Santa Cruz de Tenerife has emerged as a sought-after locale for both travellers and residents of the Island, establishing itself as a standard for quality living in Spain. According to statistics from the National Statistics Institute, the population of the capital city of Tenerife is roughly 209,395 individuals, categorised into five districts, each encompassing its own neighbourhoods.
The arrangement of neighbourhoods within Santa Cruz mirrors the socioeconomic fabric of the city, where varying income levels influence the lifestyles of its residents. Based on the information gleaned from the ‘Statistics of personal income tax filers from the most significant municipalities by postal code‘, issued by the Tax Agency, distinctions between affluence and modesty can be observed in various regions.
In the capital, there are 100,150 registered taxpayers, with an average disposable income in the city amounting to 2,345,261,767 euros.
Wealthiest neighbourhoods in Tenerife
The spectrum of affluence becomes apparent when examining the neighbourhoods at the pinnacle of the list. Ifara, a residential gem situated in the Centro-Ifara district, serves as the nucleus of luxury, boasting an average gross income of 40,425 euros per individual, which equates to 31,788 euros of average disposable income. This locality, located merely three kilometres from the urban core, is distinguished by its sophisticated villas and developments, essentially offering a nearly exclusive lifestyle.
In close following of Ifara, the neighbourhoods of the Port and the central districts of San Vicente Ferrer encompassing Plaza de España, along with Avenida de la Constitución featuring Palmetum, are noted as bastions of exclusivity. Here, the average gross income along with its corresponding average disposable income reveal remarkable figures:
- Rambla de Santa Cruz-Puerto: 38,958 euros average gross income (30,691 euros average disposable income).
- San Vicente Ferrer-Plaza de España: 38,403 euros average gross income (30,198 euros average disposable income).
- Avenida de la Constitución-Palmetum: 37,814 euros average gross income (29,755 euros average disposable income).
