All EOS blogs All Spain blogs  Start your own blog Start your own blog 

Live News From Spain As It Happens

Keep up to date with all the latest news from Spain as it happens. The blog will be updated constantly throughout the day bringing you all the latest stories as they break.

Rags to riches: Wealthiest and most hard-up towns revealed
12 November 2018 @ 13:55

SPAIN'S wealthiest and poorest towns have been revealed, with similar results to the last study, in August 2016,, which put the Madrid 'celebrity belt' satellite town of Pozuelo de Alarcón as the richest in the country.

Home to footballers, actors, politicians and property tycoons, many of whom live in gated urbanisations – particularly the luxury complex known as La Finca (pictured), the most élite housing estate in the country – each resident in Pozuelo de Alarcón earns a gross average of €72,993 per year.

This is up from €70,298 in 2016, showing the town's inhabitants are not suffering the effects of wage cuts – and, in fact, according to tax office data, not a single person in Pozuelo is registered as unemployed.

Contrast this with the village of Zahínos (second picture) in the far-western land-locked region of Extremadura – sitting in the province of Badajoz just a few kilometres from the Portuguese border, its 2,819 inhabitants live off the coal industy and their gross average income per head is just €11,166 – below the tax threshold, meaning a monthly income of just €863.60 compared with Pozuelo's €4,136.20.


Top 10 wealthiest towns closest to Madrid and Barcelona...except Rocafort (Valencia)

Once again, the wealthiest towns in Spain are those within roughly a 40-kilometre radius of Barcelona and Madrid: Pozuelo is just 27 kilometres north-west of the city, whilst the second-richest town, Matadepera, is 31 kilometres outside of Barcelona with a gross annual per capita income of €54,113, taking over from Majadahonda, 32 kilometres to the north of Madrid, whose annual per-head income has gone down from €56,000 in 2016 to around €51,000 in 2018.



Like 0


Only registered users can comment on this blog post. Please Sign In or Register now.


This site uses cookies. By continuing to browse you are agreeing to our use of cookies. More information here. x