Formentera del Segura and San Fulgencio among the municipalities with the lowest declared incomes
2024 income tax data place three towns in Alicante near the bottom of the regional rankings. Two of them, Formentera del Segura and San Fulgencio, are neighbours of Guardamar in the Vega Baja. Their residents declare average incomes between 27% and 31% below the Valencian Community average.
The Vega Baja once again features towards the lower end of income statistics. According to Tax Agency data on personal income tax returns for the 2024 tax year, two municipalities in the comarca are among the five with the lowest average gross income per return in the Valencian Community.
The lowest figure is in Venta del Moro, inland in Valencia province, at €19,209 per return. It is followed by:
Hondón de los Frailes (Alicante), at €20,156; Massalavés (Valencia), at €20,764; Formentera del Segura, at €20,850; San Fulgencio, at €21,946.
The regional average is €30,133 gross per return, or €24,395 after tax and social security contributions are deducted (disposable income).
In the Vega Baja, Formentera del Segura (population 4,868) filed 2,063 returns, with average disposable income of €17,908. San Fulgencio, which borders Guardamar del Segura and has 9,769 residents, filed 4,138 returns, with average disposable income of €18,794.
At the other end of the scale is Rocafort, in the Valencia metropolitan area. With €60,881 per return, it has the highest average income of any municipality in the Valencian Community. The gap with Venta del Moro is more than €41,600.
This is an automatic translation of an article originally published in Spanish by La Gaceta de Guardamar. If in doubt, the Spanish version prevails. Read the original · More news in English