• Home
  • Art Investment
  • Finance
  • Investors
  • Money
  • Mortgage
  • Property Investments
  • Trading
  • May 11, 2026
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
Investor Fact Check Investor Fact Check
  • Home
  • Art Investment
  • Finance
  • Investors
  • Money
  • Mortgage
  • Property Investments
  • Trading
Investor Fact Check / Money / Middle-aged singles on rise in Seoul, with money dividing happiness – Asia News Network
Money

Middle-aged singles on rise in Seoul, with money dividing happiness – Asia News Network

  • . May 11, 2026


May 11, 2026

SEOUL – More Seoulites in their 40s and 50s are living unmarried and alone, with a new city report showing their happiness increasingly depends on income, and their ties to local communities remain weaker than those of their married peers.

A total of 560,000 Seoul residents aged 40 to 59 were unmarried as of 2024, accounting for 20.5 percent of the city’s 2.74 million people in that age group, according to a report released Thursday by the Seoul Metropolitan Government.

That share has risen steadily in recent years, from 18.3 percent in 2022 to 19.4 percent in 2023. Men were more likely to be unmarried, at 24.1 percent, compared to 16.9 percent for women.

Most unmarried Seoulites in their 40s and 50s also lived alone. The proportion reached 80.5 percent in 2024, up sharply from 61.3 percent in 2015.

Many were in white-collar or professional jobs, with the share rising to 66.9 percent from 53.9 percent over the same period.

“This trend shows the tendency of people with job stability and a financial base to prefer living alone,” city officials said.

The report found that income was a major factor in life satisfaction among middle-aged single-person households.

Those earning 8 million won ($5,500) or more a month gave their life satisfaction a score of 7.7 out of 10. The score fell to 7.1 for those earning 6 million won to under 8 million won, 6.9 for those earning 4 million won to under 6 million won, 6.7 for those earning 2 million won to under 4 million won and 5.5 for those earning less than 2 million won.

The average monthly income for a single-person household in 2024 was 2.85 million won, according to the Ministry of Data and Statistics.

The happiness index also rose with income. Those earning 8 million won or more scored 7.8, compared to 5.0 for those earning less than 2 million won.

The highest-income group also reported a better work-life balance, scoring 6.0, compared to 4.7 for the lowest-income group.

But middle-aged single-person households were less likely to feel connected to their communities. Asked whether they felt a sense of belonging to their local community, they gave an average score of 3.4, lower than the 4.3 reported by married couples in the same age group.

Men in their 40s living alone scored the lowest among all groups, at 3.0.

Single middle-aged Seoulites were also less likely to take part in group activities, with 76.2 percent doing so, as compared to 83.3 percent of married people in the same age group.

The Seoul Metropolitan Government said it would use the findings to develop policies for the growing number of middle-aged people living alone, including measures to address loneliness and social isolation.



Source link

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous Post

Humm (HUM ASX) founder Andrew Abercrombie quits after misleading investors over Credit Corp takeover

Next Post

Charities in Bradford told to review financial procedures

Categories

  • 841

    Art Investment

  • 4758

    Finance

  • 5663

    Investors

  • 3851

    Money

  • 3921

    Mortgage

  • 2227

    Property Investments

  • 3503

    Trading

Latest Updates

Warning ‘you won’t get money or…

Asos to sell Lichfield fulfilment centre…

Coppa Collective navigates tough backdrop, revenue…

  • Recent
  • Popular
  • Trendy
Money

Warning ‘you won’t get money or refund’ as shops set to close

  • By  Campbell
Finance

Asos to sell Lichfield fulfilment centre to M&S, shares spark

  • By  Campbell
Investors

Coppa Collective navigates tough backdrop, revenue grows

  • By  Campbell
Mortgage

‘It makes me shudder’: broker warns on rogue social media advice

  • By  Campbell
Art Investment

What Luxury Investment Are The 1% Like Oprah Flocking To? Hint: It’s Not Real Estate

  • By  Campbell
Art Investment

Artscapy | EIS Crowdfunding Investment

  • By  Campbell
Art Investment

Best Art Investments and Platforms in 2024 • Benzinga

  • By  Campbell
Finance

Why is Japan changing its ban on exporting lethal weapons, and why is it so controversial?

  • By  Campbell
Trading

Gold IG client sentiment: traders net-long first time since 1 Mar 2024, when it was near 2,082.75.

  • By  Campbell
Art Investment

Local firm elevates Event Industry with state-of-the-art videowall technology investment

  • By  Campbell
Finance

EXL named a Leader in 2024 Gartner® Magic Quadrant™ for Finance and Accounting Business Process Outsourcing

  • By  Campbell

Info

  • Contact Us
  • Privacy Policy
  • Terms and Conditions

Related Posts

Money blog: M&S gives update after hack; expected ISA cut ‘won’t work’, expert tells Sky…

Witness testifies about Stormy Daniels in Trump hush money trial

Opinion | Sex, Power, Money and ‘Mr. McMahon’

Hush-money trial: Did Trump ‘cook the books’?

Copyright © 2024 Investor Fact Check.