SEOUL, December 12 (AJP) - The number of newlyweds has remained below one million for the second year in a row, the Ministry of Data and Statistics said on Friday.
About 952,000 couples married last year, down 2.3 from a year earlier. First-time newlyweds with children accounted for 51.2 percent, down 1.3 percentage points from the previous year, with an average of 0.61 children per couple.
Only 49.1 percent of dual-income couples had children, compared with 55.2 percent of single-income couples. About 48.3 percent of couples with employed wives had children, compared with 56.7 percent of couples with non-working wives.
Homeownership was also related to childbirth, with 56.6 percent of homeowners having children. For non-homeowners, the figure was 47.2 percent.
The proportion of dual-income households among first-time newlyweds rose to 59.7 percent, with their average annual income at 76.29 million won (about US$52,000), up 5 percent from the previous year.
Their average income stood at 93.88 million won, much higher than the 55.26 million won for single-income couples. About a quarter of them or 23.8 percent earned between 70 million and 100 million won
Homeowners earned 84.01 million won on average, well above the 70.52 million won earned by non-homeowners. The proportion of newlyweds with loans slightly declined to 86.9 percent, with a median loan balance of 179 million won, as many borrowed to afford apartments to start their married life.
* This article, published by Aju Business Daily, was translated by AI and edited by AJP.
About 952,000 couples married last year, down 2.3 from a year earlier. First-time newlyweds with children accounted for 51.2 percent, down 1.3 percentage points from the previous year, with an average of 0.61 children per couple.
Only 49.1 percent of dual-income couples had children, compared with 55.2 percent of single-income couples. About 48.3 percent of couples with employed wives had children, compared with 56.7 percent of couples with non-working wives.
Homeownership was also related to childbirth, with 56.6 percent of homeowners having children. For non-homeowners, the figure was 47.2 percent.
The proportion of dual-income households among first-time newlyweds rose to 59.7 percent, with their average annual income at 76.29 million won (about US$52,000), up 5 percent from the previous year.
Their average income stood at 93.88 million won, much higher than the 55.26 million won for single-income couples. About a quarter of them or 23.8 percent earned between 70 million and 100 million won
Homeowners earned 84.01 million won on average, well above the 70.52 million won earned by non-homeowners. The proportion of newlyweds with loans slightly declined to 86.9 percent, with a median loan balance of 179 million won, as many borrowed to afford apartments to start their married life.
* This article, published by Aju Business Daily, was translated by AI and edited by AJP.
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