Median monthly income in Hong Kong rises to $18,400 | Hongkong Business
, Hong Kong
702 views

Median monthly income in Hong Kong rises to $18,400

The 50th percentile of workers in Hong Kong earned $74.40 an hour in 2020, the Census and Statistics Department has calculated.

The median monthly wage of employees in Hong Kong rose 1.5% to $18,400 in May-June 2020, the Census and Statistics Department (C&SD) has reported.

This is slightly higher than the $18,200 median recorded in the same period in 2019.

The 10th and 25th percentile monthly wages of employees in the city were $9,600 (down 3.9%) and $13,200 (up by 1.4%), respectively in May-June 2020; whilst the 75th and 90th percentile each earned $28,800 (up by 2.2%) and $45,300 (up by 1.6%) per month.

On an hourly basis, the median wage of employees was $74.4, which was up by 1.8% on the same period in 2019.

Moreover, the C&SD reported that male employees earned more than female employees, with an $83 hourly rate compared to $66 per hour for women across the workforce.

Age also played a factor. Those aged between 35-44 were the highest earners at $83.90 per hour, followed by those aged 25-34 at $77.60. Those who were 45-54 years old earned $75.6 an hour on average..

In a separate report, the C&SD said the average wage rate in December 2020 was unchanged at 1%. Around 50% of employers saw an increase, whilst 46% decreased their workers’ average wage rate.
 

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Get Hongkong Business in your inbox
It bundles home insurance with fibre broadband service, network security and a smart home kit.
It eyes stricter regulation over prime brokers, amongst others.
This does not apply to vaccinated persons from extremely or very high-risk places.
This is expected to speed up drug discovery which at present takes up to 15 years.
It is looking to penetrate residential areas in Tier 1 cities.
Clients can buy and sell securities in 10 markets worth up to US$10m daily.
The new Mercedes-AMG CLS 53 made its public debut in Hong Kong last 19 June.
The loan from Hang Seng Bank will fund its green projects.
It will be issued through HKMA’s Central Moneymarkets Unit.
The revised guidelines will take effect on January 2022.
The airline carried some 24,000 passengers during the month.
This forms part of the HKMA’s Regtech roadmap.
This is two places down from its 2020 ranking
The demand for medical office buildings in Hong Kong is high, but hard to get.
It is considering about $2b in the US share sale.