Residents of Rincón de la Victoria enjoy the second highest average income in the province of Málaga, €27,282, according to data published by Spain’s tax agency last month. In the list of 74 municipalities in Málaga with over 1,000 residents, the difference between the wealthiest and the poorest is over €16,000.
Benahavís is home to the richest residents whose incomes average €28,443 while Almáchar returns the lowest figure of €12,032. The top five Málaga municipalities has not changed from last year with Benahavís and Rincñon de la Victoria followed by the city of Málaga (€25,180), Marbella (€24,791) and Alhaurin de la Torre (€24,714). The average income in the province is €22.631, which is €456 or two per cent up on the previous year.
Amongst towns east of the capital, Vélez-Málaga lies 14th with an average per capita income of €20,272 and Nerja is 20th with €18,784. Frigiliana is 27th with €17,105 while Torrox is one place lower on €17,051. Cómpeta is in 40th place with an average €15,828, Alcaucín is 47th on €15,123 and and Viñuela is 50th with €14,989.
Nationally, the wealthiest in Spain are the 86,500 residents of Pozuelo de Alarcón, a suburb of Madrid, whose average annual income is in excess of €72,000. At the other end of the scale is Zahínos, a small town in Badajoz, where the average is €11,166.