Corcovado, PR

Census Place

2024 Population

995

2024 Median Age

56.6

3.08% 1-year decrease

2024 Poverty Rate

60.7%

7.86% 1-year increase

2024 Median Household Income

$19,987

0.387% 1-year growth

2024 Median Property Value

$70,500

20.3% 1-year growth

2024 Employed Population

207

13.4% 1-year decline

Economy

The economy of Corcovado, PR employs 207 people. In 2024, the largest industries in Corcovado, PR were Accommodation & Food Services (79 people), Educational Services (68 people), and Arts, Entertainment, & Recreation (37 people), and the highest paying industries were Educational Services, & Health Care & Social Assistance ($64,154) and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($16,824).

Employment

Occupations

207

2024 Value

± 170

−13.4%

1 Year decline

± 129%

From 2023 to 2024, employment in Corcovado, PR declined at a rate of −13.4%, from 239 employees to 207 employees.

The most common job groups, by number of people living in Corcovado, PR, are Fire Fighting & Prevention, & Other Protective Service Workers Including Supervisors (48 people), Arts, Design, Entertainment, Sports, & Media Occupations (37 people), and Management Occupations (34 people). This chart illustrates the share breakdown of the primary jobs held by residents of Corcovado, PR.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Puerto Rico.

This chart shows weekly unemployment insurance claims in Puerto Rico (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

207

2024 Value

± 170

−13.4%

1 Year decline

± 129%

From 2023 to 2024, employment in Corcovado, PR declined at a rate of −13.4%, from 239 employees to 207 employees.

The most common employment sectors for those who live in Corcovado, PR, are Accommodation & Food Services (79 people), Educational Services (68 people), and Arts, Entertainment, & Recreation (37 people). This chart shows the share breakdown of the primary industries for residents of Corcovado, PR, though some of these residents may live in Corcovado, PR and work somewhere else. Census data is tagged to a residential address, not a work address.

Housing & Living

The median property value in Corcovado, PR was $70,500 in 2024, which is 0.212 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $58,600 to $70,500, a 20.3% increase. The homeownership rate in Corcovado, PR is 78.5%, which is higher than the national average of 65.2%.

People in Corcovado, PR have an average commute time of 16.6 minutes, and they drove alone to work. Car ownership in Corcovado, PR is higher than the national average, with an average of 3 cars per household.

Housing

Property

$70,500

Median Property Value 2024

±$22,667

$244

Median Property Taxes

±$137

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Corcovado, PR the largest share of households pay taxes in the None range.

The chart underneath the paragraph shows the property taxes in Corcovado, PR compared to it's parent and neighbor geographies.

Rent vs Own

78.5%

Homeownership

2024

63.5%

Homeowners with Mortgage

2024

In 2024, 78.5% of the housing units in Corcovado, PR were occupied by their owner. This percentage grew from the previous year's rate of 64.6%.

This chart shows the percentage of owner in Corcovado, PR compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$19,987

Median Household Income

± $7,602

311

Number of Households

± 162

In 2024, the median household income of the 311 households in Corcovado, PR grew to $19,987 from the previous year's value of $19,910.

The following chart displays the households in Corcovado, PR distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $15k - $20k range.

Wage Distribution

The closest comparable wage GINI for Corcovado, PR is from Puerto Rico.

0.454

2024 Wage GINI in Puerto Rico

0.46

2023 Wage GINI in Puerto Rico

In 2024, the income inequality in Puerto Rico was 0.454 according to the GINI calculation of the wage distribution. Income inequality had a 1.22% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Puerto Rico was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Puerto Rico in comparison to the national average.

This chart shows the number of workers in Puerto Rico across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Drove Alone (100%)

Most Common Commute in 2024

In 2024, 100% of workers in Corcovado, PR drove alone to work, followed by those who carpooled to work (0%) and those who used public transit to get to work (0%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

16.6 minutes

Average Travel Time

Using averages, employees in Corcovado, PR have a shorter commute time (16.6 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Corcovado, PR have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Corcovado, PR compares to that of it's neighboring and parent geographies.

Car Ownership

3 cars

Average Number

The following chart displays the households in Corcovado, PR distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Corcovado, PR have 3 cars.

Poverty

Poverty & Diversity

60.7% of the population for whom poverty status is determined in Corcovado, PR (604 out of 995 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males 75+, followed by Females 55 - 64 and then Females 45 - 54.

The most common racial or ethnic group living below the poverty line in Corcovado, PR is Hispanic, followed by White and Other.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Corcovado, PR

About

Corcovado, PR

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About

Population & Diversity

Diversity

Race and Ethnicity

Global Diversity

Health

Coverage

Health Care Diversity

Uninsured People

Economy

Employment

Occupations

Unemployment Insurance Claims

Industries

Employment by Industries

Housing & Living

Housing

Property

Rent vs Own

Equity

Household Income

Wage Distribution

Transportation

Commuter Transportation

Commute Time

Car Ownership

Poverty

Poverty & Diversity

Social Needs

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