Singapore's median household income up 4% to $7,870

Government schemes boosted resident households.

According to a release by the Department of Statistics, among resident employed households, median monthly household income from work increased from $7,570 in 2012 to $7,870 in 2013, a 4.0 percent growth in nominal terms, or 1.6 per cent in real terms. Over the last 5 years from 2008 to 2013, the median monthly household income from work of resident employed households rose by 11 per cent in real terms.

Taking household size into account, median monthly household income from work per household member rose by 5.6 per cent in nominal terms, or 3.2 per cent in real terms in 2013.

Various Government schemes gave a larger boost to resident households staying in smaller types of dwelling. Resident households in HDB 1- & 2-room flats received $8,630 per household member on average from Government schemes in 2013, higher than the $7,210 given in 2012.

Resident employed households in the first deciles enjoyed nominal and real growth in average household income per household member in 2013. Over the last 5 years, there has been an increase in real incomes across all income deciles.