3 Easy Ways to Check Your Average Monthly Income!

Want to know your exact income?Average monthly income is an important indicator in various areas, including housing support and welfare benefits. However, the complex procedures and difficult terminology often cause confusion. This article explains in a simple and clear way how to check your average monthly income using three methods: the National Health Insurance Service, the National Tax Service, and the National Pension Service.

Why should you know your average monthly income?

• Housing Support: Determining eligibility for housing-related support programs such as housing subscriptions and rental housing applications
• Welfare Benefits: Determining eligibility for various welfare benefits such as the National Basic Livelihood Security System, disability pensions, and child allowances
• Loans: Determining eligibility for low-interest loans such as the Saetbyul loan from the Korea Credit Guarantee Fund

Three Ways to Check Your Average Monthly Income

🔗 Three Ways to Check Your Average Monthly Income

1. National Health Insurance Service (NHIS)

• Target: Employees (office workers)
• Method: After logging in to the website, go to "Personal Services" -> "Premium Inquiry/Application" -> "Employment Insurance Premium Inquiry" menu to check the "Monthly Salary".
• Advantages: Convenient inquiry
• Disadvantages: Self-employed individuals and freelancers cannot check.

2. National Tax Service (NTS) Hometax

• Target: Self-employed individuals, freelancers, and those in special types of employment, etc.
• Method: After logging in to the website, issue an "Income Amount Certificate" under "Immediate Issuance Certificate", and calculate the total income amount divided by 12 months.
• Advantages: Various types of income can be checked.
• Disadvantages: Slightly complicated procedure

3. National Pension Service (NPS)

• Target: All National Pension subscribers, including employees, self-employed individuals, and freelancers.
• Method: After logging in to the website, go to "e-Government Services" -> "Individual" -> "Subscription Details Inquiry" menu to check the "Standard Monthly Income".
• Advantages: Comprehensive inquiry possible
• Disadvantages: It is difficult to check detailed income details.

Points to Note When Checking Average Monthly Income

• Inquiry Timing: If there have been recent changes in income, it is better to check the most recent information.
• Type of Income: Various types of income, such as employment income and business income, may be included.
• Before/After Tax: Average monthly income is generally based on pre-tax figures.
• Differences Between Institutions: Since the income calculation standards may differ between institutions, there may be slight differences in the inquiry results.

Frequently Asked Questions (FAQ)

• Where can I check the average monthly income of an employee? You can check it at the National Health Insurance Service or the National Pension Service.
• Where can I check the average monthly income of a self-employed person? You can check it at the National Tax Service Hometax or the National Pension Service.
• Should I add up the number of household members when checking the average monthly income? Yes, it is generally calculated by adding up the number of household members.
• What should I do if there is a problem with the average monthly income inquiry result? You can contact the relevant institution and file an objection.

Check your average monthly income right now and use it for various support programs!