Photo by Jordan Merrick for Unsplash

Monthly income grew 62.5% to $19,500 in 2011-2021

But their share of the domestic household income fell 84.1%.

The median monthly income of employees in Hong Kong increased by 62.5% to $19,500 in the ten-year period between 2011 and 2021, according to a report from the Census and Statistics Department released in 23 May.

The median monthly income was $12,000 in 2011.

An estimated 84.1% of the domestic household income in the city reportedly from its working population in 2021, excluding foreign domestic helpers. The figure is 1.4 percentage points lower than the 85.5% reported in 2011.

Meanwhile, between 2011-2021, the median monthly income of employees in the first to second decile groups increased by 46.6% and 44%, respectively, whilst the growth of the other decile groups ranged from 45.5% to 63.6%.

READ MORE: Inflation up 2.1% in April

In the same period, the share of the aggregate monthly income from employees in the first to second decile groups was about 5%. On the other hand, the income share from those in the ninth to tenth decile groups fell to 54% in 2021 from 55% in 2011.

"This indicates a slight narrowing of the degree of dispersion in the employment income over the past decade," the department said.

The department added that the change in income distribution between 2011-2021 was due to the changes in population demographics and economic structure. 

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