What was the median household market income in 2025 for Singapore?

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Singapore's Median Household Market Income Reached S$12,446 in 2025

In 2025, the median monthly household market income in Singapore reached S$12,446, marking the first time this figure has surpassed the S$12,000 threshold. This represents a significant increase from previous years, reflecting a broader upward trend in household earnings across the nation.
Growth in Higher Income Brackets

The proportion of households earning S$30,000 or more per month has nearly doubled in five years, reaching 13.4 per cent in 2025. This surge is indicative of a substantial upward shift in Singapore's income profile. Furthermore, more than half of all resident households, specifically 51.6 per cent, reported a monthly market income of at least S$12,000 in 2025, a notable increase from 38.2 per cent recorded in 2020.
Inflation-Adjusted Income Growth

When adjusted for inflation, the median household market income demonstrated an average annual growth of 3.2 per cent. This growth is measured against the S$9,099 median income reported in 2020, illustrating consistent economic progress over the five-year period. Market income encompasses earnings from both employment and non-employment sources, such as investments and rental income.
Income Growth Across Ethnic Groups

Income growth was observed across Singapore's three major ethnic groups after accounting for inflation. Indian households experienced the fastest 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 was the median household market income in 2025 for Singapore?

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