Korea salary, 70 or older
Based on Statistics Korea — Wage Earner Income (Compensation) Survey (2024)
70 or older Korean full-time workers earn about 1,982만원 on average. Median is about 1,080만원; top 10% earn at least 3,700만원.
- What is the median salary for 70 or older workers in Korea?
- About 1,080만원 (Statistics Korea KOSIS Wage Earner Income).
- What do the top 10% / 25% earn at 70 or older in Korea?
- Top 10% earn at least 3,700만원; top 25% at least 2,429만원.
- What do the bottom 10% / 25% earn at 70 or older in Korea?
- Bottom 10% earn at most 210만원; bottom 25% at most 525만원.
Korea, 70 or older full-time wage and salary earners. Pay spans widely — the top 10% clear 3,700만원, about 17.6× the bottom 10% at 210만원, with the middle running 525만원 to 2,429만원. The 1,982만원 average is pulled up by top earners. Monthly pay is about ₩90M, hourly wage about ₩4,306. Source: Statistics Korea — Wage Earner Income (Compensation) Survey (2024).
Per month, per hour
Based on a typical (median) earner
- Monthly90만원
- Hourly5,192원
- Take-home monthly83만원
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At a glance
- 55% lower than the next-older cohort
- Top 10% earn 17.6x more than the bottom 10%
- ₩50M annual is in the top 4.9% for this age group
- At this age, the top 10% earn about 238% more than the median
- The top 25% earn about 122% more than the median at this age
- This cohort's median is 69% below the all-ages median
- Pay peaks at ages 40-44; this cohort is at 23% 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 | 10,862만원 |
| Office Workers | 4,448만원 |
| Professionals & Related Workers | 4,249만원 |
| Sales Workers | 3,255만원 |
| Craft and Related Trades Workers | 2,424만원 |
| Plant and Machine Operators | 2,283만원 |
About this page
This page covers the salary distribution for Korea, 70 or older. The median is 1,080만원 and the average is 1,982만원, based on Statistics Korea (KOSIS).
How we calculated
Figures for Korea 70 or older are compiled from Statistics Korea (KOSIS). On this page the median is 1,080만원 and the 10th–90th percentile range runs 210만원–3,700만원; 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