,Hong Kong

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.
 

Join Hong Kong Business community
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!

Total employment in the private sector decreased by 0.4%.
Tollerort port terminal is located in the Port of Hamburg, Germany.
The inflation rate is at 1.2%.
It highlights the importance of SAF as it works towards net-zero by 2050.
This is 95.3% lower than pre-pandemic levels in August 2019.
This is an 8% increase from the first quarter of 2021.
Payment card usage increased by 18.8% QoQ in Q2 2021.
Compared with the end of Q2 2020, SVF accounts in use were up by 0.6% in 2021.
41% of Hong Kong consumers support local businesses.
Home prices are expected to rise by a maximum of 3% in Q4.
Bond Connect will expand mutual access between Hong Kong and China markets.
The move aims to promote the development of the bond markets in Mainland China and Hong Kong.
Credit cards recorded a year-on-year increase in outstanding balances, the first since Q4 2019.
Hong Kong has gained the top rank since the report's inception in 1996, especially in the assessment areas of international free trade and regulation.