The millionaires in Franconia: where the top earners live

The millionaires in Franconia: where the top earners live

A new survey by the State Office for Statistics gives rise to examining the distribution of income millionaires in Bavaria. There are interesting trends in Franconia, especially in Franconia, which are important for both the economy and the communities. The analysis not only shows the number of top earners, but also how these numbers can influence the image and development of the respective regions.

A look at the numbers: So many income millionaires live in Franconia

In 2020, a total of 6801 income millionaires were registered in Bavaria. These people are subject to unlimited tax and generated a total amount of income of at least one million euros. Compared to 2017, when 5702 people lived in this income group, there is a noticeable increase. In this context, Franconia is represented with a variety of cities and counties that accommodate a significant number of large earners.

The distribution in the individual regions

In Upper Franconia, the city of Bamberg leads the list of income millionaires with 5.0 millionaires per 10,000 inhabitants. A total of 38 millionaires live there. Coburg and Bayreuth follow close to Bamberg. The municipalities in Upper Franconia in particular show lively economic potential that is caused by these top earners.

Middle Franconia: Schwabach takes the tip

in Middle Franconia, Schwabach recorded the highest rate in Franconia with 6.8 income millionaires each. This settlement of prosperity could play an important role in regional economic development for the city. Erlangen and the district of Erlangen-Höchstadt also follow with high numbers, which indicates that the region is able to locate highly paid jobs.

Lower Franconia: Aschaffenburg as pioneer

In the Lower Franconia, the city of Aschaffenburg has cut heavily with 5.6 income millionaires per 10,000 inhabitants. This could have reasons that go beyond individual income, such as the attractiveness of the city for companies and investors. The economy in the region could benefit from these units of large -scale capital.

The meaning for society and economy

The increase in millionaires in the various regions also has social effects. Higher tax payments are often accompanied by higher income, which can contribute to an improvement in public infrastructure and social services. In addition, the presence of wealthy citizens often attracts further investments and companies, so that a positive cycle is created.

conclusion: the development continues

The barack culture in Bavaria is also evident in the distribution of the millionaires. While the numbers are rising, it remains to be seen how the regions of Franconia can position themselves in the competition for investors and immigrants. A focus should be on how municipalities can deal with this development and use prosperity sustainably in order to also support the less favored parts of the population.