Korea salary, ages 50-54
Based on Statistics Korea — Wage Earner Income (Compensation) Survey (2024)
ages 50-54 Korean full-time workers earn about 5,570만원 on average. Median is about 3,890만원; top 10% earn at least 11,160만원.
- What is the median salary for ages 50-54 workers in Korea?
- About 3,890만원 (Statistics Korea KOSIS Wage Earner Income).
- What do the top 10% / 25% earn at ages 50-54 in Korea?
- Top 10% earn at least 11,160만원; top 25% at least 7,156만원.
- What do the bottom 10% / 25% earn at ages 50-54 in Korea?
- Bottom 10% earn at most 1,055만원; bottom 25% at most 2,171만원.
Korea, ages 50-54 full-time wage and salary earners. Pay spans widely — the top 10% clear 11,160만원, about 10.6× the bottom 10% at 1,055만원, with the middle running 2,171만원 to 7,156만원. The 5,570만원 average is pulled up by top earners. Monthly pay is about ₩324M, hourly wage about ₩15,511. Source: Statistics Korea — Wage Earner Income (Compensation) Survey (2024).
Per month, per hour
Based on a typical (median) earner
- Monthly324만원
- Hourly18,703원
- Take-home monthly286만원
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At a glance
- 12% lower than the next-older cohort
- 13% higher than the next-younger cohort
- Top 10% earn 10.6x more than the bottom 10%
- ₩50M annual is in the top 40.8% for this age group
- At this age, the top 10% earn about 199% more than the median
- The top 25% earn about 91% more than the median at this age
- This cohort's median is 13% above the all-ages median
- Pay peaks at ages 40-44; this cohort is at 83% of that peak
Top-paying occupations at this age
Ranked by average pay for this age group (Statistics Korea occupational major groups).
| Occupation | Average pay |
|---|---|
| Managers | 10,666만원 |
| Office Workers | 5,886만원 |
| Professionals & Related Workers | 5,780만원 |
| Craft and Related Trades Workers | 3,950만원 |
| Plant and Machine Operators | 3,643만원 |
| Sales Workers | 3,547만원 |
About this page
This page covers the salary distribution for Korea, ages 50-54. The median is 3,890만원 and the average is 5,570만원, based on Statistics Korea (KOSIS).
How we calculated
Figures for Korea ages 50-54 are compiled from Statistics Korea (KOSIS). On this page the median is 3,890만원 and the 10th–90th percentile range runs 1,055만원–11,160만원; the upper and lower percentiles come from rank statistics on the same sample.
- Statistics Korea 'Wage Earner Income 2024' / KOSIS DT_1EP_2010
- https://kosis.kr/statHtml/statHtml.do?orgId=101&tblId=DT_1EP_2010