Palmas del Mar Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Palmas del Mar, Puerto Rico? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Palmas del Mar, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Palmas del Mar is $89,231.00.

The chart below shows the average household income by age in Palmas del Mar.

  • Under 25
    $0.00
  • 25 to 44
    $0.00
  • 45 to 64
    $127,704.00
  • 65 and over
    $42,917.00

Average Household Income

A very commonly asked question is "what is the average household income in Palmas del Mar, Puerto Rico?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Palmas del Mar is $122,257.00.

22.81% of households in Palmas del Mar, Puerto Rico are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Palmas del Mar but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Palmas del Mar

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Palmas del Mar, Puerto Rico easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    8.12%
  • $25,000 to $49,999
    31.83%
  • $50,000 to $74,999
    5.28%
  • $75,000 to $99,999
    12.24%
  • $100,000 to $149,999
    14.69%
  • $150,000 to $199,999
    5.03%
  • $200,000 or more
    22.81%

Per Capita Income

The per capita income is the average income of all people in Palmas del Mar, Puerto Rico. This is calculated by dividing the total income of all people in Palmas del Mar by the total number of people in Palmas del Mar.

It differs from the average or mean household income because it includes all people in Palmas del Mar and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Palmas del Mar, Puerto Rico is $40,419.00.

Population in Palmas del Mar by Race and Ethnicity

The total population in Palmas del Mar is currently 2,492 people.

The race and ethnicity of the population in Palmas del Mar can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Palmas del Mar, Puerto Rico.

  • 4.10% White
    103
  • 11.60% Black/African American
    290
  • 5.00% Native
    125
  • 59.30% Hispanic
    1,479
  • 0.00% Asian
    0
  • 0.00% Hawaiian/Pacific Islander
    0
  • 0.00% Two or more races
    0
  • 0.00% Other
    0

Population of Palmas del Mar by Age and Gender

Another very important demographics statistic for Palmas del Mar, Puerto Rico is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 86 63
10 to 19 Years 171 150
20 to 29 Years 263 165
30 to 39 Years 20 163
40 to 49 Years 136 210
50 to 59 Years 206 191
60 to 69 Years 94 157
70 Years and over 217 200

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Palmas del Mar, Puerto Rico.

  • Master's degree or higher
    25.74%
  • Bachelor's degree
    50.64%
  • Some college or associate's degree
    0.85%
  • High school diploma or equivalent
    22.77%
  • Less than high school diploma
    0.00%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Palmas del Mar because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Palmas del Mar look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Palmas del Mar, Puerto Rico that are over the age of 16.

The current population in Palmas del Mar that are over the age of 16 is 2,257 people.

The unemployment rate in Palmas del Mar is 1.10%, which means 12 people are unemployed.

Median Age in Palmas del Mar

The median age is an interesting metric because it gives us an idea of the age distribution of people in Palmas del Mar, Puerto Rico. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Palmas del Mar is 46.3 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Palmas del Mar

46.3

Total

46.4

Male

46

Female

Households and Families

There are a total of 776 households in Palmas del Mar, and the average household size is 3.21 people.

For families, the total number is 660, and the average family size is 3.28 people.

14.50% of those families in Palmas del Mar, Puerto Rico are living below the poverty line.

The table below shows the poverty thresholds for Palmas del Mar in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Palmas del Mar, Puerto Rico for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 582 41 37 116
Average Household Size 3.3 4.83 3.89 1.97
Total Families 582 41 37 0
Average Household Size 3.21 3.83 3.89 0

Housing Data in Palmas del Mar

There are total of 3,374 housing units in Palmas del Mar, Puerto Rico. Of those units, 776 (23.00%) are occupied, and 2,598 (77.00%) are vacant.

Rental Rates

Of the 3,374 housing units in Palmas del Mar, 85 (2.52%) are occupied by renters. The median rent paid by renters is $1,922.00.

Owner occupied housing units make up the remaining 20.48% of housing units, with 691 housing units in total.

The table below breaks down how much rent is paid by renters in Palmas del Mar, Puerto Rico.

  • No rent paid
    0
  • Less than $500
    0
  • $500 to $999
    0
  • $1,000 to $1,499
    29
  • $1,500 to $1,999
    16
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    40
  • $3,000 or more
    0

Property Values

The median value of a property in Palmas del Mar is $393,900.00.

The table below breaks down the range of valuations for all properties in Palmas del Mar.

  • Less than $50,000
    23
  • $50,000 to $99,999
    38
  • $100,000 to $149,999
    0
  • $150,000 to $199,999
    12
  • $200,000 to $299,999
    172
  • $300,000 to $499,999
    241
  • $500,000 to $999,999
    160
  • $1,000,000 or more
    45

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Palmas del Mar, Puerto Rico.

  • 1939 or earlier
    0
  • 1940 to 1949
    89
  • 1950 to 1959
    175
  • 1960 to 1969
    29
  • 1970 to 1979
    592
  • 1980 to 1989
    817
  • 1990 to 1999
    449
  • 2000 to 2009
    1,030
  • 2010 to 2013
    193
  • 2014 or later
    0

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Palmas del Mar has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    12
  • 1 vehicle available
    126
  • 2 vehicles available
    353
  • 3 or more vehicles available
    285

Commuting to Work in Palmas del Mar

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Palmas del Mar, Puerto Rico, how they commute, and how that correlates to other data points.

The average travel time is 34.8 minutes, and the chart below covers the range of travel times across the population of Palmas del Mar.

  • Less than 5 minutes
    0
  • 5 to 9 minutes
    0
  • 10 to 14 minutes
    51
  • 15 to 19 minutes
    87
  • 20 to 24 minutes
    245
  • 25 to 29 minutes
    47
  • 30 to 34 minutes
    161
  • 35 to 39 minutes
    0
  • 40 to 44 minutes
    10
  • 45 to 59 minutes
    87
  • 60 to 89 minutes
    214
  • 90 or more minutes
    27

We can also look at the means of transport in Palmas del Mar to see which modes of transport people are using to commute to work.

  • Drove alone
    859
  • Carpooled
    13
  • Public transportation
    0
  • Walked
    47
  • Other means
    10
  • Worked from home
    106

Conclusion

Hopefully this article has given you the demographics data you were looking for in Palmas del Mar, Puerto Rico.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Palmas del Mar.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Palmas del Mar Average Income, Population and Demographics". NameCensus.com. Accessed on March 28, 2024. https://namecensus.com/demographics/puerto-rico/humacao-municipio/palmas-del-mar/.

  • "Palmas del Mar Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/puerto-rico/humacao-municipio/palmas-del-mar/. Accessed 28 March, 2024

  • Palmas del Mar Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/puerto-rico/humacao-municipio/palmas-del-mar/.