Household incomes, share of condo dwellers rise over last decade
Census data shows median monthly household incomes rose 1.9 per cent per year for the last decade
Singapore
HOUSEHOLD incomes continued to rise in both real and nominal terms over the last decade, with a significant spike in households at the top end, according to data released on Friday by the Department of Statistics.
A greater share of resident households also live in condominiums and other apartments compared to 10 years ago, in a trend that analysts and academics expect to continue. The figures were in the second of two releases from the Census of Population 2020, based on registered data and a survey of 150,000 resident households conducted from February till end-2020. Household income figures include employer Central Provident Fund contributions.
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