Palmas del Mar, PR

Census Place

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2022 Population

2,492

7% 1-year growth

2022 Median Age

46.3

0.216% 1-year decrease

2022 Poverty Rate

20.7%

23% 1-year decrease

2022 Median Household Income

$89,231

0.122% 1-year decline

2022 Median Property Value

$393,900

29.6% 1-year growth

About

In 2022, Palmas del Mar, PR had a population of 2.49k people with a median age of 46.3 and a median household income of $89,231. Between 2021 and 2022 the population of Palmas del Mar, PR grew from 2,329 to 2,492, a 7% increase and its median household income declined from $89,340 to $89,231, a −0.122% decrease.

The 5 largest ethnic groups in Palmas del Mar, PR are Other (Hispanic) (41.3%), White (Hispanic) (26.1%), Two+ (Hispanic) (11.4%), Black or African American (Hispanic) (9.51%), and Other (Non-Hispanic) (6.62%).

None of the households in Palmas del Mar, PR reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

In 2022, the median property value in Palmas del Mar, PR was $393,900, and the homeownership rate was 89%.

Most people in Palmas del Mar, PR drove alone to work, and the average commute time was 34.8 minutes. The average car ownership in Palmas del Mar, PR was 2 cars per household.

United States Puerto Rico Humacao Municipio, PR San Juan-Carolina-Caguas, PR Humacao, Fajardo & Islas Municipios PUMA, PR

Economy

The economy of Palmas del Mar, PR employs 1.05k people. The largest industries in Palmas del Mar, PR are Professional, Scientific, & Technical Services (188 people), Health Care & Social Assistance (180 people), and Retail Trade (147 people), and the highest paying industries are Finance & Insurance ($193,111), Finance & Insurance, & Real Estate & Rental & Leasing ($192,778), and Manufacturing ($102,931).

Employment

Occupations

1.05k

2022 Value

± 287

20.5%

1 Year growth

± 33%

From 2021 to 2022, employment in Palmas del Mar, PR grew at a rate of 20.5%, from 875 employees to 1.05k employees.

The most common job groups, by number of people living in Palmas del Mar, PR, are Management Occupations (156 people), Business & Financial Operations Occupations (120 people), and Health Diagnosing & Treating Practitioners & Other Technical Occupations (96 people). This chart illustrates the share breakdown of the primary jobs held by residents of Palmas del Mar, PR.

Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in (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.

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Industries

Employment by Industries

1.05k

2022 Value

± 287

20.5%

1 Year growth

± 33%

From 2021 to 2022, employment in Palmas del Mar, PR grew at a rate of 20.5%, from 875 employees to 1.05k employees.

The most common employment sectors for those who live in Palmas del Mar, PR, are Professional, Scientific, & Technical Services (188 people), Health Care & Social Assistance (180 people), and Retail Trade (147 people). This chart shows the share breakdown of the primary industries for residents of Palmas del Mar, PR, though some of these residents may live in Palmas del Mar, PR and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$31,106

Median earning men ± $39,245

$49,830

Median earning women ± $16,813

The industries with the best median earnings for men in 2022 are Manufacturing ($104,957), Educational Services, & Health Care & Social Assistance ($67,589), and Retail Trade ($28,547).

The industries with the best median earnings for women in 2022 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($71,343), Educational Services, & Health Care & Social Assistance ($49,028), and Finance & Insurance, & Real Estate & Rental & Leasing ($47,692).

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

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

Measure

In 2022, 1.73% of men over 25 years of age had not completed any academic degree (no schooling), while 1.44% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

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

Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (756k), Bachelors Degree (514k), and Primary Education (462k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Palmas del Mar, PR was $393,900 in 2022, which is 1.4 times larger than the national average of $281,900. Between 2021 and 2022 the median property value increased from $303,900 to $393,900, a 29.6% increase. The homeownership rate in Palmas del Mar, PR is 89%, which is approximately the same as the national average of 64.8%.

People in Palmas del Mar, PR have an average commute time of 34.8 minutes, and they drove alone to work. Car ownership in Palmas del Mar, PR is approximately the same as the national average, with an average of 2 cars per household.

Property

$393,900

Median Property Value 2022

±$77,236

$691

Median Property Taxes

±$183

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 Palmas del Mar, PR the largest share of households pay taxes in the None range.

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

Rent vs Own

89%

Homeownership

2022

69.9%

Homeowners with Mortgage

2022

In 2022, 89% of the housing units in Palmas del Mar, PR were occupied by their owner. This percentage grew from the previous year's rate of 85.2%.

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

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

The following map shows all of the places in Palmas del Mar, PR colored by their Median Household Income (Total).

Household Income

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

$89,231

Median Household Income

± $31,476

776

Number of Households

± 197

In 2022, the median household income of the 776 households in Palmas del Mar, PR declined from $89,231 from the previous year's value of $89,340.

The following chart displays the households in Palmas del Mar, 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 $200k+ range.

Wage Distribution

The closest comparable wage GINI for Palmas del Mar, PR is from Puerto Rico.

0.457

2022 Wage GINI in Puerto Rico

0.456

2021 Wage GINI in Puerto Rico

In 2022, the income inequality in Puerto Rico was 0.457 according to the GINI calculation of the wage distribution. Income inequality had a 0.209% growth from 2021 to 2022, which means that wage distribution grew somewhat less even. The GINI for Puerto Rico was lower than than the national average of 0.478. 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 2022

Drove Alone (83%)
Worked At Home (10.2%)
Walked (4.54%)

In 2022, 83% of workers in Palmas del Mar, PR drove alone to work, followed by those who worked at home (10.2%) and those who walked to work (4.54%).

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

34.8 minutes

Average Travel Time

Using averages, employees in Palmas del Mar, PR have a longer commute time (34.8 minutes) than the normal US worker (26.7 minutes). Additionally, 2.91% of the workforce in Palmas del Mar, PR have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

The following chart displays the households in Palmas del Mar, PR distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Palmas del Mar, PR have 2 cars.

Poverty

Poverty & Diversity

20.7% of the population for whom poverty status is determined in Palmas del Mar, PR (514 out of 2.48k 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 25 - 34, followed by Males 18 - 24 and then Females 55 - 64.

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

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
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

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

Health

98.1% of the population of Palmas del Mar, PR has health coverage, with 33.9% on employee plans, 6.14% on Medicaid, 18.4% on Medicare, 38% on non-group plans, and 1.61% on military or VA plans.

Coverage

Health Care Diversity

In 2022, insured persons according to age ranges were distributed in 17.1% under 18 years, 21.3% between 18 and 34 years, 37% between 35 and 64 years, and 24.6% over 64 years.

By gender, of the total number of insured persons, 48.5% were men and 51.5% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

1.89%

Uninsured

33.9%

Employer Coverage

6.14%

Medicaid

18.4%

Medicare

38%

Non-Group

1.61%

Military or VA

Between 2021 and 2022, the percent of uninsured citizens in Palmas del Mar, PR declined by 0.169% from 1.89% to 1.89%.

The following chart shows how the percent of uninsured individuals in Palmas del Mar, PR changed over time compared with the percent of individuals enrolled in various types of health insurance.

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