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
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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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