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flag Singapore's median household income rose 1.4%, and income inequality hit a 25-year low in 2024.

flag Singapore's median household income from work rose to S$11,297 in 2024, marking a 1.4% increase after adjusting for inflation, which is slower than the previous year's growth. flag Income inequality hit its lowest point in 25 years, with the Gini coefficient falling to 0.364 after accounting for government assistance and taxes. flag The government's financial support schemes played a key role in this improvement.

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