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This is a list of Puerto Rico locations by per capita income. In 2017, Puerto Rico had a per capita income of $12,081 — lower than any state and one of the lowest in the United States. [ 1 ] In 2017, Puerto Rico had a median household income of $19,775 — the lowest of any state or territory in the United States.
The salary distribution is right-skewed, therefore more than 50% of people earn less than the average net salary. These figures have been shrunk after the application of the income tax . In certain countries, actual incomes may exceed those listed in the table due to the existence of grey economies .
The economy of Puerto Rico is classified as a high-income economy by the World Bank and as the most competitive economy in Latin America by the World Economic Forum. [14] [15] The main drivers of Puerto Rico's economy are manufacturing, which primarily includes pharmaceuticals, textiles, petrochemicals, and electronics; followed by the service industry, notably finance, insurance, real estate ...
This is a list of U.S. states, territories, and Washington, D.C. by income. Data is given according to the 2023 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa , Guam , the Northern Mariana Islands and the U.S. Virgin Islands , for which the data comes from 2010, as ACS does not operate in these areas.
Post-tax income also increased, albeit by a slightly smaller margin. The real median post-tax household income jumped 3.7% from $66,800 in 2022 to $69,240 in 2023. The good news is that household ...
In the 1950s (the peak of Puerto Rican emigration from the island), as ~470,000 Puerto Ricans emigrated from their country, they went to cities like New York City (where 85% of which people settled), Philadelphia, and others along the East Coast. [17] [22] [23] Through the 60's and 70's, emigration from Puerto Rico declined dramatically.
Puerto Rico is classified as a high income economy by the World Bank and International Monetary Fund. [38] It is considered the most competitive economy in Latin America by the World Economic Forum and ranks highly on the Human Development Index. According to World Bank, gross national income per capita in Puerto Rico in 2020 was $21,740. [163]
The U.S. Department of Energy announced Thursday that it will disburse $440 million to install solar panels on low-income homes in Puerto Rico as the U.S. territory struggles with ongoing power ...