Frankfurt and Taunus: Millionaires on the rise!

Frankfurt and Taunus: Millionaires on the rise!

Königstein im Taunus, Deutschland - Hessen is booming, and this is not only reflected in the economy, but also in the growing number of income millionaires. A new analysis shows that in Hesse the number of people with over one million euros in annual income in 2021 rose by more than 20 percent to around 2,860, compared to 2,355 in 2020. href = "https://www.tagesschau.de/inland/regional/hessen/hr-wieder- Mehr- Einsagemillionaere-in-hessen-100.html"> Tagesschau . The merits of these millionaires are particularly striking: on average each of them achieved over three million euros.

The Hessian income millionaires made up a total of 8.7 billion euros in income in 2021, which corresponds to 5.5 percent of total income in Hesse. Even though they only make up 0.1 percent of Hessian taxpayers. Of course, this increase also has a positive impact on the tax authorities: the tax revenue from these high -income citizens amount to impressive 3.5 billion euros, i.e. 58.2 percent more than in the previous year.

millionaire density in Frankfurt and the surrounding area

When it comes to the density of the millionaires of income, the Hochtaunuskreis leads with a proud 18.5 millionaires per 10,000 inhabitants. Together with Königstein, which acts like a magnet on wealthy personalities, he convinces with a top position in Hesse. According to frankfurt t-online Life 62.3 millionaires per 10,000 inhabitants. Frankfurt did not have to hide either; With 623 income millionaires and a density of 8.2 per 10,000 inhabitants, the city is an important location for wealthy citizens.

The Main-Taunus district has 7.5 income millionaires per 10,000 inhabitants and thus occupies third place in the Hessian ranking. In the city of Wiesbaden, the state capital, the richest income millionaires live on average at 8.5 million euros. In Nidda in the Wetterau, the location looks even rosier, because there the numbers show average income of 9.8 million euros.

The sources of income of the wealthy

Millionaires in Hesse have a diverse spectrum of sources of income. This includes not only high salaries, but also income from rentals, leases and companies. The increase in the income of the millionaires by over 50 percent compared to the previous year is a clear confirmation of its economic success and has a positive effect on the entire economic climate in Hesse.

The image is rounded off by the Hessian wage and income tax statistics, which shows that 53.1 percent of the taxable income of up to 35,000 euros has. Despite the overwhelming majority of the "small" taxable, the millionaires are a not negligible support for the Hessian financial situation.

Overall, Hessen has a lot to offer - both for his citizens and for those who want to become. Let's be excited to see how the numbers will develop further. The possibilities and opportunities in this dynamic market are almost endless.