14 Feb '11, 4am

Household median incomes among resident households rose 3.1%, from $4,850 in 2009 to $5,000 in 2010: DOS

Household median incomes among resident households rose 3.1%, from $4,850 in 2009 to $5,000 in 2010: DOS

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 fou...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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