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.
