What percentage of market income comes from employment?

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Employment Constitutes the Majority of Market Income in Singapore

Employment accounts for nearly 80 per cent of total market income in Singapore, as indicated by recent survey data. This highlights the significant reliance on earnings from work for the overall income profile of households. Market income itself is defined as earnings derived from employment alongside non-employment sources such as investments and rental income.
Share of Income from Employment

Nearly 80 per cent of total market income in Singapore is generated through employment. This figure underscores the primary role of wages and salaries in the economic well-being of households. The remaining portion of market income is derived from other sources, including investment returns and rental properties.
Growth in High-Earning Households

The proportion of Singaporean households earning S$30,000 or more per month has nearly doubled in five years, reaching 13.4 per cent in 2025. This surge signifies a substantial upward shift in the income distribution. Furthermore, over half of resident households, specifically 51.6 per cent, now report a monthly market income of at least S$12,000, a notable increase from 38.2 per cent in 2020.
Median Household Income Trends

Singapore's median monthly household market income surpassed S$12,000 for the first time in 2025, reaching S$12,446. After adjusting for inflation, this represented an average annual growth of 3.2 per cent since 2020, when the median income was S$9,099. This growth in median income is a key factor contributing to the observed upward movement in household income brackets.
Ethnic Income Growth

Income growth has been observed across Singapore's three major ethnic groups, even after accounting for inflation. Indian households experienced the most rapid annual increase at 3.5 per cent, followed by Chinese households at 3.1 per cent, and Malay households at 2.3 per cent. In 2025, median monthly household market incomes were S$13,382 for Indian households, S$12,969 for Chinese households, and S$8,581 for Malay households.

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What percentage of market income comes from employment?

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