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Average All Occupations Salary in Puerto Rico

The average annual salary for All Occupations in Puerto Rico stands at $36,130, significantly below the national average of $67,140. This disparity is often influenced by a combination of economic factors unique to the island, including regional market dynamics and the cost of doing business.

Executive Summary

  • Average Salary: $36,130 per year.
  • Growth Trend: Salaries have shifted 17.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,110.
  • Outlook: With a substantial local workforce of 939,550 individuals, the job market for All Occupations in Puerto Rico demonstrates a significant presence. The Location Quotient of 1 indicates that the concentration of these jobs aligns precisely with the national average, suggesting a stable and consistent demand within the territory.
2024 Market Data

Salary Overview

$36,130

The average All Occupations in Puerto Rico earns-46.2%below the national average.

BreakdownBased on 40h/week
Hourly

$17.4

Weekly

$695

Monthly

$3,011

All Occupations Salary Distribution in Puerto Rico

Career progression in All Occupations typically involves a salary increase from entry-level to senior positions. The percentile gaps in earnings signify the value placed on experience, specialized skills, and leadership responsibilities, offering a clear path for career advancement and higher earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$19,800$9.5
ExperiencedProficient professional working independently.25% (Junior)$27,098$13
Mid-LevelEstablished expert. Standard market value.50% (Median)$27,030$13
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$45,163$21.7
Top TierIndustry leader / Executive level compensation.90% (Expert)$61,110$29.4

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$36,130

Gross Pay

Real Wage (Purchasing Power)

$38,032

Adjusted for COL (95)

The nominal average salary of $36,130 in Puerto Rico should be viewed in the context of its Cost of Living Index of 95. This index, slightly below the national average of 100, suggests that while the take-home pay is lower, the purchasing power may be relatively comparable to areas with higher nominal salaries but also higher living expenses.

Job Market Context

939,550

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Puerto Rico 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 Puerto Rico signifies that the industry's presence and employment levels are in equilibrium with the national landscape. This indicates neither an oversupply nor a significant undersupply of workers, suggesting a balanced and competitive job market.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Puerto Rico

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Puerto Rico?

The median annual salary for a All Occupations in Puerto Rico is $36,130. This typically ranges from $19,800 for entry-level positions to $61,110 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Puerto Rico is 46.2% lower than the national median of $67,140.

Is Puerto Rico a lucrative place for All Occupationss?

No, not in terms of nominal salary.The average salary of $36,130 is considerably lower than the national average. However, the lower cost of living index of 95 may offer some mitigation to this difference in purchasing power.

Is Puerto Rico a good place to live for All Occupations?

With a Cost of Living Index of 95 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Puerto Rico?

Some top paying nearby cities include Ponce, PR ($32,610) and Arecibo, PR.

How does Puerto Rico's cost of living compare to the US mainland?

Puerto Rico's Cost of Living Index is 95, which is slightly lower than the national average of 100, indicating that everyday expenses are marginally less expensive on the island.

What is the significance of the Location Quotient for All Occupations in Puerto Rico?

A Location Quotient of 1 means that the proportion of All Occupations jobs in Puerto Rico is the same as the national average, suggesting a standard level of industry concentration and demand.

How many people are employed in All Occupations in Puerto Rico?

The total local workforce for All Occupations in Puerto Rico comprises 939,550 individuals, representing a significant segment of the island's labor market.

What is the average salary for All Occupations nationally?

The national average annual salary for All Occupations is $67,140, providing a benchmark against which local salaries can be compared.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 939,550 employees in the Puerto Rico area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.