In 2024, the average annual net household income in Spain was ******* euros. Far from the national average was the net household income in the southern region of ***********, where it was less than ****** euros. The community with the highest average income was Madrid, with more than *******euros.

Key information about Spain Household Income per Capita

• Spain Annual Household Income per Capita reached 16,014.907 USD in Dec 2024, compared with the previous value of 15,229.821 USD in Dec 2023.
• Spain Annual Household Income per Capita data is updated yearly, available from Dec 2007 to Dec 2024, with an averaged value of 11,559.824 USD.
• The data reached an all-time high of 16,014.907 USD in Dec 2024 and a record low of 11,559.824 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.

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

Spain’s average income per capita has increased every year since 2014, when the Sovereign Debt Crisis caused a recession. In 2024, the figure amounted to ****** euros after taxes, up from ****** euros the previous year. Though this is the highest level to date, the increase is only slightly faster than inflation. Age and regional differences The net income per person broken down into age groups shows that young workers, aged between 16 and 29, earn almost ***** euros less annually than the national average and more than ************** euros bellow the average income of workers above **. This is to be expected, as workers gain experience and expertise as they age. However, regional differences are more remarkable. In the autonomous community with the highest average annual net income, the Basque Country, that figure exceeded ****** euros in 2023, while Murcia, which ranked as the region with the lowest average income, registered an average of approximately ****** euros per that year. Disposable income The income which remains once taxes and social security charges are deduced is known as disposable income. As of 2023, household savings as share of total disposable income in Spain stood at *** percent. However, savings in relation to disposable income are is expected to diminish in the following years. During the last decade, and particularly throughout the Spanish Sovereign Debt Crisis, the country’s households suffered from high rates of indebtedness in relation to gross disposable income. At the peak in 2013, the indebtedness ratio, the ratio of debt to annual income, exceeded *** percent. The ratio has since decreased and stood at ***** percent in the third quarter of 2022.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Spanish Fork. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Spanish Fork. 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 2023

In terms of income distribution across age cohorts, in Spanish Fork, householders within the 45 to 64 years age group have the highest median household income at $126,940, followed by those in the 25 to 44 years age group with an income of $98,497. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $80,918. Notably, householders within the under 25 years age group, had the lowest median household income at $63,472.

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 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 2023 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 Spanish Fork median household income by age. You can refer the same here

In 2023, the average annual net household income in Spain was 34,821 euros. Far from the national average was the net household income in the southern regions of Extremadura and Andalusia, where it was less than 30,000 euros. The community with the highest average income was Madrid, with more than 42,900 euros.

In 2024, the average annual net income per capita in Spain was ****** euros. The autonomous community with the highest average annual net income was the Basque Country, where it exceeded ****** euros. In contrast, Murcia was the region with the lowest average income, with ****** euros per year.

Spain Household Annual Net Income: Avg: Galicia data was reported at 26,533.000 EUR in 2016. This records an increase from the previous number of 25,980.000 EUR for 2015. Spain Household Annual Net Income: Avg: Galicia data is updated yearly, averaging 26,267.000 EUR from Dec 2007 (Median) to 2016, with 10 observations. The data reached an all-time high of 27,986.000 EUR in 2009 and a record low of 25,614.000 EUR in 2014. Spain Household Annual Net Income: Avg: Galicia data remains active status in CEIC and is reported by National Statistics Institute. The data is categorized under Global Database’s Spain – Table ES.H017: Households Net Income.

Spain ES: Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 15.400 % in 2021. This records a decrease from the previous number of 16.500 % for 2020. Spain ES: Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 14.750 % from Dec 1980 (Median) to 2021, with 30 observations. The data reached an all-time high of 17.800 % in 2013 and a record low of 11.200 % in 1990. Spain ES: Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Spain – Table ES.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

The average pre-tax income of the top ten percent earners in Spain was over 120,000 euros at purchasing power parity (PPP) as of 2024, 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 2024, 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 the the household distribution across 16 income brackets among four distinct age groups in Spanish Fork: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..

Key observations

• Upon closer examination of the distribution of households among age brackets, it reveals that there are 762(6.39%) households where the householder is under 25 years old, 5,371(45.01%) households with a householder aged between 25 and 44 years, 3,659(30.66%) households with a householder aged between 45 and 64 years, and 2,141(17.94%) households where the householder is over 65 years old.
• The age group of 45 to 64 years exhibits the highest median household income, while the largest number of households falls within the 25 to 44 years bracket. This distribution hints at economic disparities within the city of Spanish Fork, showcasing varying income levels among different age demographics.

Content

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

Income brackets:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $100,000 to $124,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Household Income: This column showcases 16 income brackets ranging from Under $10,000 to $200,000+ ( As mentioned above).
• Under 25 years: The count of households led by a head of household under 25 years old with income within a specified income bracket.
• 25 to 44 years: The count of households led by a head of household 25 to 44 years old with income within a specified income bracket.
• 45 to 64 years: The count of households led by a head of household 45 to 64 years old with income within a specified income bracket.
• 65 years and over: The count of households led by a head of household 65 years and over old with income within a specified income bracket.

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 Spanish Fork median household income by age. You can refer the same here

Spain Household Annual Net Income: Avg: Region of Murcia data was reported at 23,574.000 EUR in 2016. This records an increase from the previous number of 22,425.000 EUR for 2015. Spain Household Annual Net Income: Avg: Region of Murcia data is updated yearly, averaging 23,737.500 EUR from Dec 2007 (Median) to 2016, with 10 observations. The data reached an all-time high of 26,995.000 EUR in 2007 and a record low of 21,269.000 EUR in 2013. Spain Household Annual Net Income: Avg: Region of Murcia data remains active status in CEIC and is reported by National Statistics Institute. The data is categorized under Global Database’s Spain – Table ES.H017: Households Net Income.

