2023-05-22 14:44:48
The neighborhoods with the highest average annual net income per inhabitant, with data from 2020, were El Viso (40,815 euros/year), Recoletos (37,067 euros) and Castellana (36,660 euros), all three in Madrid, according to the report ‘Urban Indicators 2023 ‘ published by the National Statistics Institute (INE).
Within the cities there are also significant inequalities, according to the INE, which is why the statistics also collect data for levels below that of the city called ‘Sub-City District’ (SCD). In many cases, these levels coincide with the existing division into administrative districts or neighborhoods.
The current list of ‘SCD neighborhoods’ is made up of 17 municipalities: Alicante, Barcelona, Bilbao, Córdoba, Gijón, L’Hospitalet de Llobregat, Madrid, Málaga, Murcia, Palma de Mallorca, Las Palmas de Gran Canaria, Seville, Valencia, Valladolid, Vigo, Vitoria and Zaragoza. Altogether, yes523 ‘SCD neighborhoods’ are contemplated in the statistics.
Of the 10 neighborhoods with the highest income, seven are from Madrid and three from Barcelona. Those already mentioned are joined by Piovera (36,045 euros/year), Nueva España (34,317 euros), Almagro (33,101 euros) and the Aravaca-Plantio-Valdemarín area (30,073 euros). In between, the Catalans from Les Tres Torres (32,958 euros), Pedralbes (32,462), and Sant Gervasi-Galvany oest (30,407 euros).
Most of these neighborhoods have the most expensive housing prices in their cities, and also from all of Spain, although not in the same order according to income. Even some of the most expensive housing districts do not appear at the top of the INE income ranking.
With data on used home sales prices from idealisticcorresponding to the month of April, the neighborhood of Recoletos is the most expensive, by far, with 9,053 euros/m2reaching its maximum price in the historical series of the real estate marketplace in southern Europe.
The district with the highest income does not appear until the sixth position between both capitals. El Viso (6,756 euros/m2) is also behind Castellana (8,136 euros/m2) or Almagro (7,143 euros/m2), even in neighborhoods such as Jerónimos or Diagonal Mar and the Front Marítim del Poblenou, in Barcelona, which do not appear in the top 10 income of the INE.
Behind this block of used housing sales prices, the Barcelona neighborhoods of Pedralbes (6,351 euros/m2) and Les Tres Torres (6,127 euros/m2) stand out, ahead in price, but not in rent, of Madrid’s Nueva España (6,068 euros/m2) and Conde Orgaz-Piovera, different from the SCD neighborhood of the INE, with 4,620 euros/m2.
There is also a certain difference in the Aravaca-Plantío-Valdemarín area proposed by the INE, while idealista differentiates the prices of the three neighborhoods Aravaca (4,060 euros/m2), El Plantío (3,172 euros/m2) and Valdemarín (4,614 euros/ m2).
In contrast, the lowest incomes were located in Seville, in the Polígono Sur neighborhood of the South district (5,816 euros) and in the Los Pajaritos and Amate neighborhoods of the Cerro-Amate district, with 6,043 euros, and in the Alicante neighborhood of Juan XXIII (6,503 euros).
The urban areas of San Sebastián, Bilbao and Madrid concentrate the highest income
The published report includes data for the so-called Functional Urban Areas (AUF). Each AUF consists of a city and the municipalities that form its labor influence. 70 functional urban areas are defined for all of Spain.
A municipality belongs to the AUF of a city if 15% or more of its employed population moves to that city for work reasons. In 2022, the AUFs with the largest population were those of Madrid (with 6.98 million people), Barcelona (5.09 million) and Valencia (1.78 million).
The AUF of Donostia/St led the average annual net income per inhabitant in 2020, with 16,836 euros, followed by Bilbao (15,436 euros) and Madrid (15,407 euros). For their part, Torrevieja (8,441 euros), Lorca (9,402 euros) and Marbella (9,721 euros) were the Functional Urban Areas that presented the lowest income.
Sant Cugat del Vallés (Barcelona) and Pozuelo (Madrid), the municipalities with the lowest unemployment rate
Sant Cugat del Vallés, in Barcelona, is the municipality in Spain with the least unemployment, with an estimated average unemployment rate for 2022 of 5.2%. It is followed by Pozuelo de Alarcón (Madrid), with 5.8%. In third position is the Basque municipality of San Sebastián, with an unemployment rate of 6.5%, followed by Las Rozas de Madrid (6.7%) and the Madrid municipality of Majadahonda (6.7%).
On the contrary, the Cádiz municipality of La Línea de la Concepción is the one with the highest unemployment rate, with an estimated rate for 2022 of 29.3%, followed by Ceuta (28%), the Jaén municipality of Linares (25, 9%) and the municipalities of Jerez de la Frontera (Cádiz) and Granada, both with an unemployment rate of 24.2%. In fact, of the 15 municipalities with the highest average unemployment rates estimated for 2022, the majority are in Andalusia.
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