Over this 23-year period, annual wages in Spain fluctuated greatly, ranging from a low of 28,685 euros in 2006 to a high of approximately 31,910 euros in 2009. The average annual wage stood at approximately 30,655 euros in 2023. Compared to other European countries, Spain ranked fairly low in 2022. The annual salary in the Iberian country was similar to salaries in Italy and Slovenia, but remained far from the figures that were registered in France, Ireland and Germany. Minimum wage Spain's minimum monthly wage was 1,134 euros as of 2024. Unlike the average annual wage, it has been constantly increasing on a nearly continuous basis since 2008, when the minimum wage was 600 euros per month. In 2019, the Socialist government of Spain passed a law by that increased the national minimum wage by 164 euros, therefore making it stand at 900 euros per month and reflecting the largest increase to date. Along with the monthly wage, the national minimum daily wage has also been raised consistently over the past years. In 2024, the gross minimum was 37.8 euros a day, whereas in 2000 it was 20 euros a day. Unequal pay The average salary in Spain diverges considerably according to different factors. For instance, the gender salary gap remains significant in the Mediterranean country, although it has shrunk in recent years. In 2021, the average salary for a male full-time employee was around nine percent higher than his female counterpart. The gender gap is even wider for permanent positions: that year, average annual salaries for women were roughly 6,000 euros less than average salaries for men. The salary gap is also conspicuous when looking at the wage for workers with disabilities, a gap that has increased in recent years. Geographic location is also important; the average net salary in regions such as Extremadura and the Canary Islands was less than 23,100 euros per year in 2022, far from the salary in the Basque Country and Madrid (32,300 and 31,200 euros, respectively).

In 2022, the Basque Country registered the highest average annual wage in Spain, with approximately 32,313 euros per year. The second and third best-paid regions were the Community of Madrid and Navarre with over 29,000 euros each. Spain's minimum monthly wage was 1,134 euros in 2024, with a daily minimum wage of 37.8.

The average pre-tax income of the top ten percent earners in Spain was over 95,500 euros at purchasing power parity (PPP) as of 2022, almost nine times more than the average income of the bottom half earners. Looking at the distribution of national income in Spain, the earnings of the least affluent half of the population equated to 21 percent of the total country income in 2022, 0.1 percentage points less than one decade earlier. Moreover, the top one percent of earners in Spain accounted for over ten percent of the overall national income.

About this dataset

Context

The dataset presents median income data over a decade or more for males and females categorized by Total, Full-Time Year-Round (FT), and Part-Time (PT) employment in Madrid. It showcases annual income, providing insights into gender-specific income distributions and the disparities between full-time and part-time work. The dataset can be utilized to gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals.

Key observations: Insights from 2021

Based on our analysis ACS 2017-2021 5-Year Estimates, we present the following observations: - All workers, aged 15 years and older: In Madrid, while the Census reported a median income of $17,951 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.

Because income data for males was not available from the Census Bureau, conducting a comprehensive analysis of gender-based pay disparity in the town of Madrid was not possible.

- Full-time workers, aged 15 years and older: In Madrid, among full-time, year-round workers aged 15 years and older, males earned a median income of $52,694, while females earned $31,617, leading to a 40% gender pay gap among full-time workers. This illustrates that women earn 60 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.

https://i.neilsberg.com/ch/madrid-al-income-by-gender.jpeg" alt="Madrid, AL gender based income disparity">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Gender classifications include:

• Male
• Female

Employment type classifications include:

• Full-time, year-round: A full-time, year-round worker is a person who worked full time (35 or more hours per week) and 50 or more weeks during the previous calendar year.
• Part-time: A part-time worker is a person who worked less than 35 hours per week during the previous calendar year.

Variables / Data Columns

• Year: This column presents the data year. Expected values are 2010 to 2022
• Male Total Income: Annual median income, for males regardless of work hours
• Male FT Income: Annual median income, for males working full time, year-round
• Male PT Income: Annual median income, for males working part time
• Female Total Income: Annual median income, for females regardless of work hours
• Female FT Income: Annual median income, for females working full time, year-round
• Female PT Income: Annual median income, for females working part time

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Madrid median household income by gender. You can refer the same here

Wages in Spain increased to 2442.32 EUR/Month in the fourth quarter of 2024 from 2205.43 EUR/Month in the third quarter of 2024. This dataset provides the latest reported value for - Spain Average Nominal Monthly Wage - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

About this dataset

Context

The dataset illustrates the median household income in Madrid town, spanning the years from 2010 to 2023, with all figures adjusted to 2023 inflation-adjusted dollars. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2023, the median household income for Madrid town increased by $6,138 (9.79%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $5,602 (7.68%) between 2010 and 2023.

