More Financially Secure Homes Have More Children

      August 27, 2010 07:13

      The higher the household income, the more children there are, Statistics Korea said on Thursday. According to the figures, married women aged between 35 and 44 with a household income of under W1 million (US$1=W1,193) a month had an average of 1.47 children, while those with monthly household income over W5 million had two.     

      But if women's own earnings were higher, the number of children dwindled. Women with a monthly income under W1 million had an average of 1.79 children in 2009; those earning between W1 million and W2 million had 1.64; and those earning over W2 million had 1.55.

      "Although the number of children tends to go down with the more income the woman in the family earned, that trend is compromised by the level of income earned by the husband," a Statistics Korea official said.

      The fertility rate in the household increased with the household asset. Families who owned their house had an average of 2.01 children, while those living in rented accommodation had 1.87.

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