Which Singaporeans earned more in 2011?

Apprarently everyone took home more money from work but guess which bracket saw the highest jump.

Lower income households raised their household income per member by 11% (nominal terms) and 5.8 (real terms), the highest growth for the recorded period.

Median monthly household income per household member stood at $1,990 in 2011, up from $1850 in 2010.

All in all, Singaporeans across the wage and salary spectrum earned higher in 2011, which the government attributed to a better job hiring.

"Household income from work increased for all income groups, in tandem with strong employment creation in 2011” said Singapore Department of Statistics in its latest report titled “Key Household Characteristics and Household Income Trends, 2011."

"Among resident employed households, median monthly household income per household member rose from $1,850 in 2010 to $1,990 in 2011, an increase of 7.9 per cent in nominal terms, or 2.7 per cent in real terms. The first decile saw the highest percentage growth in average monthly household income per member of 11 per cent and 5.8 per cent in nominal and real terms respectively," StatSing said.

"On a total household income basis, median monthly household income from work increased from $6,340 in 2010 to $7,040 in 2011, an 11 per cent growth in nominal terms, or 5.6 per cent in real terms. The tenth decile saw the highest percentage growth in average monthly household income of 14 per cent in nominal terms, or 7.9 per cent in real terms," it added.

"Cumulatively between 2001 and 2011, the median monthly household income from work per household member of resident employed households rose by 20 per cent in real terms, with most of the gains coming from 2006 to 2011. On a total household income basis, the median monthly household income from work rose by 22 per cent in real terms between 2001 and 2011," it said further.

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Tags: Singapore household income 2011, Singapore income 2011, Singapore Department of Statistics