Aguas Buenas Municipio, Puerto Rico Income Statistics

Aguas Buenas Municipio Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.

  • F
    Aguas Buenas Municipio Well below average

Source: Map AI Methodology

Aguas Buenas Municipio
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Wealth grade

Income Statistics Overview

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Metric Aguas Buenas Municipio Puerto Rico Avg US Average
Median Household Income $23,519 $26,331 $80,455
Median Personal Income $25,166 $28,218 $60,758
Average Yearly Income Growth 5.5% 3.8% 4.8%
Six-Figure Earners 1.7% 2.2% 13.9%
$200k+ Households 1.6% 1.7% 13.2%

The median household income in Aguas Buenas Municipio is about 11% lower than in Puerto Rico. Income has been growing faster in Aguas Buenas Municipio (5.5%/yr) than in Puerto Rico (3.8%/yr).

About 2% of adults in Aguas Buenas Municipio earn six figures ($100,000 or more) a year, about the same as the Puerto Rico average of 2%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Aguas Buenas Municipio
United States

Median household income in Aguas Buenas Municipio, Puerto Rico grew by 54.1% from 2009 to 2024, reaching $23,519 in 2024. That's an average of about 5.5% per year.

Year Aguas Buenas Municipio United States

Income Inequality and the Gender Pay Gap in Aguas Buenas Municipio

Metric Aguas Buenas Municipio Puerto Rico Avg US Average
Gini Coefficient 0.595 0.607 0.552
Male Median Income $26,213 $29,755 $69,667
Female Median Income $26,820 $29,692 $56,850
Gender Pay Gap -2.3% 0.2% 18.4%

The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Aguas Buenas Municipio, it is 0.595, lower than Puerto Rico's 0.607, so income is more evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.

Women's income is about 2% more than men's income in Aguas Buenas Municipio, Puerto Rico. Over a 35-year career, a 2% wage gap accumulates to roughly $21,245 in unearned income for male workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Aguas Buenas Municipio, Puerto Rico has widened from about -1% to -2% in 2024. Over that period the gap was widest at 13% in 2019, and in 2012 women out-earned men by 10%. In dollar terms, the gap has narrowed by $402 since 2009.

Bucking the trend: the pay gap in Aguas Buenas Municipio narrowed by 1.1 points while Puerto Rico's widened by 1.1 points.

Year Male Income Female Income Gap %

Employment

Metric Aguas Buenas Municipio Puerto Rico Avg US Average
Unemployment Rate 5.0% 10.7% 5.2%
Working from Home 3.2% 6.1% 15.0%
Commute time (minutes) 31 23 22

Approximately 454 people are unemployed in Aguas Buenas Municipio, Puerto Rico.

The average commute time in Aguas Buenas Municipio is 31 minutes, longer than the 23 minutes in Puerto Rico.

Unemployment Rate Over Time

Aguas Buenas Municipio
United States

Since 2011, the unemployment rate in Aguas Buenas Municipio, Puerto Rico has fallen from 8.5% to 5.0% in 2024. Over that period the rate peaked at 20.0% in 2014 and fell as low as 4.5% in 2023.

Year Aguas Buenas Municipio United States

Aguas Buenas Municipio, PR Wealth Compared With Nearby Counties

Aguas Buenas Municipio, PR is the 5th largest of the 6 counties compared here, 23,614 residents against a local median of 89,378. The measure that sets Aguas Buenas Municipio, PR apart most is income growth: 5.5%/yr, 37% above the local median of 4.0%/yr. That is the better end of the local range on this measure.

Unemployment tells the same story from another angle: 5.0% against a local median of 7.4%, 32% below it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while median household income runs behind it, so Aguas Buenas Municipio, PR is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 1.2%/yr on income growth, so Aguas Buenas Municipio, PR sits at one end of an already wide local range rather than apart from it. Aguas Buenas Municipio, PR has the highest income growth of the 6 areas compared here.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
Aguas Buenas Municipio, PR 23,614 $23,519 #5/6 5.5%/yr #1/6 5.0% #1/6 0.595 #4/6
Cidra Municipio, PR 39,643 $29,248 4.0%/yr 6.2% 0.573
Caguas Municipio, PR 125,585 $31,361 3.3%/yr 8.1% 0.604
Guaynabo Municipio, PR 89,378 $47,281 4.3%/yr 6.0% 0.626
Comerío Municipio, PR 18,710 $18,204 4.3%/yr 15.3% 0.579
Bayamón Municipio, PR 182,469 $31,445 3.1%/yr 7.4% 0.591

Conclusion

Considering all these factors, Aguas Buenas Municipio, Puerto Rico has an overall wealth index grade of F, making it about on par with Puerto Rico, and worse than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Aguas Buenas Municipio, Puerto Rico.

How Wealthy Is Aguas Buenas Municipio, Puerto Rico?

Aguas Buenas Municipio has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $23,519, about 11% lower than the Puerto Rico average of $26,331.

How fast is household income rising in Aguas Buenas Municipio, Puerto Rico?

Between 2009 and 2024, the median household income in Aguas Buenas Municipio, Puerto Rico rose 54%, from $15,260 to $23,519. Over the same years, income here outpaced Puerto Rico as a whole: +54% against +41%.

What was the median household income in Aguas Buenas Municipio in 2023?

In 2023, the median household income in Aguas Buenas Municipio, Puerto Rico was $22,541, down 1% from $22,874 in 2022. The Puerto Rico median that year was $25,101.

What was the median household income in Aguas Buenas Municipio in 2020?

In 2020, the median household income in Aguas Buenas Municipio, Puerto Rico was $20,231. By 2024 it had risen 16% to $23,519.

Is unemployment high in Aguas Buenas Municipio, Puerto Rico?

Unemployment in Aguas Buenas Municipio, Puerto Rico is only 5.0%, well below the Puerto Rico rate of 10.7%, a sign of a tight labor market where employers compete for workers.

What is the Gini coefficient in Aguas Buenas Municipio, Puerto Rico?

The Gini coefficient in Aguas Buenas Municipio is 0.595. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.

How has the income gap between men and women changed in Aguas Buenas Municipio, Puerto Rico?

Since 2009, the income gap between men and women in Aguas Buenas Municipio, Puerto Rico has widened from about -1% to -2% in 2024. Over that period the gap was widest at 13% in 2019, and in 2012 women out-earned men by 10%. In dollar terms, the gap has narrowed by $402 since 2009.

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