Balearic Islands

Esporles tops income ranking in the Balearic Islands

New tax data show that Esporles, Valldemossa and Puigpunyent had the highest average gross incomes per taxpayer in the Balearic Islands in 2024.

The Spanish tax authority Agencia Tributaria has updated its municipal statistics on Income tax (IRPF) for the 2024 tax year. In the Balearic Islands the ranking is led by Esporles, Valldemossa and Puigpunyent . The statistics give Esporles an average of €56,468, Valldemossa €49,102 and Puigpunyent €45,445 per taxpayer. The figures relate to taxpayers’ declared income in the respective municipalities and were reported by regional media on 1 October 2026, citing the official tables.

The Agencia Tributaria defines the figure as average gross income before tax and social security contributions across all submitted tax returns. In general, only municipalities with more than 1,000 inhabitants are included. In addition to average gross income, the authority publishes other aggregated figures, such as the taxable income base for income tax, the number of tax returns and the breakdown of income by category, including employment, capital, property and self-employment. This makes it possible to compare income structures systematically within the Illes Balears region.

The concentration of high averages in more rural, partly tourist-oriented municipalities such as Esporles, Valldemossa and Puigpunyent may have several causes. These include high property values and capital income in some households, as well as a relatively small number of taxpayers in municipalities with many second homes. Such patterns can push up the average without necessarily reflecting the income level of the resident population as a whole.

It is therefore important to distinguish averages based on tax returns from other measures of distribution. The average gross income alone cannot be used to draw conclusions about poverty or widespread prosperity. A social policy assessment should also consider indicators such as median income, poverty risk rates and the local employment structure. The current analysis does, however, provide reliable indications of where the tax base is particularly concentrated within the Balearic Islands.

The data are relevant to regional policy and municipal financial planning, for example in debates on the housing market, tax-raising capacity and infrastructure funding. The news follows publication of the updated municipal data for the 2024 tax year; the amounts cited for Esporles, Valldemossa and Puigpunyent come from the Agencia Tributaria tables and were made public on 1 October 2026.

Editor: Mira Cadena (Article created with AI assistance).

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