Puerto RICO Salary
| Annual Salary | Weekly Pay | |
|---|---|---|
| Top Earners | $104,000 | $2,000 |
| 75th Percentile | $87,500 | $1,682 |
| Average | $54,810 | $1,054 |
| 25th Percentile | $22,000 | $423 |
Contents
What is the average income in Puerto Ricans?
Table
| Population | |
|---|---|
| Mean travel time to work (minutes), workers age 16 years+, 2015-2019 | 29.3 |
| Income & Poverty | |
| Median household income (in 2019 dollars), 2015-2019 | $20,539 |
| Per capita income in past 12 months (in 2019 dollars), 2015-2019 | $12,914 |
What is a high income in Puerto Rico?
Data for the municipalities of Puerto Rico is from the U.S. Census Bureau (2013-2017 American Community Survey 5-Year Estimates).
Puerto Rico municipalities ranked by per capita income.
| Rank | 1 |
|---|---|
| Municipality | Guaynabo |
| Per capita income (2017) | $24,264 |
| Median household income (2017) | $34,060 |
How much do cops get paid in Puerto Rico?
The average salary for a police officer in Puerto Rico is around $33,010 per year.
Is there a rich part of Puerto Rico?
Known for its white sand beaches and killer rums, Puerto Rico hopes to stake a new claim: tax haven for the wealthy.The Condado district in San Juan, the capital city, is home to some of the most expensive beachfront real estate on the island.
Is living in Puerto Rico expensive?
Numbeo.com, a database that calculates and compares various economic factors, reports that it costs 5.7% less to live in Puerto Rico than it does in the rest of the U.S. (July 2019).Even the more expensive parts of the island are still less expensive than most major U.S. cities.
What percentage of Puerto Rico is poor?
In 2019, of Puerto Rico’s 3.2 million people, 43.1% of the total population and 57% of children lived in poverty. For comparison, the U.S. national poverty rate was drastically lower at 13.1%. Poverty in Puerto Rico has become a chronic issue as a long-term recession resulted in massive debt.
What is Puerto Rico minimum wage?
$7.25
The current minimum is $7.25 an hour. Puerto Rico’s minimum wage will automatically increase to $8.50 per hour on Jan. 1, 2022, and to $9.50 per hour on July 1, 2023, for all employees covered by the Fair Labor Standards Act.
What do most people in Puerto Rico do for a living?
There are nearly as many Puerto Ricans living stateside as there are on the island.When the United States acquired the island in 1898, most Puerto Ricans worked in agriculture; today most jobs are industrial. One-third of Puerto Rico’s population is concentrated in the San Juan metropolitan area.
How much does a police officer make an hour in Puerto Rico?
Salary Recap
The average pay for a Police Officer is $49,024 a year and $24 an hour in Puerto Rico, United States.
How many police officers are in Puerto Rico?
11,500 officers
Puerto Rico’s police department has more than 11,500 officers that serve an island of 3.3 million people.
Who’s the richest person in Puerto Rico?
Orlando Bravo
| Orlando Bravo | |
|---|---|
| Born | 1970 Mayagüez, Puerto Rico |
| Nationality | Puerto Rican |
| Education | Brown University Stanford Law School Stanford Graduate School of Business |
| Occupation | Businessman |
Who is the richest in Puerto Rico?
1. Orlando Bravo – Net Worth: $6.3 Billion. Orlando Bravo is the first Puerto Rican-born billionaire. Described by Forbes as “Wall Street’s hottest dealmaker,” Bravo has made his fortune as the founder and managing partner of Thomas Bravo, one of the top private equity firms in the world.
Where do the rich stay in Puerto Rico?
The Condado Vanderbilt Hotel in San Juan, Puerto Rico
Enter Condado Vanderbilt Hotel and experience the indescribable sheen of grandeur. Located in San Juan, Puerto Rico, Condado Vanderbilt—a prized gem gleaming anew—has been re-crafted piece-by-piece into its rich Spanish Revival architectural heritage.
How much do you need to live comfortably in Puerto Rico?
It is possible to live comfortably in Puerto Rico for around $2,000 a month. However, there are still many ways that you can keep it affordable if that is what you are looking for as it is generally cheaper for grocery, healthcare, education and daily expenses.
How much money do I need to live in Puerto Rico?
Summary: Family of four estimated monthly costs are 3,077$ without rent. A single person estimated monthly costs are 887$ without rent. Cost of living in Puerto Rico is, on average, 3.99% lower than in United States.
What are the pros and cons of living in Puerto Rico?
Puerto Rico Pros and Cons
- Warm weather all the time.
- Longest Christmas season in the world.
- Lots of bilingual people (if you don’t speak Spanish)
- Some of the best rum in the world.
- People are warm, friendly and helpful.
- Flip flops and sandals year-round.
- Beautiful men and women!
- Great boating, fishing, diving and surfing.
Is Puerto Rico richer than Mexico?
Puerto Rico has a GDP per capita of $39,400 as of 2017, while in Mexico, the GDP per capita is $19,900 as of 2017.
What is the most common job in Puerto Rico?
The most common jobs held by residents of Puerto Rico, by number of employees, are Secretaries and administrative assistants, except legal, medical, and executive (44,944 people), Cashiers (39,928 people), and Retail salespersons (31,356 people).
What is the poorest US state?
New Hampshire
States, federal district, and territories
| Rank | State | Supplemental Poverty Measure (2017–2019 average) (Geographically Adjusted) |
|---|---|---|
| – | United States | 11.7% |
| 1 | New Hampshire | 8.3% |
| 2 | Utah | 8.0% |
| 3 | Maryland | 12.0% |
Is Puerto Rico cheaper than us?
Overall, the cost of living in Puerto Rico is approximately 13% higher than in the United States. Grocery prices are 22.7% higher than the United States average. The cost of utilities is approximately 85% higher than in the United States. Housing and transportation are slightly lower than the national average.
