Household incomes have risen across the board, recovering from the dips seen last year. This is according to the latest Household Income & Expenditure data released by the Singapore Department of Statistics.
Households in the highest decile – the 91st to 100th percentiles – earn an average of $23,684 per month.
To compare your household with the rest, enter your monthly household income:
8 Comments
Does household income includes CPF??
Copied from the Singstat report:
“Household income from work refers to the sum of income received by all working members of the
household from employment and business but excludes the income of maids”
I would interpret it as gross monthly income of all family members before CPF deduction.
Wow..even when my personal income at the selected age group is at 90%+…my family income is only at the 70% mark…not so good…this meant that 30% of our population has a combined income of 10K or more?
Is the “monthly hh income” derived by taking the annual and divide by 12 or just the plain monthly hh income?
“Household income” from work refers to the sum of income received by all working members of the
household from employment and business but excludes the income of maids. It’s not clear from the report whether it’s taking annual and divide by 12, but I suspect they use the monthly gross.