Pozuelo & Matadepera: The Richest Towns In Spain

21 July 2016 – Expansión

Inhabitants of the towns of Pozuelo de Alarcón (Madrid), Matadepera (Barcelona), Boadilla del Monte, Majadahonda and Las Rozas (Madrid) declared the highest income figures, according to data from 2013 made public yesterday by the Tax Authorities (AEAT), which included Statistics about Income Tax filers in towns of more than 1,000 inhabitants for the first time. In Pozuelo de Alarcón, the average gross income amounted to €59,279 per year, whilst the average available income decreased to €42,579. In the town, 84,360 inhabitants recorded a total of 41,187 tax returns in 2013.

Second in the ranking came Matadepera, with an average gross income of €48,804 and an available income of €36,232.

Boadilla del Monte was ranked in third place, with an average gross income of €48,537 and an average available income of €353,85. Las Rozas was ranked fourth, with an average gross income of €47,148, just above Majadahona, with €46,173.

The average gross income of the more than 19 million income tax contributors amounted to €24,376 p.a. and the gross available income stood at €19,933 p.a.. Madrid and Barcelona accounted for 23 of the 25 towns with the highest incomes. Rocafort (Valencia) and Simancas (Valladolid) were the only towns to break the hegemony. Zafarraya (Granada) and Zahínos (Badajoz) were the towns with the lowest average gross income, recording €10,293 and €10,301, respectively.

The statistics contain data about gross income, income before tax, excluding tax credits and including exempt income, as well as about available income, which is gross income after tax, including social security contributions. It is worth noting that the information declared in the personal tax returns relates to all income received during the year, in other words, it includes retentions.

By autonomous region, Madrid took the lead with the highest average gross income (€31,766), ahead of Cataluña, which reported €27,540. Ranked between the two, however, were Ceuta and Melilla, with €31,152 and €29,209, respectively. This may be attributed in part to the fact that the percentage of tax contributors in Ceuta and Melilla is much lower, specifically, 32% and 31%, compared with the average of 46%. Asturias, with average gross income of €24,60, was the other autonomous region that was ranked above average (€24,602). Close behind it, although below the average, were Aragón (€24,561), the Balearic Islands (€24,241) and Cantabria (€24,159). The lowest average gross income figures were reported in Castilla-La Mancha (€21,028), Andalucía (€20,824) and Extremadura (€19,034).

Original story: Expansión (by Mercedes Serraller)

Translation: Carmel Drake

Pozuelo Consolidates Its Position As The Richest City In Spain

2 March 2016 – Expansión

Families living in Pozuelo have the highest incomes in Spain (€70,298) and Parla has the highest active population rate, at 70.5%. The cities with the highest average incomes in Spain are the Madrilenian suburbs of Pozuelo and Majadahonda – €56,164 – and Sant Cugat del Vallès, in Barcelona – €52,881 – which quintuple the average income in Torreviaje (Alicante) – €13,977 – the lowest.

The figures relate to 2013 and have been extracted from the Urban Indicators study published yesterday by the National Institute of Statistics (INE) for the European Urban Audit project, which compiles information about the living conditions in European cities and in the case of Spain, includes information about the 109 largest towns, on the basis of population density and the size of the urban centre.

After Torrevieja, the lowest average incomes are found in Sanlúcar de Barrameda and La Línea de la Concepción, both in Cádiz, with averages of just over €17,000.

The four cities with the highest active population rate in Spain are located in Madrid. Behind Parla, the ranking includes Fuenlabrada (69.4%), Torrejón de Ardoz (67.7%) and San Sebastián de los Reyes (67%). By contrast, the towns with the lowest active population rates are located in the North of the country. The lowest rate is in León (50.6%), followed by Ferrol (51.4%), Gijón (51.5%) and Avilés (52.1%).

The study also shows that the richest city in Spain, i.e. Pozuelo, is the one where unemployment is lowest, at 9%, followed by Las Rozas (10.2%), San Cugat de Vallès (10.4%) and Majadahonda (10.7%). These figures come in stark contrast to the rates of 42.3%, 40.1% and 39.4% registered in the towns with the most unemployment, namely Sanlúcar de Barrameda, La Línea de la Concepción and Jerez de la Frontera, all in Cádiz. (…).

If we consider employment by sector, then Elda (Alicante), Rubí (Barcelona) and Torrejón de Ardoz are the towns with the highest proportion of jobs in the industrial sector, whilst Pozuelo de Alarcón, Benidorm (Alicante) and Girona are the employment leaders in the services sector.

Barcelona is the city with the highest number of overnight tourists, with more than 18 million, followed by Madrid, with just over 17.5 million, Benidorm with 13 million and Palma de Mallorca with 8 million. Finally, the cities with the largest average household size were Pozuelo, Melilla and Ceuta, and those with the lowest were Huelva, Salamanca and Torrevieja.

Original story: Expansión (Mercedes Serraller).

Translation: Carmel Drake