Naguabo Municipio, Puerto Rico Income Statistics

Naguabo 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
    Naguabo Municipio Well below average

Source: Map AI Methodology

Naguabo Municipio
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Wealth grade

Income Statistics Overview

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Metric Naguabo Municipio Puerto Rico Avg US Average
Median Household Income $23,904 $26,331 $80,455
Median Personal Income $22,049 $28,218 $60,758
Average Yearly Income Growth 3.1% 3.8% 4.8%
Six-Figure Earners 0.2% 2.2% 13.9%
$200k+ Households 0.2% 1.7% 13.2%

The median household income in Naguabo Municipio is about 9% lower than in Puerto Rico. Income has been growing slower in Naguabo Municipio (3.1%/yr) than in Puerto Rico (3.8%/yr).

About 0% of adults in Naguabo 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

Naguabo Municipio
United States

Median household income in Naguabo Municipio, Puerto Rico grew by 53.6% from 2009 to 2024, reaching $23,904 in 2024. That's an average of about 3.1% per year.

Year Naguabo Municipio United States

Income Inequality and the Gender Pay Gap in Naguabo Municipio

Metric Naguabo Municipio Puerto Rico Avg US Average
Gini Coefficient 0.543 0.607 0.552
Male Median Income $21,806 $29,755 $69,667
Female Median Income $27,162 $29,692 $56,850
Gender Pay Gap -24.6% 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 Naguabo Municipio, it is 0.543, 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.

Women's income is about 25% more than men's income in Naguabo Municipio, Puerto Rico. Over a 35-year career, a 25% wage gap accumulates to roughly $187,460 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 Naguabo Municipio, Puerto Rico has widened from about -7% to -25% in 2024. Over that period the gap was widest at -2% in 2015, and in 2022 women out-earned men by 28%. In dollar terms, the gap has narrowed by $4,087 since 2009.

Strongly bucking the trend: the pay gap in Naguabo Municipio narrowed by 17.4 points while Puerto Rico's widened by 1.1 points.

Year Male Income Female Income Gap %

Employment

Metric Naguabo Municipio Puerto Rico Avg US Average
Unemployment Rate 6.8% 10.7% 5.2%
Working from Home 5.0% 6.1% 15.0%
Commute time (minutes) 30 23 22

Approximately 580 people are unemployed in Naguabo Municipio, Puerto Rico.

The average commute time in Naguabo Municipio is 30 minutes, longer than the 23 minutes in Puerto Rico.

Unemployment Rate Over Time

Naguabo Municipio
United States

Since 2011, the unemployment rate in Naguabo Municipio, Puerto Rico has fallen from 16.2% to 6.8% in 2024. Over that period the rate peaked at 17.9% in 2012.

Year Naguabo Municipio United States

Naguabo Municipio, PR Wealth Compared With Nearby Counties

Naguabo Municipio, PR is the 5th largest of the 6 counties compared here, 23,054 residents against a local median of 36,814. Naguabo Municipio, PR's unemployment, at 6.8%, runs 22% below the 8.8% typical of the counties around it. That is the better end of the local range on this measure.

The counties themselves spread 12.3% on unemployment, so Naguabo Municipio, PR sits at one end of an already wide local range rather than apart from it. Naguabo Municipio, PR has the 3rd 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.
Naguabo Municipio, PR 23,054 $23,904 #6/6 3.1%/yr #3/6 6.8% #3/6 0.543 #3/6
Humacao Municipio, PR 50,100 $27,420 4.5%/yr 5.2% 0.578
Las Piedras Municipio, PR 34,951 $25,310 3.0%/yr 6.5% 0.591
Luquillo Municipio, PR 17,532 $24,248 2.6%/yr 17.6% 0.608
Juncos Municipio, PR 36,814 $29,861 5.9%/yr 8.8% 0.540
Río Grande Municipio, PR 46,051 $28,859 2.8%/yr 15.0% 0.536

Conclusion

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

How Rich Is Naguabo Municipio, Puerto Rico?

Naguabo 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 $23,904, about 9% lower than the Puerto Rico average of $26,331.

Are incomes growing in Naguabo Municipio, Puerto Rico?

Between 2009 and 2024, the median household income in Naguabo Municipio, Puerto Rico rose 54%, from $15,563 to $23,904. Over the same years, income here outpaced Puerto Rico as a whole: +54% against +41%.

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

In 2023, the median household income in Naguabo Municipio, Puerto Rico was $21,877, up 6% from $20,572 in 2022. The Puerto Rico median that year was $25,101.

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

In 2020, the median household income in Naguabo Municipio, Puerto Rico was $19,515. By 2024 it had risen 22% to $23,904.

Is unemployment high in Naguabo Municipio, Puerto Rico?

Unemployment in Naguabo Municipio, Puerto Rico is only 6.8%, 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 Naguabo Municipio, Puerto Rico?

The Gini coefficient in Naguabo Municipio is 0.543. 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 Naguabo Municipio, Puerto Rico?

Since 2009, the income gap between men and women in Naguabo Municipio, Puerto Rico has widened from about -7% to -25% in 2024. Over that period the gap was widest at -2% in 2015, and in 2022 women out-earned men by 28%. In dollar terms, the gap has narrowed by $4,087 since 2009.

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