S'PORE AVERAGE HOUSEHOLD INCOME UP 11%
The average Singaporean household income increased 11 percent to SS$7,040 in 2011, from S$6,340 in 2010, according to latest figures released by the Singapore Department of Statistics.
“Household income from work increased for all income groups, in tandem with strong employment creation in 2011,” it said.
After adjusting the consumer price inflation, average household income from work surged 5.6 percent.
For employed households, which refer to a family with at least one working person, the average income from work per household member also rose to S$1,990 in 2011 from S$1,850 in 2010.
On a total household income basis, the average monthly household income from work grew 22 percent between 2001 and 2011.
Info courtesy- PropertyGuru.com.sg