In 2023, the median monthly household income in Hong Kong was estimated to be around HK$30,000, representing a steady rise from HK$27,320 in 2021.
The highest median monthly household income was observed in the Central and Western District, reaching HK$42,000 in 2023, which is significantly higher than the HK$5,800 median for economically inactive households.
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Household income in Hong Kong comes from various sources, including employment earnings, cash social benefits, and supplementary income from investments or rental properties.
Over the past decade, from 2011 to 2021, the median monthly household income in Hong Kong increased by 35.2%, reflecting the city's economic growth and development.
In 2022, the median income for economically active households, those with at least one earning member, stood at HK$36,200, a 3.42% rise from the previous year.
Regional disparities in household income are evident, as the median monthly household income in the Central and Western District is nearly seven times higher than the median for economically inactive households.
The child population in Hong Kong has been declining at an average annual rate of 1.2% over the past 30 years, reflecting the city's aging demographic trend.
The ethnic composition of the child population in Hong Kong is similar to that of the overall population, with 92.8% of children being of Chinese descent.
In the first quarter of 2024, average monthly wages in Hong Kong reached an all-time high of HK$184,940, a significant increase from the record low of HK$103,820 in the first quarter of 2005.
The median monthly domestic household income in Hong Kong varies based on household size, with a household of one person having a median income of HK$11,000, compared to HK$8,300 for a household of two and HK$6,100 for a household of three.
The Census and Statistics Department of Hong Kong conducted a study on household income distribution in 2016, which provides detailed insights into the economic landscape of the city.
The median monthly household income of economically active households in Hong Kong, those with at least one earning member, was HK$36,200 in 2022, a 3.42% increase from the previous year.