News FAQWirtschaft & Innovation

Valldemossa Tops the List: What Does the High Average Income Actually Mean?

Valldemossa’s Income Ranking: What the Numbers Really Mean

Valldemossa topped the Balearic income ranking in 2023, but the average does not show how income is distributed locally.

Published: April 22, 2026
Valldemossa Tops the List: What Does the High Average Income Actually Mean?

Answer

Does Valldemossa really have the highest income in Mallorca?

Valldemossa stood out in 2023 with the highest average net income in the Balearic Islands, at roughly €22,100 per person a year. That does not mean every resident is well off, because averages can be lifted by a small number of wealthy households, second homes, and rental income. It is a useful indicator, but not a full picture of everyday life in the village.

More questions on this topic

Related follow-up questions from the same article, collected in one place.