What is the richest city in Germany
The 10 richest cities and districts in Germany
With the help of income statistics, the working group for national accounts of the federal states found out which are the richest cities and districts in Germany for 2014. The results were published at the end of 2016.
Germans have an average of € 21,117. In the richest city in the country, the value is almost twice as high, which is because Lidl owner and billionaire Dieter Schwarz lives there. Such outliers falsify the statistics.
10. Main-Taunus-Kreis (€ 25,785 per year)
In the Main-Taunus-Kreis, the disposable income that households receive to save or spend is € 25,785 per year. This high value is due, among other things, to the large number of commuters who work in Frankfurt and earn above-average earnings.
Well-known millionaires such as the former Prime Minister of Hesse, Roland Koch, or one of the former bosses of Deutsche Bank, Jürgen Fitschen, also live in the Main-Taunus district.
9. Munich (€ 25,838)
Munich is one of the richest cities in Germany, the residents have € 25,838 per year. The high level is also reflected in the cost of living in Munich, rents are higher than anywhere else in Germany.
8th district of Mainz-Bingen (€ 26,177)
The disposable income in the Mainz-Bingen district has risen sharply within 14 years. In 2000 the value was still 38% less (€ 16,229), in 2010 it was still 8.9% less.
7. Olpe (€ 27,125)
The city of Olpe attracts wealthy citizens from all over the Ruhr area and has even developed into the seventh richest city in Germany.
6. Miesbach (€ 27,168)
In Miesbach in the district of Upper Bavaria, the income level is very high. Compared to the year 2000, the residents' disposable money has risen by 26%, compared to 2010 still by 6.6%.
5. Baden-Baden (€ 29,043)
A lot of things are exclusive in Baden-Baden, expensive cars line the streets and fine shops attract wealthy customers. Many millionaires live in Baden-Baden and the city is the fifth richest in Germany with an average annual disposable income of € 29,043.
4. Hochtaunuskreis (€ 29,288)
Many wealthy bankers from neighboring Frankfurt and one of the richest families in Germany live in the Hochtaunus district, the Quandt family.
3. District of Munich (€ 29,954)
In the district of Munich, citizens have € 29,954 a year to spend or save. The most affluent place in the district is the municipality of Grünwald, which is home to many active soccer players and former FC Bayern Munich players, for example Oliver Kahn.
2. District of Starnberg (€ 34,915)
Noble villas, the picturesque Starnberger See, lots of nature and Munich on the doorstep: The district of Starnberg is extremely attractive for living and also very wealthy. The place is one of those with the highest life expectancy in Germany. The actor Heinz Rühmann lived in Starnberg, Loriot also and Oliver Bierhoff and Peter Maffay also have properties on Lake Starnberg.
1. Heilbronn (€ 41,707)
The fact that the city of Heilbronn is ahead of the very wealthy districts around Munich and Frankfurt in the ranking is primarily thanks to one inhabitant. Lidl founder Dieter Schwarz lives in Heilbronn and the billionaire, who is one of the richest people in Germany, is raising the average income there. In 2000 it was still 131% below the value in 2014, with Lidl's growth across Europe, the average income in Heilbronn has also increased.
For comparison: The city of Gelsenkirchen, which is the poorest city in Germany, comes in last with € 16,136. The people there have an average of € 25,571 less per year at their disposal than in Heilbronn.
The ranking is falsified by outliers like Dieter Schwarz, in terms of purchasing power Heilbronn is actually well behind the district of Starnberg, the city of Munich and also the Hochtaunuskreis, which are considered to be the wealthiest regions in Germany.
Debt-free cities in Germany
Frankfurt and Munich are rich cities in Germany with high purchasing power, high wages, but also high cost of living. Munich, for example, is aiming to be debt-free by 2030; other smaller cities in Germany have already taken this step.
Ingelheim near Mainz is one of the debt-free cities in Germany, thanks to the trade tax income of the city's largest employer: the pharmaceutical company Boehringer Ingelheim. Walldorf in Baden-Württemberg is also almost debt-free, where the IT group SAP is based and ensures that 94% of the city's tax revenue comes from the company's trade tax. The budget of the city of Wolfsburg has also been debt-free for many years in a row thanks to the trade tax revenue from the VW group located there.
SAP: Software giant swallows startup Signavio The software giant SAP wants to swallow the Berlin start-up Signavio for one billion euros. The deal aims to accelerate digital transformations. > read more
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