Olimpo, PR

Census Place

2024 Population

1,384

2024 Median Age

61.6

4.58% 1-year increase

2024 Poverty Rate

40.1%

12.6% 1-year increase

2024 Median Household Income

$18,912

2.73% 1-year decline

2024 Median Property Value

$88,400

7.34% 1-year decline

2024 Employed Population

349

22.9% 1-year growth

Economy

The economy of Olimpo, PR employs 349 people. In 2024, the largest industries in Olimpo, PR were Health Care & Social Assistance (95 people), Educational Services (37 people), and Public Administration (34 people), and the highest paying industries were Health Care & Social Assistance ($35,301), Educational Services, & Health Care & Social Assistance ($21,932), and Educational Services ($16,827).

Employment

Occupations

349

2024 Value

± 168

22.9%

1 Year growth

± 60.4%

From 2023 to 2024, employment in Olimpo, PR grew at a rate of 22.9%, from 284 employees to 349 employees.

The most common job groups, by number of people living in Olimpo, PR, are Office & Administrative Support Occupations (124 people), Sales & Related Occupations (43 people), and Community & Social Service Occupations (37 people). This chart illustrates the share breakdown of the primary jobs held by residents of Olimpo, 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

349

2024 Value

± 168

22.9%

1 Year growth

± 60.4%

From 2023 to 2024, employment in Olimpo, PR grew at a rate of 22.9%, from 284 employees to 349 employees.

The most common employment sectors for those who live in Olimpo, PR, are Health Care & Social Assistance (95 people), Educational Services (37 people), and Public Administration (34 people). This chart shows the share breakdown of the primary industries for residents of Olimpo, PR, though some of these residents may live in Olimpo, PR and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$14,022

Median earning men ± $12,170

$20,417

Median earning women ± $16,422

The industries with the best median earnings for men in 2024 are .

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($35,162).

Housing & Living

The median property value in Olimpo, PR was $88,400 in 2024, which is 0.266 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $95,400 to $88,400, a 7.34% decrease. The homeownership rate in Olimpo, PR is 89.8%, which is higher than the national average of 65.2%.

People in Olimpo, PR have an average commute time of 28 minutes, and they drove alone to work. Car ownership in Olimpo, PR is lower than the national average, with an average of 1 car per household.

Housing

Property

$88,400

Median Property Value 2024

±$14,741

$631

Median Property Taxes

±$182

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

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

Rent vs Own

89.8%

Homeownership

2024

54.1%

Homeowners with Mortgage

2024

In 2024, 89.8% of the housing units in Olimpo, PR were occupied by their owner. This percentage declined from the previous year's rate of 93.4%.

This chart shows the percentage of owner in Olimpo, 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.

$18,912

Median Household Income

± $4,258

703

Number of Households

± 203

In 2024, the median household income of the 703 households in Olimpo, PR declined from $18,912 from the previous year's value of $19,443.

The following chart displays the households in Olimpo, 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 Olimpo, 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

Most Common Commute in 2024

Drove Alone (80.2%)
Carpooled (10.6%)
Worked At Home (5.16%)

In 2024, 80.2% of workers in Olimpo, PR drove alone to work, followed by those who carpooled to work (10.6%) and those who worked at home (5.16%).

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

28 minutes

Average Travel Time

Using averages, employees in Olimpo, PR have a longer commute time (28 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Olimpo, PR have "super commutes" in excess of 90 minutes.

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

Car Ownership

1 car

Average Number

The following chart displays the households in Olimpo, PR distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Olimpo, PR have 1 car.

Poverty

Poverty & Diversity

40.1% of the population for whom poverty status is determined in Olimpo, PR (555 out of 1.38k 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 65 - 74, followed by Males 75+ and then Females 65 - 74.

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

Olimpo, PR

About

Olimpo, PR

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About

Population & Diversity

Diversity

Race and Ethnicity

Global Diversity

Military

Veterans

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

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