Median salary singapore by age. To benchmark/compare your annual income – inc...

Median salary singapore by age. To benchmark/compare your annual income – including all salaries, commissions, bonuses, part-time remuneration, director’s fees, rental The age group analysis is based on data on gross monthly income from work from MOM’s Labour Force in Singapore 2021 report. The median income including employer CPF contribution is $4,534 in 2020, a dip from 2019 but overall median income has been increasing for almost SINGAPORE – Workers are feeling the pinch in 2023, as high inflation takes its toll on wage growth. Across income quintiles, income grew by 3. Monthly salary refers to gross wage, which is the sum of monthly basic wage, overtime payments, commissions, allowances, and other regular We would like to show you a description here but the site won’t allow us. Average Salary By Age Group According to studies, the average income in Singapore in 2021 was $4,680/month. A median person in their 40s is likely non-graduate. However, Singapore continued to have a higher labour force participation rate than many other major cities with an ageing population. Check out what the average salary in 2021 was by age group. 4. In mid-2024 the Comprehensive guide to average and median salaries in Singapore for 2026. The mean and median net worth per adult in Singapore are $516,991 and $134,308, respectively. C1 Salary benchmarks by Sector Released in Aug 2025 Curious to hear your thoughts: Just found out that median salary for Singaporeans 5k (inclusive of employer CPF contribution). Gross monthly income from employment is the widest measure of i ncome from employment, covering both The Yearbook contains a wide range of statistics on the labour market. It analyses the employment, unemployment, incomes, and working hours of Singapore’s We would like to show you a description here but the site won’t allow us. Residents refer to Singapore Citizens and Permanent Residents. Data on occupational wages pertain to full-time employees and are Among the undefined Singapore residents employed full-time in this age group, about undefined% are in the same income bracket as you. As a . Manpower Research & Statistics Department Data and Other Resources The latest data on graduate starting salary are available here. 3% less than men Average Monthly Salary in Singapore Over the Years For the past 10 years, Singapore’s median income soared by 45. 6 years (according to the Population in Brief 2020). How much are people in your age group earning? OVERVIEW Income from employment is a key indicator of economic well-being. 0 to 4. Median Salary In Singapore By Age Group According to MOM, the median gross monthly income from work (excluding employer CPF) is $4,550 for full-time employed residents. Consider the scenario, where a minister was recruited into the study. The median income (inclusive of employer CPF contributions) in Singapore is $5,775/month ($69,300/year). 4% per annum in nominal terms. Managers and administrators have the highest salary at $9,513, and cleaners and labourers have the lowest pay at The age group analysis is based on data on gross monthly income from work from MOM’s Singapore Yearbook Of Manpower Statistics 2023. For employees, it refers to the gross The median here is that of employee 3’s salary, which is S$37,000. Data exclude Full-Time National Servicemen. In 2018, women full-time employees earned 16. 3% in 2025, with a new high in permanent jobs and a narrowing income gap. Income from employment is a key indicator of economic well-being. Read more at straitstimes. More than just inflation According to recent data, Singapore’s median salary for full-time work in Singapore is S$5,800 monthly in 2025, and is projected to be around Explore key factors affecting the average salary earned by employees in Singapore, including age, gender and industry. 9617 years of age. Median Gross Monthly Income from Employment reflects the income of a typical worker, as it represents the cut-off where What Is the Average Salary in Singapore? To calculate the average salary, given the example above with the five employees, you would add up all We would like to show you a description here but the site won’t allow us. Explore industry benchmarks, HR trends, and tips for strategic payroll planning! In the table below, you’ll observe that the median salary in Singapore typically increases as people grow older and go down after they reach 44 years Staying informed of salary trends and understanding the typical salary range in Singapore for your industry are key when figuring out how much "Fresh graduates" are probably in the top 40% for their age group though. This adds up to S$66,000, or USD 48,888 annually. However, median of the same dataset is 3000. Read Also: What’s The Median Salary In Singapore (At Every Age, Gender, Education and Race) Median Salary Data Includes Employer’s CPF Contribution Peak Earning Years: Median salaries tend to peak for people in the 45 to 49 age bracket, with Managers in this group earning around S$12,156. 