Mission Statement: to assist the integration of foreign residents living in Spain
By Catherine McGeer • Published: 19 Oct 2024 • 14:14 • 1 minute read
A Tale of Two Economies Image: Shutterstock/ saiko3p
A recent study reveals stark differences in wealth across the regions of Murcia and Cartagena, showcasing how income varies significantly from one area to another. In Murcia, the wealthiest neighbourhood around the Cathedral and San Bartolomé has a disposable income of €40,225. In contrast, the least affluent area, Los Ramos, has just €16,805. This highlights a huge gap of €23,400 after taxes.
Similarly, in Cartagena, the Cerro del Molinete area records the highest disposable income at €32,491. On the flip side, areas like La Aljorra and El Algar report much lower incomes of €18,434 and €19,022, creating a gap of €14,057.
These figures reflect more than just numbers—they show a divide in opportunities and quality of life for residents. While some enjoy a comfortable lifestyle, others struggle to make ends meet. Addressing these disparities is essential for building stronger, more united communities in our cities.
Nationally, the wealth gap widens even further, with La Moraleja in Madrid topping the list at a remarkable €136,703. As these statistics reveal, the economic divide remains a pressing issue, reminding us of the varying realities faced by residents in these cities.
For more Costa Calida news, articles and events click here
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don't already have one. Review our Privacy Policy for more information about our privacy practices.
I am an Irish writer who has been living in Spain for the past twenty years. My writing centers around the Costa Cálida. As a mother I also write about family life on the coast of Spain and every now and then I try to break down the world of Spanish politics!
Download our media pack in either English or Spanish.