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Income millionaires in Saxony-Anhalt: dramatic increase within 5 years!
The number of income millionaires in Jerichower Land has doubled. Find out the latest developments and statistics.
Income millionaires in Saxony-Anhalt: dramatic increase within 5 years!
There are significant changes in the financial landscape in Saxony-Anhalt. The number of income millionaires has doubled in the last five years. In 2021 there were already 283 people, which corresponds to a pleasing increase of 31% compared to the previous year. These developments are remarkable considering that in 2017 there were only 142 registered income millionaires. That's what he reports Hall indicator.
The increase is not only impressive in terms of numbers, but also financially. In total, the taxable income of millionaires in 2021 will be around 595.1 million euros. This represents an increase of 119.7 million euros or 25.2% compared to the previous year. The doubling of taxable income within five years clearly shows that the distribution of wealth is moving in a positive direction. On average, each income millionaire has a taxable income of 2.1 million euros.
Regional differences
It is also interesting to know where these millionaires are. The Jerichower Land district has the highest average taxable income of 3.6 million euros. This region seems to have a good hand for wealthy taxpayers, as it also has the highest income tax per taxpayer - 1.3 million euros. One in three taxpayers with millions in income can be found in one of the three independent cities, which highlights the urban centers as attractive places to live for the wealthy.
The taxpayer survey is based on long-standing statistical procedures, which is why the results for 2021 are only available now. The income is predominantly from commercial operations at 364.4 million euros, followed by income from self-employment (138.7 million euros) and non-self-employed work (51.8 million euros). These figures suggest that entrepreneurial activity is very popular in Saxony-Anhalt.
Germany in comparison
In terms of “millionaire density”, Saxony-Anhalt lags behind federal states such as Hamburg and Bavaria, where the density of income millionaires is highest. In Saxony-Anhalt, fewer than two out of 10,000 taxpayers are income millionaires, which underlines the particular importance of regional developments.
In summary, it can be said that the financial landscape in Saxony-Anhalt is in transition. From rising income millionaires to higher tax revenues, the region has potential that should be exploited. The growth is promising and could lead to an even broader economic base in the future.