Florida Municipio, Puerto Rico Income Statistics
Florida 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
Florida Municipio Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Florida Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Household Income | $22,288 | $26,331 | $80,455 |
| Median Personal Income | $23,483 | $28,218 | $60,758 |
| Average Yearly Income Growth | 4.1% | 3.8% | 4.8% |
| Six-Figure Earners | 0.2% | 2.2% | 13.9% |
| $200k+ Households | 0.0% | 1.7% | 13.2% |
The median household income in Florida Municipio is about 15% lower than in Puerto Rico. Income has been growing faster in Florida Municipio (4.1%/yr) than in Puerto Rico (3.8%/yr).
About 0% of adults in Florida Municipio earn six figures ($100,000 or more) a year, lower than the Puerto Rico average of 2%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Florida Municipio, Puerto Rico grew by 39.9% from 2009 to 2024, reaching $22,288 in 2024. That's an average of about 4.1% per year.
Income Inequality and the Gender Pay Gap in Florida Municipio
| Metric | Florida Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.525 | 0.607 | 0.552 |
| Male Median Income | $27,240 | $29,755 | $69,667 |
| Female Median Income | $22,884 | $29,692 | $56,850 |
| Gender Pay Gap | 16.0% | 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 Florida Municipio, it is 0.525, lower than Puerto Rico's 0.607, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 19% more than women's income in Florida Municipio, Puerto Rico. Over a 35-year career, a 19% wage gap accumulates to roughly $152,460 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Florida Municipio, Puerto Rico has widened from about 3% to 16% in 2024. Over that period the gap in 2020 women out-earned men by 32%. In dollar terms, the gap has widened by $3,867 since 2009.
Employment
| Metric | Florida Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 18.2% | 10.7% | 5.2% |
| Working from Home | 2.9% | 6.1% | 15.0% |
| Commute time (minutes) | 22 | 23 | 22 |
Approximately 833 people are unemployed in Florida Municipio, Puerto Rico.
The average commute time in Florida Municipio is 22 minutes, shorter than the 23 minutes in Puerto Rico.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Florida Municipio, Puerto Rico has risen from 17.0% to 18.2% in 2024. Over that period the rate peaked at 20.0% in 2022 and fell as low as 15.3% in 2012.
Florida Municipio, PR Wealth Compared With Nearby Counties
Florida Municipio, PR is the smallest of the 6 counties compared here, 11,533 residents against a local median of 28,397. The measure that sets Florida Municipio, PR apart most is unemployment: 18.2%, 57% above the local median of 11.5%. That is the weaker end of the local range on this measure.
The counties themselves spread 4.0% on unemployment, so Florida Municipio, PR sits at one end of an already wide local range rather than apart from it. Florida Municipio, PR has the 6th lowest unemployment 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. |
|---|---|---|---|---|---|
| Florida Municipio, PR | 11,533 | $22,288 #6/6 | 4.1%/yr #5/6 | 18.2% #6/6 | 0.525 #1/6 |
| Ciales Municipio, PR | 16,805 | $22,371 | 6.9%/yr | 11.5% | 0.558 |
| Barceloneta Municipio, PR | 22,487 | $24,614 | 6.0%/yr | 10.8% | 0.551 |
| Manatà Municipio, PR | 38,943 | $22,833 | 2.8%/yr | 13.2% | 0.608 |
| Arecibo Municipio, PR | 86,478 | $23,823 | 4.6%/yr | 14.4% | 0.604 |
| Morovis Municipio, PR | 28,397 | $25,003 | 4.4%/yr | 10.5% | 0.574 |
Conclusion
Considering all these factors, Florida 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 Florida Municipio, Puerto Rico.
How Rich Is Florida Municipio, Puerto Rico?
Florida 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 $22,288, about 15% lower than the Puerto Rico average of $26,331.
Are incomes growing in Florida Municipio, Puerto Rico?
Between 2009 and 2024, the median household income in Florida Municipio, Puerto Rico rose 40%, from $15,932 to $22,288. Over the same years, income here kept pace with Puerto Rico as a whole: +40% against +41%.
What was the median household income in Florida Municipio in 2023?
In 2023, the median household income in Florida Municipio, Puerto Rico was $21,075, down 4% from $22,019 in 2022. The Puerto Rico median that year was $25,101.
What was the median household income in Florida Municipio in 2020?
In 2020, the median household income in Florida Municipio, Puerto Rico was $20,155. By 2024 it had risen 11% to $22,288.
Is unemployment high in Florida Municipio, Puerto Rico?
Unemployment in Florida Municipio, Puerto Rico is 18.2%, well above the Puerto Rico rate of 10.7%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Florida Municipio, Puerto Rico?
The Gini coefficient in Florida Municipio is 0.525. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Florida Municipio, Puerto Rico?
Since 2009, the income gap between men and women in Florida Municipio, Puerto Rico has widened from about 3% to 16% in 2024. Over that period the gap in 2020 women out-earned men by 32%. In dollar terms, the gap has widened by $3,867 since 2009.
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