That’s how much money people have
On average, every inhabitant of the Hanover region, from infants to old people, has exactly 24,183 euros a year – making a total of 27.98 billion euros. According to statistics from the Society for Consumer Research (GfK), this means that the so-called purchasing power has been reduced by 223 million euros since 2019, but is still 2.3 percentage points above the average for the entire Federal Republic of Germany.
If you look at the values of each city and municipality, there are clear differences. As in the past, Isernhagen has reached its peak value, where purchasing power is EUR 31,477 per inhabitant per year. With Burgwedel and Wedemark, two other municipalities are among the top five; there are also Hemmingen and Pattensen.
Uetze recorded the lowest value
In contrast, the municipality of Uetze has the lowest purchasing power with a value of 22,712 euros, followed by Laatzen. GfK has currently calculated 23,612 euros for the city of Hanover.
Jobs, money, commuters, shop rents: Here you come back to the overview.
Purchasing power is defined as the sum of all net income of the population based on the place of residence. In addition to income from self-employed and non-self-employed work, this also includes capital income and transfer payments such as unemployment benefits.
All expenditures of a consumer such as living expenses, insurance, rent and ancillary costs are deducted from this income in order to calculate the so-called retail purchasing power. The sum remains for consumption. Then what the citizens can spend in the shops. This retail purchasing power in the Hanover region currently averages 6636 euros per inhabitant per year.
From Bernd Haase