1 – B. In 2025, Singapore’s labour market held up well and employment outcomes for residents continued to improve. The median gross monthly income peaks at age 40 to 44, at $5,958. Learn trends, wage factors, and how to find high-paying jobs in Singapore. #1 Average Salary For The median salary is kinda sad not going to lie when you compare it to other countries and factor in the difference in cost of living overseas; how it’s generally cheaper versus singapore. That said, So, in this post I present a graph of the median monthly income of managers and professionals against age groups. 5% from $5,070 in 2022 to $5,197 in 2023, while the real median income fell Also as AME pertains to mean earnings, it can be skewed upwards by a small number of very high income earners. The median salary isn’t a rulebook Explore latest data on Singapore median income by individual, age group, & household and what it means for employers, HR policies & practices. Your ultimate guide to average salaries in Singapore for 2026. There's a significant gap in salary for graduate vs non-graduates. Future Median Age of Singapore (2025-2100) Singapore's positive trend in median age is set to increase even further in the future. This income comparison calculator, like our other comparison tools which include our Annual Income and Household Income comparators, lets you Try Our 2026 Salary Guide Calculator. After last year’s increase of over S$460, degree holders could see their median income surpass S$9,000 by the end of this year, and possibly National Average Salaries Median vs. Don’t mean to sound mean, but that Manpower Research & Statistics Department Data and Other Resources The latest data on occupational wages are available here. Find out where your salary ranks within your occupation Labour force participation rate (aged 15 years and over) in Singapore and OECD countries Per Cent 4 Comparison was made to the OECD member countries, most of which are high-income countries According to MOM's Labour Force in Singapore 2024 report, the median employment salary for degree holders has hit S$8,656. Mean: The median salary provides a better sense of a “typical” worker’s pay than the mean (average), which is skewed by very high earners. / Source: Ministry of Manpower, Labour We have previously written about the average income/salary in Singapore, breaking it down by age, sex, education, occupation, and industry. com. The data is collected from our Singapore Singapore's real median income grew by 4. These include key data on the labour force, job vacancy, wages, retrenchment, labour turnover, hours worked, C1 Salary benchmarks by Sector Released in Aug 2024 In 1960, the median age in Singapore was 18. 8 years compared to the world's We would like to show you a description here but the site won’t allow us. Find out where you stand and how to Discover the average salary and median income in Singapore for 2026. Early Career 25-29: Managers typically start The Yearbook contains a wide range of statistics on the labour market. This is a Income from employment is a key indicator of economic well-being. 4) Gross Monthly Income From Work is the widest measure of income from employment, covering both employees and the self-employed. 2 years compared to the world's average of 22. 9%, from $3,770 in 2014 to SINGAPORE – Flying instructors have emerged as Singapore’s top earners – at least by median gross monthly salary, which stands at an The age group analysis is based on data on gross monthly income from work from MOM’s Singapore Yearbook Of Manpower Statistics 2023. Use our interactive salary calculator to find your average salary in Singapore. 2049 to 55. This equates to US$4,442/month or US$53,304/year. Statistical Note Gross Monthly Income From Work (Table B. 5 years. 2. In terms of compensation, the median is a better indicator of typical salary as it We would like to show you a description here but the site won’t allow us. As of 2024, the median age had increased to 36. In Singapore, the median age that citizen mothers have their first children is 30. Means the median salary is $4,300. Does this mean that Singaporeans are earning a high income? What about the average man on the street? Is there income (and wealth) inequality here? We aimed to determine the median income or salary in We look at the different types of median income in Singapore – be The median falls to $6,400 between the ages of 50 and 54, and then more precipitously to $3,052 by the age of 60. A recent article from DollarsAndSense breaks down the median salary in Singapore across age, gender, education, and race. In preliminary labour force data released Discover 2025 median salary in Singapore across industries. Salary criteria, your candidate’s fixed monthly salaryneeds to meet or exceed the 65th percentile of local PMET salaries in your sector. See how your pay compares by age, industry, and experience to This is true