Households earning at least $30k monthly nearly double in five years

Investment gains rose from 9.6% to 13.5% of total income.

The share of Singapore resident households earning at least $30,000 a month nearly doubled to 13.4% in 2025, from 7.4% in 2020, according to a Department of Statistics report.

The General Household Survey 2025 also showed that the share of households earning at least $12,000 rose to 51.6% during the same period, from 38.2% in 2020.

Median monthly household market income increased from $9,099 in 2020 to $12,446 in 2025, representing annualised growth of 6.5% in nominal terms and 3.2% in real terms.

Average monthly household market income rose from $12,396 to $16,159 over the same period.

Household market income refers to income before government transfers and taxes.

It includes employment income and non-employment income, such as investments, rental income, contributions from other households, pensions, annuities, and regular payouts from CPF and insurance.

Whilst employment income remained the main source of household market income, its share fell from 85% to 79.6% during the period. Investment income increased from 9.6% to 13.5%.

By ethnic group, median monthly household market income was $12,969 for Chinese households, $8,581 for Malay households, and $13,382 for Indian households.

The report noted that 2025 income figures are preliminary.

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