179 children aged 5 and under reported real estate rental income in 2024

According to National Tax Service data, 179 children aged 0 to 5 were counted as having reported real estate rental income in 2024. This figure was confirmed through annual data on real estate rental income reported by minors, which Rep. Moon Jinseok of the Democratic Party of Korea, a member of the National Assembly’s Planning and Finance Committee, made public on the 7th. By age, 5yearolds accounted for the most at 71, followed by 4yearolds at 51, 3yearolds at 33, 2yearolds at 15, and 0 to 1yearolds at 9. The average rental income per person ranged from 12.3 million to 18.4 million won, depending on the age group. Compared with the resident registration population statistics of the Ministry of the Interior and Safety, about 0.01% of the 1.582 million children aged 0 to 5 in 2024 reported rental income. However, the number of reporters in this age group has recently been on a downward trend, with 252 in 2020, 238 in 2021, 250 in 2022, and 217 in 2023.