Median Household Income in Singapore is $8,290
Median Household Income in Singapore is $8,290
According to the latest report by the Singapore department of Statistics (SingStat), the Median household income in Singapore in 2014 was $8,290, a 5.3% increase from the year before.
In 2013, the Median household income was $7,879. After taking into account inflation which was 1.2% last year, the real income growth was about 4.1%.
When dividing up the stats in terms of income per member of the household, the stats were $2,380 in 2014 compared to $2,247 in 2013, a Real increase of 4.7%.
The report from the government’s statistics arm found that overall, the resident households in Singapore received up to an average $3,370 per household member in government payouts from various schemes in 2014, slightly lower than in 2013 when $3,650 was handed out.
Resident households Include those headed by a Singapore Citizen or Permanent Resident with at least one working member.
Those in 1 and 2 room HDB flats received the most government transfers with $9,030 per household member being distributed.
Government transfers include subsidies for healthcare, education, GST vouchers and more.
According to the latest report by the Singapore department of Statistics (SingStat), the Median household income in Singapore in 2014 was $8,290, a 5.3% increase from the year before.
In 2013, the Median household income was $7,879. After taking into account inflation which was 1.2% last year, the real income growth was about 4.1%.
When dividing up the stats in terms of income per member of the household, the stats were $2,380 in 2014 compared to $2,247 in 2013, a Real increase of 4.7%.
The report from the government’s statistics arm found that overall, the resident households in Singapore received up to an average $3,370 per household member in government payouts from various schemes in 2014, slightly lower than in 2013 when $3,650 was handed out.
Resident households Include those headed by a Singapore Citizen or Permanent Resident with at least one working member.
Those in 1 and 2 room HDB flats received the most government transfers with $9,030 per household member being distributed.
Government transfers include subsidies for healthcare, education, GST vouchers and more.
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