When new graduates earn around 3 to 4K , ITS SOUNDS INCREDIBLE median household income IS S$9,520.
You will than notice they only include employed households -skewing the figures upwards.
Residents also include PR's many of whom are expats with high overseas allowances or wealthy tycoons from overseas and their huge families , again distorting the reality.
Go to any hawker centre and find out the truth about locals just by looking around -whereas the rich PR's are eating in restaurants and hotels.
PAP greatest success is enrichment of foreigners