SalaryNode

Average All Occupations Salary in Arecibo, PR

The average annual salary for All Occupations in Arecibo, Puerto Rico, stands at $31,900. This figure is significantly lower than the national average of $67,140, reflecting regional economic factors and the specific labor market dynamics within Arecibo. Localized economic conditions, industry concentration, and the overall cost of labor in Puerto Rico contribute to this disparity.

Executive Summary

  • Average Salary: $31,900 per year.
  • Growth Trend: Salaries have shifted 21.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $55,310.
  • Outlook: With a total local workforce of 34,970 individuals, Arecibo demonstrates a substantial labor pool. The Jobs per 1,000 Workers metric indicates that for every thousand workers, there are 1000 jobs available within the 'All Occupations' category, suggesting a stable demand relative to the workforce size. The Location Quotient of 1 signifies that the concentration of these occupations in Arecibo is on par with the national average, indicating a balanced presence without over-saturation or significant undersupply.
2024 Market Data

Salary Overview

$31,900

The average All Occupations in Arecibo, PR earns-52.5%below the national average.

BreakdownBased on 40h/week
Hourly

$15.3

Weekly

$613

Monthly

$2,658

All Occupations Salary Distribution in Arecibo, PR

Salary progression within 'All Occupations' in Arecibo typically scales with experience. Entry-level positions will naturally command lower salaries, while mid-level and senior roles, requiring specialized skills and extensive experience, will see a significant increase. The percentile gaps between these experience levels are crucial indicators of career advancement opportunities and the potential for higher earning capacity within the local job market.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$19,760$9.5
ExperiencedProficient professional working independently.25% (Junior)$23,925$11.5
Mid-LevelEstablished expert. Standard market value.50% (Median)$23,500$11.3
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$39,875$19.2
Top TierIndustry leader / Executive level compensation.90% (Expert)$55,310$26.6

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$31,900

Gross Pay

Real Wage (Purchasing Power)

$31,900

Adjusted for COL (100)

The nominal average salary of $31,900 in Arecibo, when considered against a Cost of Living Index of 100 (which is the national average), suggests that the purchasing power of this salary is aligned with the national average. While the absolute salary is lower, the equivalent cost of living means that the real value of the income is comparable to what one might expect elsewhere in the country, although local variations in specific goods and services can still occur.

Job Market Context

34,970

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Arecibo, PR has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

A Location Quotient of 1 for 'All Occupations' in Arecibo indicates that the proportion of these jobs within the local economy is precisely the same as the national average. This suggests a market that is neither disproportionately concentrated nor significantly lacking in these roles compared to the rest of the United States. It implies a standard level of competition and availability for these positions.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Arecibo, PR

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Arecibo, PR?

The median annual salary for a All Occupations in Arecibo, PR is $31,900. This typically ranges from $19,760 for entry-level positions to $55,310 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Arecibo, PR is 52.5% lower than the national median of $67,140.

Is Arecibo, PR a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to the national average.The average salary of $31,900 is substantially lower than the national average of $67,140. However, the cost of living is also at the national average, meaning the purchasing power is relatively stable.

Is Arecibo, PR a good place to live for All Occupations?

The Cost of Living Index in Arecibo, PR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Arecibo, PR?

Some top paying nearby cities include Puerto Rico nonmetropolitan area ($31,250) and Aguadilla, PR.

How does the Arecibo salary compare to the rest of Puerto Rico?

While specific data for the entire island is not provided, the $31,900 average for Arecibo is likely representative of broader salary trends within Puerto Rico, which generally tend to be lower than the U.S. mainland.

What is the significance of the Jobs per 1,000 Workers metric?

This metric indicates that for every 1,000 individuals in the workforce, there are 1,000 jobs available in the 'All Occupations' category. This suggests a balanced job market where the number of available jobs aligns with the size of the workforce.

Does the Location Quotient of 1 mean Arecibo has average job opportunities?

Yes, a Location Quotient of 1 signifies that the concentration of 'All Occupations' in Arecibo is exactly the same as the national average. This implies a standard level of job availability and competition relative to the overall U.S. market.

How does the Cost of Living Index affect the $31,900 salary?

With a Cost of Living Index of 100, the $31,900 salary in Arecibo offers purchasing power equivalent to the national average. This means that while the nominal salary is lower, the local expenses are also at the national average, making the real income comparable.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 34,970 employees in the Arecibo, PR area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.