Palomas, PR

Census Place

2024 Population

1,207

2024 Median Age

7.41% 1-year decrease

2024 Poverty Rate

45.9%

6.68% 1-year decrease

2024 Median Household Income

$15,264

16.3% 1-year growth

2024 Median Property Value

$85,600

11.2% 1-year growth

2024 Employed Population

299

34.7% 1-year growth

Economy

The economy of Palomas, PR employs 299 people. In 2024, the largest industries in Palomas, PR were Manufacturing (93 people), Public Administration (52 people), and Real Estate & Rental & Leasing (42 people), and the highest paying industries were Manufacturing ($30,125).

Employment

Occupations

299

2024 Value

± 170

34.7%

1 Year growth

± 69.9%

From 2023 to 2024, employment in Palomas, PR grew at a rate of 34.7%, from 222 employees to 299 employees.

The most common job groups, by number of people living in Palomas, PR, are Office & Administrative Support Occupations (63 people), Law Enforcement Workers Including Supervisors (52 people), and Management Occupations (39 people). This chart illustrates the share breakdown of the primary jobs held by residents of Palomas, 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

299

2024 Value

± 170

34.7%

1 Year growth

± 69.9%

From 2023 to 2024, employment in Palomas, PR grew at a rate of 34.7%, from 222 employees to 299 employees.

The most common employment sectors for those who live in Palomas, PR, are Manufacturing (93 people), Public Administration (52 people), and Real Estate & Rental & Leasing (42 people). This chart shows the share breakdown of the primary industries for residents of Palomas, PR, though some of these residents may live in Palomas, PR and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$25,288

Median earning men ± $9,809

$21,280

Median earning women ± $11,881

The industries with the best median earnings for men in 2024 are Manufacturing ($31,000).

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

Housing & Living

The median property value in Palomas, PR was $85,600 in 2024, which is 0.257 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $77,000 to $85,600, a 11.2% increase. The homeownership rate in Palomas, PR is 70.4%, which is higher than the national average of 65.2%.

People in Palomas, PR have an average commute time of 15.1 minutes, and they drove alone to work. Car ownership in Palomas, PR is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$85,600

Median Property Value 2024

±$13,633

$416

Median Property Taxes

±$145

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

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

Rent vs Own

70.4%

Homeownership

2024

80.6%

Homeowners with Mortgage

2024

In 2024, 70.4% of the housing units in Palomas, PR were occupied by their owner. This percentage grew from the previous year's rate of 67%.

This chart shows the percentage of owner in Palomas, 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.

$15,264

Median Household Income

± $2,661

591

Number of Households

± 173

In 2024, the median household income of the 591 households in Palomas, PR grew to $15,264 from the previous year's value of $13,125.

The following chart displays the households in Palomas, 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 Palomas, 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 (82.9%)
Worked At Home (17.1%)

In 2024, 82.9% of workers in Palomas, PR drove alone to work, followed by those who worked at home (17.1%) and those who carpooled 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

15.1 minutes

Average Travel Time

Using averages, employees in Palomas, PR have a shorter commute time (15.1 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Palomas, PR have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

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

Poverty

Poverty & Diversity

45.9% of the population for whom poverty status is determined in Palomas, PR (554 out of 1.21k 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 75+ and then Females 65 - 74.

The most common racial or ethnic group living below the poverty line in Palomas, 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.

Palomas, PR

About

Palomas, 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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