Monthly household income from work inches 7.5% higher

Earnings per member also edged up 6.7%.

According to Department of Statistics latest report on "Key Household Income Trends 2012," median household income from work increased in 2012, and over thelast 5 years.

Among resident employed households, median monthly household income from work increased from $7,040 in 2011 to $7,570 in 2012, a 7.5 percent growth in nominal terms, or 2.7 per cent in real terms.

Taking into consideration changes in household size, median monthly household income from work per household member increased by 6.7 per cent in nominal terms, or 1.9 per cent in real terms in 2012.

Over the last 5 years from 2007 to 2012, the median monthly household income from work per household member of resident employed households rose by 13 per cent in real terms.

Income growth by different income groups has tended to vary from year to year. However, taking the last 5 years as a whole, there has been a significant increase in incomes across income deciles.

Resident employed households in all income groups experienced nominal and real growth in average household income per household member from 2007 to 2012.

For resident employed households in the 1st–60th percentiles, significantly stronger real growth was observed for the recent 5-year period (2007–2012), as compared to the earlier 5-year period (2002–2007).