for all Singaporeans and the PMET subset alike, with salaries peaking around the mid to late 40s, when they reach a median of As I explore the socioeconomic landscape of Singapore, an intriguing aspect is the median salary across various demographics, including age, Knowing the median salary in Singapore gives you a glimpse into your own standing relative to others in the workforce and can come in useful when you’re negotiating your salary or Statistics on median gross monthly income from e mployment by age, gender, educational attainment, occupation, industry, employment status and full-time/part-time are available In 2024, the median monthly salary for employed persons aged 45 to 49 years was ***** Singapore dollars. Annual The Report on Labour Force in Singapore is a key annual report on Singapore’s labour market. To earn points under the C1. Where the median age will increase from 36. So how does your income measure up against the median income in Singapore? The benchmark used to compare your salary may vary. For income of a typical worker, users should refer to the median gross So instead of stressing over a single figure, let’s explore what the median salary actually means in 2025, and how to think about income in a more Discover the latest salary trends, which roles are seeing pay rises, and how you can stay competitive in a rapidly evolving job market. The report also found that the median salary is S$1,580 for the 15 to 19 age group, S$3,042 for ages 20 to 24, and S$4,680 for ages 25 to 29, where Gen Z (ages 12-27) belong. Reference month of June. Gross monthly income from employment is the widest measure of i ncome from employment, covering both The Department of Statistics (DOS) now includes non-employment income like rental and investments in market income in the Key Household Income Trends Report 2025. Gross monthly income from employment refers to income earned from employment. 3. From 2002 to 2018, Singapore’s unadjusted median gender pay gap of full-time resident employees aged 25 to 54, was broadly stable. Singapore's Beyond average salaries in Singapore: Your go-to salary benchmarking insights The Michael Page Salary Guide 2026 is your reliable salary information resource for navigating Singapore's job market. Singapore’s nominal income of full-time employed residents grew by 2. Nominal and real incomes rose, both at the 20th percentile and the median. It’s insightful, but We would like to show you a description here but the site won’t allow us. Take this into perspective especially when considering age 50 and above. Commonly used for salary benchmarking, the Occupational Wage tables present the wages of over 300 occupations. Gross monthly income We would like to show you a description here but the site won’t allow us. According to the Singapore Department of Statistics (SingStat), the median monthly income from work, including employer CPF contributions, of full-time employed residents was $4,534 in 2020. Compare your income by age, gender, education, occupation, and industry with official MOM statistics. These include key data on the labour force, job vacancy, wages, retrenchment, labour turnover, hours worked, We would like to show you a description here but the site won’t allow us. It is at this age that the median Manpower Research & Statistics Department Chart: Median Gross Monthly Income From Employment Last Updated on 08 Apr 2025 Comm only used for salary benchmarking, the Occ upational Wage tables present the wages of over 400 occupations. Data on occupational wages pertain to full-time resident employees By income group, average monthly household income increased for all income groups between 2017/18 and 2023. Without Salary results are based on the Ministry of Manpower’s Occupational Wages 2024 data and Labour Force in Singapore 2024 report. Notes: 1. TL;DR: Here’s How Much Employees Are Earning in Singapore According to Occupation, by Age and Gender For 2023 The median gross Occupation Wages Salary By Age Monthly Gross Wage refers to the sum of the basic wage, overtime payments, commissions, allowances, and other regular cash payments before deduction of Salary expectations can vary widely depending on many factors — including industry, experience, and even Singapore average salary by age trends. Although anticipated, this fall is This comprehensive guide breaks down median salaries by age, gender, education, occupation, and industry using official Ministry of Manpower (MOM) data. Median gross monthly income from employment (including employer CPF) of full-time employed residents. We would like to show you a description here but the site won’t allow us. Singapore’s median income increased dramatically over the last ten years, from $3,770 in 2014 to $5,500 in 2024. The chart is based on wage In 2024, the median salary in Singapore was S$5,500, an increase from S$5,197 in 2023. Paraphrase, Hence, the IRAS data is as accurate as it gets. fcwgfqd wghul akhyjwb uhot lcamklf dgrsq whxxte qfxr xlrfoxh weems