Business · Economy · 1 day ago
Hessian incomes and household spending rose in 2024
In 2024, average disposable income in Hesse rose 4.3% to €31,680 per person compared with the year before.
Households spent an average of €28,520 per person, up 3.3% from 2023.
After adjusting for price rises, spending in Hesse increased 1.3%, compared with 0.3% across Germany.
The Hochtaunus district had the highest income, at €42,280 per person, while Offenbach had the lowest, at €25,810.
Hesse had Germany’s third-highest saving rate, at 12.2%, behind Bavaria and Baden-Württemberg.
Disposable income is what households have available for spending or saving after taxes, social contributions and income transfers such as pensions and benefits are taken into account.
Hessian households’ average disposable income rose 4.3 percent in 2024 to 31,680 euros per person.
Average household spending rose 3.3 percent to 28,520 euros per person, faster than the national increase of 2.6 percent.
After adjusting for price increases, per-person spending in Hesse rose 1.3 percent.
Hesse’s saving rate was 12.2 percent, the third highest among Germany’s states.
Disposable income increased in every Hessian district and independent city.
- Who
- Private households and residents of Hesse.
- What
- Average disposable income and household spending per person both increased in 2024.
- When
- In 2024, compared with 2023.
- Where
- Hesse, Germany.
- Why
- Not stated; the articles report the changes but do not give a specific cause.
This story does not have two clearly opposing sides.
This was the comparison year for the reported changes in income and spending.
Average disposable income and household spending per person in Hesse increased compared with 2023.
- Disposable income
- 31,680 euros per person in 2024, up 4.3 percent
- Household spending
- 28,520 euros per person in 2024, up 3.3 percent
- Inflation-adjusted spending
- Up 1.3 percent per person in Hesse
- Saving rate
- 12.2 percent, third highest among German states
- Highest regional income
- Hochtaunuskreis, 42,280 euros per person
- Lowest regional income
- Offenbach am Main, 25,810 euros per person