Loíza Municipio, Puerto Rico Income Statistics

Loíza 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
    Loíza Municipio Well below average

Source: Map AI Methodology

Loíza Municipio
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Wealth grade

Income Statistics Overview

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Metric Loíza Municipio Puerto Rico Avg US Average
Median Household Income $24,247 $26,331 $80,455
Median Personal Income $24,726 $28,218 $60,758
Average Yearly Income Growth 3.8% 3.8% 4.8%
Six-Figure Earners 0.4% 2.2% 13.9%
$200k+ Households 0.1% 1.7% 13.2%

The median household income in Loíza Municipio is about 8% lower than in Puerto Rico. Income has been growing faster in Loíza Municipio (3.8%/yr) than in Puerto Rico (3.8%/yr).

About 0% of adults in Loíza 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

Loíza Municipio
United States

Median household income in Loíza Municipio, Puerto Rico grew by 25.8% from 2009 to 2024, reaching $24,247 in 2024. That's an average of about 3.8% per year.

Year Loíza Municipio United States

Income Inequality and the Gender Pay Gap in Loíza Municipio

Metric Loíza Municipio Puerto Rico Avg US Average
Gini Coefficient 0.564 0.607 0.552
Male Median Income $25,612 $29,755 $69,667
Female Median Income $27,494 $29,692 $56,850
Gender Pay Gap -7.3% 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 Loíza Municipio, it is 0.564, 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 7% more than men's income in Loíza Municipio, Puerto Rico. Over a 35-year career, a 7% wage gap accumulates to roughly $65,870 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 Loíza Municipio, Puerto Rico has narrowed from about -14% to -7% in 2024. Over that period the gap was widest at 5% in 2021, and in 2010 women out-earned men by 20%. In dollar terms, the gap has widened by $651 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Loíza Municipio Puerto Rico Avg US Average
Unemployment Rate 20.0% 10.7% 5.2%
Working from Home 4.4% 6.1% 15.0%
Commute time (minutes) 31 23 22

Approximately 1,842 people are unemployed in Loíza Municipio, Puerto Rico.

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

Unemployment Rate Over Time

Loíza Municipio
United States

The unemployment rate in Loíza Municipio, Puerto Rico has stayed about flat at 20.0% since 2011. Over that period the rate fell as low as 18.5% in 2023.

Year Loíza Municipio United States

Loíza Municipio, PR Wealth Compared With Nearby Counties

Loíza Municipio, PR is the smallest of the 6 counties compared here, 22,768 residents against a local median of 67,088. Where Loíza Municipio, PR breaks from the counties next to it is unemployment, sitting 63% above the local median of 12.2% at 20.0%. That is the weaker end of the local range on this measure.

Median household income tells the same story from another angle: $24,247 against a local median of $29,636, 18% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Loíza Municipio, PR reads weaker than its neighbours on all of them. The counties themselves spread 7.2% on unemployment, so Loíza Municipio, PR sits at one end of an already wide local range rather than apart from it. Loíza 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.
Loíza Municipio, PR 22,768 $24,247 #6/6 3.8%/yr #2/6 20.0% #6/6 0.564 #3/6
Carolina Municipio, PR 152,197 $37,133 3.4%/yr 10.3% 0.556
Canóvanas Municipio, PR 41,816 $29,636 4.8%/yr 14.5% 0.569
Río Grande Municipio, PR 46,051 $28,859 2.8%/yr 15.0% 0.536
Trujillo Alto Municipio, PR 67,088 $40,051 3.5%/yr 7.9% 0.588
San Juan Municipio, PR 333,472 $28,133 3.4%/yr 12.2% 0.628

Conclusion

Considering all these factors, Loíza 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 Loíza Municipio, Puerto Rico.

How Rich Is Loíza Municipio, Puerto Rico?

Loíza 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 $24,247, about 8% lower than the Puerto Rico average of $26,331.

How has median household income changed in Loíza Municipio, Puerto Rico?

Between 2009 and 2024, the median household income in Loíza Municipio, Puerto Rico rose 26%, from $19,280 to $24,247. Over the same years, income here lagged behind Puerto Rico as a whole: +26% against +41%.

What was the median household income in Loíza Municipio in 2023?

In 2023, the median household income in Loíza Municipio, Puerto Rico was $23,316, up 9% from $21,462 in 2022. The Puerto Rico median that year was $25,101.

What was the median household income in Loíza Municipio in 2020?

In 2020, the median household income in Loíza Municipio, Puerto Rico was $17,741. By 2024 it had risen 37% to $24,247.

How strong is the job market in Loíza Municipio, Puerto Rico?

Unemployment in Loíza Municipio, Puerto Rico is 20.0%, well above the Puerto Rico rate of 10.7%, so job seekers may face more competition than elsewhere.

What is the Gini coefficient in Loíza Municipio, Puerto Rico?

The Gini coefficient in Loíza Municipio is 0.564. 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 Loíza Municipio, Puerto Rico?

Since 2009, the income gap between men and women in Loíza Municipio, Puerto Rico has narrowed from about -14% to -7% in 2024. Over that period the gap was widest at 5% in 2021, and in 2010 women out-earned men by 20%. In dollar terms, the gap has widened by $651 since 2009.

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