Economy
Getafe's economy was historically agricultural. The first factories were built in the area at the beginning of the 20th century, but it wasn't until the second half of the century that industry gained prominence. By the 1960s, industry had become the primary economic focus.
Today, the economy is mostly industrial, with a large focus on Getafe's five industrial parks. After Madrid, Getafe is the most industrialized city in the community of Madrid, with numerous industries such as John Deere, Siemens, and Construcciones Aeronáuticas SA. The city boasts five industrial parks spread across the peripheries of the city. The city's industrial activities are divided across several industries: 34% metallurgy, 20% food processing, 14% wood and furniture production, 6% textile, furs, and skins. The remaining 26% includes various other industries, such as paper production, graphic arts, and construction, among others. A number of quarries are located in the easterly areas of the municipality which are being mined extensively.
The service industry began to emerge at the end of the 1990s with the construction of several new malls and entertainment areas. The importance of agriculture on the local economy has decreased significantly in the past century, though eastern parts of the municipality still include good plots of irrigated and nonirrigated land. The major crop is wheat, with smaller cultivations of olive trees, grape vines, and vegetables. Herding and livestock are slowly diminishing, though they can still be found in the vicinity of Buenavista hill and the fields along the Manzanares river.
The median per capita income of the inhabitants of Getafe is 10,000 €, which is lower than the 12,500 € median income of the community of Madrid. The most wealthy neighborhoods are Sector III and Getafe Norte, with a median income of 13,000 €. The poorest neighborhoods are La Alhóndiga, Getafe Centro, and San Isidro, whose median incomes average 9,000 €. In January 2006, the unemployment rate was 8.4%
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