Minimum Living Income Reaches Over 209,000 People in the Community of Madrid

The social benefit has reached nearly 68,000 households in Madrid in March, with a significant increase in protection for minors.

Generic image of a hand holding euro coins, symbolizing financial aid.
IA

Generic image of a hand holding euro coins, symbolizing financial aid.

The Minimum Living Income (IMV) has extended its coverage to 209,454 individuals across 67,953 households in the Community of Madrid during March, according to the latest data from the National Social Security Institute (INSS).

A significant aspect of these figures is the increase in households with minors receiving this aid. The region has seen an increase of over 4% compared to February, rising from 44,837 to 46,256 households. The average age of beneficiaries in the Community of Madrid is slightly over 46 years, and the number of protected minors stands at 87,749, representing nearly 42% of the total beneficiaries.
Nationally, the IMV has reached 829,399 households, benefiting 2,532,284 people across Spain. Of this total, over one million are children and adolescents, specifically 1,034,319. The average amount of the benefit is 543.1 euros per month per household, and the total payroll for March amounted to 495.6 million euros.

"The Minimum Living Income makes a difference especially in childhood. Today, 41% of beneficiaries are minors, and in almost seven out of ten protected households, there are children. This means we are acting where it matters most, which is in the present and future of the country."

Elma Saiz · Minister of Inclusion, Social Security and Migration
The IMV has become an essential tool in the fight against child poverty, adjusting the benefit amount based on the number of minors in the cohabitation unit. 41% of beneficiaries are minors, and in March, 69% of households covered by the IMV (570,548) included minors, of which 139,499 were single-parent households.
The child support supplement, which reinforces IMV coverage, was received by 573,831 households in March, with an average aid of 66.4 euros per minor. This benefit establishes different amounts based on age: 115 euros per month for children aged 0 to 3; 80.5 euros between 3 and 6 years; and 57.5 euros between 6 and 18 years. This support can be received independently of the IMV, extending the protection network to low or moderate-income households.

"The IMV is not just a benefit; it is a network that prevents exclusion, provides stability to families, and allows thousands of people to build a life project with greater security. The Child Support Supplement reinforces precisely that, because we know that investing in childhood is investing in equal opportunities."

Elma Saiz · Minister of Inclusion, Social Security and Migration
The average age of IMV beneficiaries is 28.5 years, highlighting its role as a support for vulnerable young people. Excluding the main recipients, the age drops to 20.1 years. Recent improvements to the IMV facilitate access for young people over 18 or emancipated minors with dependent children, and the period of independent living for those under 30 has been reduced from three to two years.
To apply for the IMV, it is necessary to have resided legally in Spain for at least one year and demonstrate a situation of economic vulnerability. The benefit is compatible with earned income and aims to promote labor market integration. A new dual income review system allows beneficiaries to know in advance how their benefit will be updated.