đź’°Average Salary Ranking Calculator
How Are These Numbers Calculated?
The income percentiles are based on the latest survey data from Singapore’s Department of Statistics and Ministry of Manpower. These surveys analyze gross monthly income distributions, including employer CPF contributions, across the resident workforce.As of 2023, this median income was SGD 5,197.
Find out my gross income here using Total Income Calculator here.
By comparing your income to these benchmarks, the calculator determines which percentile you fall under. The thresholds are regularly updated to reflect current trends and ensure accuracy.
What Do These Results Mean?
- Below 10th Percentile: Your income is in the lower range compared to others. It may indicate a starting career stage or areas for financial growth.
- 25th Percentile: Your income is higher than 25% of residents, but there’s room for growth to reach the median or higher.
- 50th Percentile (Median): You’re earning close to the national average, reflecting a stable financial position relative to the majority of residents.
- 75th Percentile: Your income surpasses 75% of residents, indicating a strong financial standing and potential for wealth accumulation.
- Top 10%: You’re among the highest earners in Singapore, showcasing a strong financial position with significant earning power.
Why Use This Calculator?
- Personal Insights: Understand your financial standing compared to others in Singapore.
- Fun and Informative: See how your income compares to national averages and percentiles.
- Motivation: Use it as a benchmark to set financial goals or plan for future income growth.