Highest Income in Faro

Top 32 cities ranked by highest income

Largest Cities Smallest Cities Most Dense Least Dense Highest Income Lowest Income Lowest Unemployment Highest Unemployment Lowest Poverty Highest Poverty Highest Rent Lowest Rent Most Educated Youngest Cities Oldest Cities Safest Cities Highest Crime Warmest Cities Coldest Cities Rainiest Cities Driest Cities

All Countries · Portugal · Faro

Highest Income — Faro

1 Carvoeiro $29,268

2 Parchal $29,268

3 Castro Marim $29,268

4 Alvor $29,268

5 Monchique $29,268

6 Vila do Bispo $29,268

7 Aljezur $29,268

8 Armação de Pêra $29,268

9 Lagoa $29,268

10 Tunes $29,268

11 Ferreiras $29,268

12 Estói $29,268

13 São Bartolomeu de Messines $29,268

14 Moncarapacho $29,268

15 Estômbar $29,268

16 Fuzeta $29,268

17 Faro $29,268

18 Silves $29,268

19 São Brás de Alportel $29,268

20 Almancil $29,268

21 Vila Real de Santo António $29,268

22 Olhos de Água $29,268

23 Tavira $29,268

24 Albufeira $29,268

25 Quelfes $29,268

26 Loulé $29,268

27 Laranjeiro $29,268

28 Porto de Mós $29,268

29 Quarteira $29,268

30 Olhão $29,268

31 Lagos $29,268

32 Portimão $29,268

The highest-income cities in Faro represent areas where residents earn significantly above the national median. Carvoeiro leads with a median household income of $29,268. These cities are often home to concentrations of high-paying industries including technology, finance, and healthcare.

High median incomes typically correlate with strong local economies, educated workforces, and proximity to major employment centers. Many of these cities are suburbs or satellite communities of larger metro areas, where professionals live while commuting to nearby urban cores.

While high incomes are attractive, they often come with correspondingly higher costs of living, particularly in housing. The gap between income and housing costs varies significantly across these top-earning communities.

Did You Know?

1. Households in Carvoeiro earn $29,268 — that's -61% above the national median of $75,000.
2. Median household income has grown faster in suburban communities than in urban cores over the past decade.
3. High-income cities often correlate with higher education levels — most of these cities have college attainment rates above 50%.
4. 09 is well-represented with 10 cities in the top income rankings.

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Portugal — By Region

Aveiro Azores Beja Braga Bragança Castelo Branco Coimbra Évora Faro Guarda Leiria Lisbon Madeira Portalegre Porto Santarém Setúbal Viana do Castelo Vila Real Viseu

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