
Median household income in Singapore crosses $12,000 mark for first time in 2025

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In 2025, Singapore's median household income surpassed $12,000 for the first time, reaching $12,446, a 7.7% increase from 2024. This figure includes non-employment income sources like investments and rent. The report also expanded to include households without employed members, reflecting the needs of an aging population. The Gini coefficient, a measure of income inequality, decreased to 0.452, indicating reduced inequality. Average government transfers per household member fell to $7,300, influenced by the conclusion of one-off support schemes introduced in 2024.
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