MOM released data this month for Gross monthly salary excluding employer CPF contribution recorded from 2009 to June 2019.
This is out of a population of 2.18 Million workforce (15 years and above excluding NSF), and with data recorded in June 2019. Summary below with charts created by myself with the input of MOM data.
2019 The median monthly income is SGD4,563There are 141 thousand people who are at the bottom 6.5% earning less than SGD1,000 per monthThere are 112 thousand people who belongs to the top 5.2%, earning more than SGD15,000 per month.More than half of the Singaporeans are earning less than SGD6,000 per month.
2009 TO 2019 – LAST TEN YEARS
ROLF'S THOUGHTS
Our country’s median income has increased quite significantly over the past ten years rising 56% from SGD2,927...