Feb 14, 2011
Household median incomes increased in 2010: DOS
-- ST FILE PHOTO
HOUSEHOLD incomes got a strong boost last year in tandem with strong economic growth, a paper released by the Singapore Department of Statistics (DOS) showed.
Median monthly income from work among resident households increased by 3.1 per cent, from $4,850 in 2009 to $5,000 in 2010.
For employed households, or households with at least one working person, median monthly income from work increased from $5,400 in 2009 to $5,700 in 2010. Median monthly household income from work in 2010 recovered to above the level before the economic downturn in 2009.
Those living in smaller housing types saw larger growth in household incomes compared to those living in bigger housing types, the paper revealed. Increases in median household incomes across housing types ranged from 7 per cent for those in HDB one and two-room flats, 3.6 per cent in HDB three-room flats, 2.4 per cent in HDB four-room flats and larger, and 0.2 per cent for those in private properties.
The DOS paper added that various government schemes had added $1,110 per household member to resident households in 2010, which also gave a larger boost to those staying in smaller housing types.
Resident households in HDB one- and two-room flats received an average of $2,650 per household member while resident households in HDB three-room flats received an average of $1,480 per household member. This was higher than the $530 per household member for households in private properties.
The paper 'Key Household Income Trends, 2010' can be downloaded from the Department of Statistics' website at http://www.singstat.gov.sg
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