Fránquez, PR

Census Place

2024 Population

1,541

2024 Median Age

51.6

0.769% 1-year decrease

2024 Poverty Rate

32%

2.87% 1-year increase

2024 Median Household Income

$25,212

6.82% 1-year decline

2024 Median Property Value

$95,300

1.65% 1-year decline

2024 Employed Population

670

10.2% 1-year decline

Economy

The economy of Fránquez, PR employs 670 people. In 2024, the largest industries in Fránquez, PR were Manufacturing (146 people), Construction (111 people), and Administrative & Support & Waste Management Services (99 people), and the highest paying industries were Retail Trade ($28,073), Manufacturing ($21,940), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($5,625).

Employment

Occupations

670

2024 Value

± 277

−10.2%

1 Year decline

± 63.8%

From 2023 to 2024, employment in Fránquez, PR declined at a rate of −10.2%, from 746 employees to 670 employees.

The most common job groups, by number of people living in Fránquez, PR, are Building & Grounds Cleaning & Maintenance Occupations (127 people), Management Occupations (92 people), and Office & Administrative Support Occupations (90 people). This chart illustrates the share breakdown of the primary jobs held by residents of Fránquez, 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

670

2024 Value

± 277

−10.2%

1 Year decline

± 63.8%

From 2023 to 2024, employment in Fránquez, PR declined at a rate of −10.2%, from 746 employees to 670 employees.

The most common employment sectors for those who live in Fránquez, PR, are Manufacturing (146 people), Construction (111 people), and Administrative & Support & Waste Management Services (99 people). This chart shows the share breakdown of the primary industries for residents of Fránquez, PR, though some of these residents may live in Fránquez, PR and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$22,436

Median earning men ± $11,931

$17,935

Median earning women ± $15,033

The industries with the best median earnings for men in 2024 are Manufacturing ($20,991).

The industries with the best median earnings for women in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($5,625).

Housing & Living

The median property value in Fránquez, PR was $95,300 in 2024, which is 0.286 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $96,900 to $95,300, a 1.65% decrease. The homeownership rate in Fránquez, PR is 79.1%, which is higher than the national average of 65.2%.

People in Fránquez, PR have an average commute time of 31 minutes, and they drove alone to work. Car ownership in Fránquez, PR is higher than the national average, with an average of 3 cars per household.

Housing

Property

$95,300

Median Property Value 2024

±$11,078

$499

Median Property Taxes

±$163

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 Fránquez, PR the largest share of households pay taxes in the None range.

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

Rent vs Own

79.1%

Homeownership

2024

46.9%

Homeowners with Mortgage

2024

In 2024, 79.1% of the housing units in Fránquez, PR were occupied by their owner. This percentage grew from the previous year's rate of 76.5%.

This chart shows the percentage of owner in Fránquez, 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.

$25,212

Median Household Income

± $7,497

631

Number of Households

± 219

In 2024, the median household income of the 631 households in Fránquez, PR declined from $25,212 from the previous year's value of $27,056.

The following chart displays the households in Fránquez, 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 < $10k range.

Wage Distribution

The closest comparable wage GINI for Fránquez, 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 Fránquez, 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

31 minutes

Average Travel Time

Using averages, employees in Fránquez, PR have a longer commute time (31 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Fránquez, PR have "super commutes" in excess of 90 minutes.

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

Car Ownership

3 cars

Average Number

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

Poverty

Poverty & Diversity

32% of the population for whom poverty status is determined in Fránquez, PR (493 out of 1.54k 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 Females 55 - 64, followed by Females 6 - 11 and then Females 25 - 34.

The most common racial or ethnic group living below the poverty line in Fránquez, PR is Hispanic, followed by Other and Two Or More.

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.

Fránquez, PR

About

Fránquez, PR

SHOW ME THE DATA

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

Median Earnings by Industry

Housing & Living

Housing

Property

Rent vs Own

Equity

Household Income

Wage Distribution

Transportation

Commuter Transportation

Commute Time

Car Ownership

Poverty

Poverty & Diversity

Social Needs

Keep Exploring