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Single Households Surpass 6 Million

2020/06/28 Source

The number of single households surpassed 6 million for the first time last year.

According to Statistics Korea on Tuesday, there were 6.04 million one-person households in Korea in the second half of 2019, up 4.3 percent on-year. They accounted for 29.9 percent of all households, up 0.7 percentage points.

Singles who were employed increased 2.8 percent to 3.67 million, accounting for 60.8 percent of one-person households.

By age, 27.6 percent of them were between 50 and 64, followed by 22.6 percent in their 30s, 19.5 percent in their 40s, 18.7 percent in their 20s or younger, and 11.6 percent over 65.

By income, 11.7 percent of all one-person households made less than W1 million, 21.3 percent W1-2 million, 36 percent W2-3 million, 18.8 percent W3-4 million and 12.2 percent more than W4 million (US$=W1,209).

Meanwhile, 5.66 million out of 12.31 million households were double-income couples. Their proportion to total households declined 0.3 percentage points to 46 percent.

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