Analyzing the trend in median household income between the years 2010 and 2023, spanning 13 annual cycles, we observed that median household income, when adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 7 years and declined for 6 years.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 0223

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2023
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2023 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Madrid town median household income. You can refer the same here

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Madrid. Based on the latest 2017-2021 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Madrid. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2021

In terms of income distribution across age cohorts, in Madrid, the median household income stands at $66,206 for householders within the 25 to 44 years age group, followed by $60,126 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $52,019.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Madrid median household income by age. You can refer the same here

Key information about Spain Household Income per Capita

• Spain Annual Household Income per Capita reached 14,807.750 USD in Dec 2022, compared with the previous value of 15,385.010 USD in Dec 2021.
• Spain Annual Household Income per Capita data is updated yearly, available from Dec 2007 to Dec 2022, with an averaged value of 13,903.387 USD.
• The data reached an all-time high of 16,562.434 USD in Dec 2008 and a record low of 11,880.468 USD in Dec 2015.
• In the latest reports, Retail Sales of Spain grew 3.100 % YoY in Dec 2023.

CEIC converts Annual Household Income per Capita into USD. National Statistics Institute provides Average Household Income per Capita in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. Annual Household Income per Capita covers Net Household Income only.

Among the cultural activities in Spain in 2022, broadcasting activities ranked highest on the average annual salary with almost 41.7 thousand euros annually. This figure represented around 16 thousand euros more than the national average for all cultural occupations that year.

About this dataset

Context

The dataset illustrates the median household income in Madrid, spanning the years from 2010 to 2021, with all figures adjusted to 2022 inflation-adjusted dollars. Based on the latest 2017-2021 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2021, the median household income for Madrid decreased by $35,523 (41.54%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $4,559 (6.51%) between 2010 and 2021.

Analyzing the trend in median household income between the years 2010 and 2021, spanning 11 annual cycles, we observed that median household income, when adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 5 years and declined for 6 years.

https://i.neilsberg.com/ch/madrid-al-median-household-income-trend.jpeg" alt="Madrid, AL median household income trend (2010-2021, in 2022 inflation-adjusted dollars)">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2021
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2022 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Madrid median household income. You can refer the same here

The national minimum wage per month in Spain increased steadily over the last years. The minimum monthly wage grew by about 89 percent from 2008 to 2024, with salaries increasing from 600 euros a month to 1,134 euros a month in 2023. In 2019, the Socialist government of Spain passed a decree by which the national minimum wage would be given a boost of 164 euros, therefore making it stand at 900 euros per month as of that year, the largest increase to date.

Salaries in Spain

Along with the monthly wage, the national minimum daily wage also grew consistently over the past years, with the gross minimum standing at 37.8 euros a day in 2024 relative to 20 euros a day in 2008. Annual wages in Spain have however not followed this trend and fluctuated greatly during the same period. The highest average wage registered in Spain took place in 2009, year in which the mean salary amounted to over 30,000 euros a year after a period of ongoing growth. Spanish salaries however initiated a downtrend that prompted the average worker to earn approximately 29,113 thousand euros a year in 2022.

Salaries in Europe

Iceland ranked as the European country that featured the highest salaries in 2022, with an average wage of approximately 79,473 euros a year. Luxembourg and Switzerland followed second and third, with average salaries of 78,000 and 73,000 a year, respectively. In terms of growth, Portugal ranked as the country that saw the lowest decrease in salaries in 2022 compared to the previous year, with a development of -0.2 percent more relative to 2021, during that year, no European country registered an increase in real wages.

Women and Men in Spain: Average annual net income per household, person and consumption unit, by type of household. Annual. National.

About this dataset

Context

The dataset tabulates the Madrid household income by gender. The dataset can be utilized to understand the gender-based income distribution of Madrid income.

Content

The dataset will have the following datasets when applicable

Please note: The 2020 1-Year ACS estimates data was not reported by the Census Bureau due to the impact on survey collection and analysis caused by COVID-19. Consequently, median household income data for 2020 is unavailable for large cities (population 65,000 and above).

• Madrid, NE annual median income by work experience and sex dataset : Aged 15+, 2010-2022 (in 2022 inflation-adjusted dollars)
• Madrid, NE annual income distribution by work experience and gender dataset (Number of individuals ages 15+ with income, 2021)

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Interested in deeper insights and visual analysis?

Explore our comprehensive data analysis and visual representations for a deeper understanding of Madrid income distribution by gender. You can refer the same here

About this dataset

Context

The dataset presents the median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau in Madrid town. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. It also showcases the annual income trends, between 2013 and 2023, providing insights into the economic shifts within diverse racial communities.The dataset can be utilized to gain insights into income disparities and variations across racial categories, aiding in data analysis and decision-making..