Spain Household Annual Net Income: Avg: Community of Madrid data was reported at 31,370.000 EUR in 2015. This records an increase from the previous number of 31,243.000 EUR for 2014. Spain Household Annual Net Income: Avg: Community of Madrid data is updated yearly, averaging 33,889.000 EUR from Dec 2007 (Median) to 2015, with 9 observations. The data reached an all-time high of 36,401.000 EUR in 2008 and a record low of 31,243.000 EUR in 2014. Spain Household Annual Net Income: Avg: Community of Madrid data remains active status in CEIC and is reported by National Statistics Institute. The data is categorized under Global Database’s Spain – Table ES.H017: Households Net Income.

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 Spanish Fort. 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 Spanish Fort, the median household income for the households where the householder is White increased by $23,800(25.88%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $91,962 in 2013 and $115,762 in 2023.
• Black or African American: In Spanish Fort, the median household income for the households where the householder is Black or African American decreased by $28,085(60.03%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $46,785 in 2013 and $18,700 in 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 Spanish Fort.
• 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 Spanish Fort median household income by race. You can refer the same here

About this dataset

Context

The dataset presents median household incomes for various household sizes in Spanish Fort, AL, as reported by the U.S. Census Bureau. The dataset highlights the variation in median household income with the size of the family unit, offering valuable insights into economic trends and disparities within different household sizes, aiding in data analysis and decision-making.

Key observations

• Of the 7 household sizes (1 person to 7-or-more person households) reported by the census bureau, Spanish Fort did not include 7-person households. Across the different household sizes in Spanish Fort the mean income is $107,886, and the standard deviation is $41,569. The coefficient of variation (CV) is 38.53%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
• In the most recent year, 2021, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $36,560. It then further increased to $133,260 for 6-person households, the largest household size for which the bureau reported a median household income.

https://i.neilsberg.com/ch/spanish-fort-al-median-household-income-by-household-size.jpeg" alt="Spanish Fort, AL median household income, by household size (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.

Household Sizes:

• 1-person households
• 2-person households
• 3-person households
• 4-person households
• 5-person households
• 6-person households
• 7-or-more-person households

Variables / Data Columns

• Household Size: This column showcases 7 household sizes ranging from 1-person households to 7-or-more-person households (As mentioned above).
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific household size.

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 Spanish Fort median household income. You can refer the same here

Spain Household Annual Net Income: Avg: Cantabria data was reported at 27,024.000 EUR in 2016. This records an increase from the previous number of 25,787.000 EUR for 2015. Spain Household Annual Net Income: Avg: Cantabria data is updated yearly, averaging 26,109.000 EUR from Dec 2007 (Median) to 2016, with 10 observations. The data reached an all-time high of 31,234.000 EUR in 2008 and a record low of 23,905.000 EUR in 2013. Spain Household Annual Net Income: Avg: Cantabria data remains active status in CEIC and is reported by National Statistics Institute. The data is categorized under Global Database’s Spain – Table ES.H017: Households Net Income.

Spain Household Annual Net Income: Avg: Principality of Asturias data was reported at 27,020.000 EUR in 2015. This records an increase from the previous number of 25,909.000 EUR for 2014. Spain Household Annual Net Income: Avg: Principality of Asturias data is updated yearly, averaging 27,364.000 EUR from Dec 2007 (Median) to 2015, with 9 observations. The data reached an all-time high of 30,881.000 EUR in 2008 and a record low of 25,623.000 EUR in 2013. Spain Household Annual Net Income: Avg: Principality of Asturias data remains active status in CEIC and is reported by National Statistics Institute. The data is categorized under Global Database’s Spain – Table ES.H017: Households Net Income.

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 Spanish Fork. 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 2011 and 2021, 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 Spanish Fork, the median household income for the households where the householder is White increased by $13,668(17.33%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $78,847 in 2011 and $92,515 in 2021.
• 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 2011 and 2021.
• 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

https://i.neilsberg.com/ch/spanish-fork-ut-median-household-income-by-race-trends.jpeg" alt="Spanish Fork, UT median household income trends across races (2011-2021, 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.

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 Spanish Fork.
• 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
• Please note: 2020 1-Year ACS estimates data was not reported by Census Bureau due to impact on survey collection and analysis during COVID-19, thus for large cities (population 65,000 and above) median household income data is not available.
• Please note: All incomes have been adjusted for inflation and are presented in 2022-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 Spanish Fork median household income by race. You can refer the same here

Spain Household Annual Net Income: Avg: Basque Country data was reported at 34,203.000 EUR in 2016. This records an increase from the previous number of 34,054.000 EUR for 2015. Spain Household Annual Net Income: Avg: Basque Country data is updated yearly, averaging 34,363.500 EUR from Dec 2007 (Median) to 2016, with 10 observations. The data reached an all-time high of 37,707.000 EUR in 2008 and a record low of 33,053.000 EUR in 2014. Spain Household Annual Net Income: Avg: Basque Country data remains active status in CEIC and is reported by National Statistics Institute. The data is categorized under Global Database’s Spain – Table ES.H017: Households Net Income.

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: Household Net Income.