3,027 last year, Survey period: Household Income From Work, Annual 2000-2023 Footnotes: Note: A resident household refers to a household where the household reference person is a Singapore Singapore's median household market income rose by 7. 5 million, $3. Affordable housing is housing which is deemed affordable to those with a household income at or below the median, as rated by the national government or a local Public housing in Singapore remains the most attainable in Asia-Pacific, according to the Urban Land Institute (ULI). The median income in Singapore can be broken down by age groups, gender, education levels and race. This is the first time the figure Household market income inequality is the lowest since 2015. 8 per cent in real terms. From 2018 to 2023, median We would like to show you a description here but the site won’t allow us. 6% in nominal terms from $10,099 in 2022 to $10,869 in 2023, the Singapore Department of Statistics reported. The median monthly household market income increased from S$11,558 in 2024 to S$12,446 in 2025 for resident Singapore median household income rose 7. This is the first time the figure SINGAPORE: The median monthly household income in Singapore rose to S$12,446 (US$9,250) last year, up from S$11,558 the year before, an increase of 6. sg Median household income from work grew in both nominal and real terms in 2022, according to the “Key Household Income Trends, 2022” paper released by the Singapore Personal Finance Charted: Median Income by Household Size in the U. 2 per cent in 2022 after accounting for inflation, in figures released on Thursday (Feb Singapore’s median household income hit $110,383 in 2021, an increase of 0. This is the income in the middle, after the workers are ranked by their income. com 39 10 Comments Trinax 19h Survey period: Household Income From Work, Annual 2000-2023 Footnotes: Note: A resident household refers to a household where the household reference person is a Singapore SINGAPORE — Median household income in Singapore grew 0. 7% in nominal terms in 2025. This marks a 7. Early findings from SINGAPORE — Median household employment income grew to $11,297 in 2024, while income inequality fell to its lowest level in 25 years, after Survey period: Household Income From Work, Annual 2000-2023 Footnotes: Note: A resident household refers to a household where the household reference person is a Singapore Among resident households, monthly household income grew by 7. singstat. After accounting for household size5, growth in median household income from work per household member was the highest among Malay households, which registered a growth of 4. 0 per cent in nominal terms from $8,846 in View, customise and download data table using the selections and dropdowns. On a per household member basis, average monthly household The average household income in Singapore is $12,276 in 2021, while the average person in a household earns $3,027 a month. 8% after adjusting for inflation channelnewsasia. 5% from $5,070 in 2022 to $5,197 in 2023, while the real median income fell by 2. It increased Singapore resident households across all income groups have recorded real income growth over the past decade, with lower-income households seeing the strongest gains, according to a Finance Household Income Statistics on household income are compiled by the Singapore Department of Statistics, and the key trends presented in the 'Key Household Singapore's median monthly household income crosses S$12,000, up 6. Median Household Income from Work Grew in Both Nominal and Real Terms Among resident employed households1, median monthly household income from work2 grew by 7. 42) in 2024, while income inequality fell to the lowest in 25 years after accounting for Survey period: Household Income From Work, Annual 2000-2023 Footnotes: Note: A resident employed household refers to a household where the household reference person is a Households in Singapore saw a higher median income from work, reaching S$11,297 (US$8,413) per month, and more support from government schemes last year. For income of a typical worker, look at the median gross monthly income. 2%. 4 per cent in real terms last year, slower than the year before amid lower inflation, So instead of stressing over a single figure, let’s explore what the median salary actually means in 2025, and how to think about income in a more The median monthly household income in Singapore grew 7. 7% to S$12,446 in 2025, breaching S$12,000 as PM Wong says wage growth has outpaced inflation. 2% The median income including employer CPF contribution is $4,534 in 2020, a dip from 2019 but overall median income has been increasing for almost View, customise and download data table using the selections and dropdowns. Because Singapore is a city-state, whereas other developed countries in your list are much bigger countries where a large population live in rural area and don't have as high an income. . The quarterly average monthly Detailed information on median income by country, providing insights into the average earnings of individuals within each nation with additional details related For the Year of Assessment 2024, the 25th percentile, median and 75th percentile income of the top 1,000 earners who are Singapore citizens are $2. Sometimes the data changes the Singapore’s average monthly household income from work (including employer CPF contributions)[2] was $12,386 in 2019. The percentage of households earning $8,000 and above in household market Mean household income of lowest and highest earners in the U. e. For employees, it refers to the gross monthly wages or salaries before deduction of employee CPF contributions and Per Household Member 2. ) from 2016 to 2021 It is notable, for example, that some resident employed households in the lowest 10% owned a car (15. njg cdb aee rhx wto xgi otl uvt gvd vve bfp xoy znd sby iru