Key observations

• White: In Madrid town, the median household income for the households where the householder is White increased by $16,021(29.76%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $53,840 in 2013 and $69,861 in 2023.
• Black or African American: Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2013 and 2023.
• Refer to the research insights for more key observations on American Indian and Alaska Native, Asian, Native Hawaiian and Other Pacific Islander, Some other race and Two or more races (multiracial) households

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Madrid town.
• 2010: 2010 median household income
• 2011: 2011 median household income
• 2012: 2012 median household income
• 2013: 2013 median household income
• 2014: 2014 median household income
• 2015: 2015 median household income
• 2016: 2016 median household income
• 2017: 2017 median household income
• 2018: 2018 median household income
• 2019: 2019 median household income
• 2020: 2020 median household income
• 2021: 2021 median household income
• 2022: 2022 median household income
• 2023: 2023 median household income
• Please note: All incomes have been adjusted for inflation and are presented in 2023-inflation-adjusted dollars.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Madrid town median household income by race. You can refer the same here

Spain Household Annual Net Income: Avg data was reported at 36,996.000 EUR in 2023. This records an increase from the previous number of 34,821.000 EUR for 2022. Spain Household Annual Net Income: Avg data is updated yearly, averaging 28,787.000 EUR from Dec 2007 (Median) to 2023, with 17 observations. The data reached an all-time high of 36,996.000 EUR in 2023 and a record low of 26,092.000 EUR in 2014. Spain Household Annual Net Income: Avg data remains active status in CEIC and is reported by National Statistics Institute. The data is categorized under Global Database’s Spain – Table ES.H021: Households Net Income.

Real Madrid Football Club reported a net finance loss of more than three million euros in the twelve month period ended on June 30, 2022. In the previous season, the famous Spanish soccer club experienced a similar annual loss. In the depicted years, 2014/2015 was the most difficult for Real Madrid's finances, with net losses amounting to approximately eight million euros.

The impressive wage budgets of Spanish soccer clubs

The two leading Spanish soccer squads, Real Madrid and FC Barcelona, are worldwide known due to their success in championships and the hefty salaries of their players. In 2013, La Liga —the highest men’s soccer division in Spain— introduced a salary limit for its member teams based on their annual revenue, costs, and debt from the previous season. Real Madrid had the highest salary cap for the season 2020/2021, surpassing FC Barcelona’s by more than 80 million euros. Gareth Bale was the best-paid Real Madrid player and one of the top 10 worldwide in 2021.

Real Madrid’s fandom in Spain

Challenging the most immediate guess, the Community of Madrid does not host the highest number of Real Madrid fan clubs in Spain. It is Andalusia, located in the south of the country, that takes the top place, with 467 official clubs as of mid-2020. Castile-La Mancha and Extremadura also outranked the team’s home region, which in that same year counted 219 fan clubs.

In 2023, the average gross monthly salary of people aged 55 and over in Spain was 2,478 euros. In contrast, employees in the 16-24 age group had a gross salary of 1,387 euros per month, almost half the salary of the 55 and older group.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Madrid town. Based on the latest 2018-2022 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Madrid town. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2022

In terms of income distribution across age cohorts, in Madrid town, the median household income stands at $87,639 for householders within the 45 to 64 years age group, followed by $64,427 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $47,995.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2018-2022 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Madrid town median household income by age. You can refer the same here

In the summer transfer period for the 2023/2024 season of La Liga, Real Madrid was allowed to spend up to roughly 727.5 million euros on salaries, setting the highest spending limit among the 20 soccer teams in the Spanish top-tier soccer league in that season. Atlético de Madrid had the second-highest salary cap, while the FC Barcelona ranked third with a limit of 270 million euros.

The salary cap, known as ‘límite de coste de la plantilla deportiva (LCPD)’ in Spain, is approved by La Liga based on a proposal for the upcoming season given by each club. To calculate the final amount, the clubs’ expected revenues and their non-sport expenses are considered.

FC Barcelona: struggling financially?

The FC Barcelona’s net profit in 2022/2023 was the highest recorded since over one decade, surpassing 350 million euros. Versus the previous season, this represented an increase of 260 percent. Meanwhile, the Spanish club’s operating revenue also reached a record of 1.26 billion euros. Nonetheless, FC Barcelona lost one spot in the annual salary cap ranking in the 2023/2024 season.

La Liga’s transfer spending

With total transfer fees amounting to over 700 million euros in the 2023 season, the Spanish soccer market’s spending remained below pre-pandemic levels, though significantly higher than in 2020 and 2021. In those years, this spending dropped more than 63 percent and 76 percent versus 2019, reaching the lowest spending since 2013. Behind the English Premier League, La Liga is the second most valuable soccer market among European leagues.

Residents of the Balearic Islands, Catalonia, and the Community of Madrid spent more than half of their gross income on rent in 2022. In contrast, renting a home was substantially more affordable in communities such as Castile-La Mancha and Extremadura. In these Spanish regions, the average rent was about a quarter of the gross income.