Las Piedras Municipio, Puerto Rico Income Statistics
Las Piedras 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.
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F
Las Piedras Municipio Well below averageWealthier than 71% of counties in Puerto Rico
Source: Map AI Methodology
Income Statistics Overview
| Metric | Las Piedras Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Household Income | $25,310 | $26,331 | $80,455 |
| Median Personal Income | $28,837 | $28,218 | $60,758 |
| Average Yearly Income Growth | 3.0% | 3.8% | 4.8% |
| Six-Figure Earners | 1.4% | 2.2% | 13.9% |
| $200k+ Households | 0.9% | 1.7% | 13.2% |
The median household income in Las Piedras Municipio is about 4% lower than in Puerto Rico. Income has been growing slower in Las Piedras Municipio (3.0%/yr) than in Puerto Rico (3.8%/yr).
About 1% of adults in Las Piedras 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 Las Piedras Municipio, Puerto Rico grew by 47.2% from 2009 to 2024, reaching $25,310 in 2024. That's an average of about 3.0% per year.
Income Inequality and the Gender Pay Gap in Las Piedras Municipio
| Metric | Las Piedras Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.591 | 0.607 | 0.552 |
| Male Median Income | $32,262 | $29,755 | $69,667 |
| Female Median Income | $29,771 | $29,692 | $56,850 |
| Gender Pay Gap | 7.7% | 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 Las Piedras Municipio, it is 0.591, 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.
Men's income is about 8% more than women's income in Las Piedras Municipio, Puerto Rico. Over a 35-year career, a 8% wage gap accumulates to roughly $87,185 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Las Piedras Municipio, Puerto Rico has widened from about -8% to 8% in 2024. Over that period the gap was widest at 21% in 2021. In dollar terms, the gap has widened by $3,988 since 2009.
Employment
| Metric | Las Piedras Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.5% | 10.7% | 5.2% |
| Working from Home | 0.5% | 6.1% | 15.0% |
| Commute time (minutes) | 22 | 23 | 22 |
Approximately 855 people are unemployed in Las Piedras Municipio, Puerto Rico.
The average commute time in Las Piedras Municipio is 22 minutes, shorter than the 23 minutes in Puerto Rico.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Las Piedras Municipio, Puerto Rico has fallen from 18.6% to 6.5% in 2024. Over that period the rate peaked at 20.0% in 2014.
Las Piedras Municipio, PR Wealth Compared With Nearby Counties
Las Piedras Municipio, PR is typical in size for this group, 34,951 residents against a local median of 36,814, so the measures below are close to a like for like comparison. Las Piedras Municipio, PR's income growth, at 3.0%/yr, runs 31% below the 4.3%/yr typical of the counties around it. That is the weaker end of the local range on this measure.
The counties themselves spread 2.7%/yr on income growth, so Las Piedras Municipio, PR sits at one end of an already wide local range rather than apart from it. Las Piedras Municipio, PR has the 6th 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. |
|---|---|---|---|---|---|
| Las Piedras Municipio, PR | 34,951 | $25,310 #3/6 | 3.0%/yr #6/6 | 6.5% #2/6 | 0.591 #6/6 |
| Juncos Municipio, PR | 36,814 | $29,861 | 5.9%/yr | 8.8% | 0.540 |
| Humacao Municipio, PR | 50,100 | $27,420 | 4.5%/yr | 5.2% | 0.578 |
| San Lorenzo Municipio, PR | 37,431 | $23,347 | 3.9%/yr | 7.3% | 0.588 |
| Yabucoa Municipio, PR | 29,399 | $23,045 | 4.3%/yr | 8.7% | 0.547 |
| Naguabo Municipio, PR | 23,054 | $23,904 | 3.1%/yr | 6.8% | 0.543 |
Conclusion
Considering all these factors, Las Piedras Municipio, Puerto Rico has an overall wealth index grade of F, making it somewhat better than Puerto Rico, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Las Piedras Municipio, Puerto Rico.
How Rich Is Las Piedras Municipio, Puerto Rico?
Las Piedras 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 $25,310, about 4% lower than the Puerto Rico average of $26,331.
How has median household income changed in Las Piedras Municipio, Puerto Rico?
Between 2009 and 2024, the median household income in Las Piedras Municipio, Puerto Rico rose 47%, from $17,194 to $25,310. Over the same years, income here outpaced Puerto Rico as a whole: +47% against +41%.
What was the median household income in Las Piedras Municipio in 2023?
In 2023, the median household income in Las Piedras Municipio, Puerto Rico was $25,933, up 9% from $23,841 in 2022. The Puerto Rico median that year was $25,101.
What was the median household income in Las Piedras Municipio in 2020?
In 2020, the median household income in Las Piedras Municipio, Puerto Rico was $22,484. By 2024 it had risen 13% to $25,310.
Is it hard to find a job in Las Piedras Municipio, Puerto Rico?
Unemployment in Las Piedras Municipio, Puerto Rico is only 6.5%, 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 Las Piedras Municipio, Puerto Rico?
The Gini coefficient in Las Piedras Municipio is 0.591. 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 Las Piedras Municipio, Puerto Rico?
Since 2009, the income gap between men and women in Las Piedras Municipio, Puerto Rico has widened from about -8% to 8% in 2024. Over that period the gap was widest at 21% in 2021. In dollar terms, the gap has widened by $3,988 since 2009.
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