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SINGAPORE \u2013 The share of families with monthly incomes of at least $30,000 has almost doubled in the past five years, with about one in seven households earning this amount in 2025.<\/p>\n
In 2025, 13.4 per cent of resident households have a monthly market income of $30,000 or more, up from 7.4 per cent in 2020.<\/p>\n
Market income refers to income from employment and non-employment sources, such as rental and investment earnings.<\/p>\n
According to the General Household Survey, which was released by the Department of Statistics on June 30, the proportion of resident households earning at least $12,000 a month rose from 38.2 per cent in 2020 to 51.6 per cent in 2025.<\/p>\n
The 135-page report covered a snapshot of trends across areas like marriage, income, education and housing.<\/p>\n
It noted that the share of resident households in the higher income brackets rose between 2020 and 2025, in line with rising median household market incomes.\u00a0\u00a0<\/p>\n
In 2025, the median household market income for resident households was $12,446 \u2013 the first time it crossed the $12,000 mark. It rose from $9,099 in 2020, which meant it rose by 3.2 per cent per annum after adjusting for inflation.\u00a0<\/p>\n
This $12,446 figure was first released in February in the Key Household Income Trends 2025 report.\u00a0<\/p>\n
The General Household Survey report stated that all three major ethnic groups saw their household market income rise in real terms, or after adjusting for inflation, between 2020 and 2025.<\/p>\n
Indian families saw the largest increase at 3.5 per cent per annum, followed by Chinese at 3.1 per cent. The rise for Malay families was 2.3 per cent.<\/p>\n
In 2025, the median household market income for Indians was $13,382 a month, $12,969 for Chinese and $8,581 for Malays.<\/p>\n
Employment remains the primary source of income for families in Singapore, comprising almost 80 per cent of their total income.<\/p>\n
Meanwhile, couples where both the husband and wife work are more common.<\/p>\n
In 2025, 56.6 per cent of married couples were dual-income families, up from 52.5 per cent in 2020.<\/p>\n
Over the same period, the share of households where only the husband was employed fell from 24.9 per cent in 2020 to 21 per cent in 2025.<\/p>\n
The share of married couples where only the wife was working remained stable. In 2025, this figure was 7.5 per cent, up marginally from 7.4 per cent in 2020.\u00a0<\/p>\n<\/div>\n
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SINGAPORE \u2013 The share of families with monthly incomes of at least $30,000 has almost doubled in the past five years, with about one in…<\/p>\n","protected":false},"author":1,"featured_media":64980,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-64979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/64979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64979"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/64979\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/64980"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}