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It has been found that the assets of single-person households living in Seoul differ by up to 2.4 times depending on their autonomous district.
In particular, the asset gap was larger than the income gap, which is interpreted as being influenced by real estate prices across different districts.
According to the Seoul Welfare Foundation's "Seoul Welfare Through Data," the assets of single-person households in Seoul showed a difference of about 2.4 times at maximum depending on their district of residence.
The foundation analyzed 921,328 Seoul citizens who met the single-person household criteria for the entire year of 2024, utilizing pseudonymized information from KCB, Shinhan Card, and SK Telecom.
The results were organized using an index that converts the median income and assets of all single-person households in Seoul to 100, displaying higher values for those above and lower values for those below this baseline.
According to the analysis results, single-person households residing in Seocho-gu had the highest asset index at 162.9, followed by Gangnam-gu at 156.7, Yongsan-gu at 122.8, and Seongdong and Songpa-gu at 119.9.
The district with the lowest asset index was Gangbuk-gu at 69.3, while Gwanak-gu at 75.8 and Guro-gu at 83.3 also showed low levels.
Seocho-gu, which has the highest asset index, recorded about 2.35 times that of Gangbuk-gu, meaning that the actual assets of single-person households living in the two districts show a gap of about 2.35 times.
Considering that most assets of domestic households are concentrated in physical assets such as real estate, it is estimated that differences in real estate prices among districts have a significant impact.
For the income index, Seocho-gu was also the highest at 116.1, followed by Gangnam-gu at 109.7, and Yeongdeungpo-gu ranked third at 106.5, standing shoulder to shoulder with Yongsan and Songpa-gu.
Although its asset index ranked 7th among the districts at 113.5, Yeongdeungpo-gu appeared to have a higher income level as it encompasses Yeouido, a major business district.
On the other hand, Gangbuk, Nowon, and Dongdaemun-gu recorded the lowest at 90.3, and Seongbuk-gu also recorded 91.8.
The income index gap was at a maximum of about 1.29 times, which was not as large as the asset gap.
The foundation explained that while the income index has limitations such as reflecting mainly earned income, it will serve as a meaningful reference material as it has accumulated a sufficient data sample of nearly 100,000 analysis subjects.
Detailed analysis results can be found on the "Seoul Welfare Through Data" page (welfare.seoul.kr/web/contents/archive1-10.do).
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