Average Laborers and Freight, Stock, and Material Movers, Hand Salary in Arecibo, PR
In Arecibo, Puerto Rico, the average annual salary for Laborers and Freight, Stock, and Material Movers, Hand stands at $23,640. This figure is notably lower than the national average of $41,390, reflecting regional economic factors and the specific labor market dynamics within Puerto Rico. Localized demand and the cost of doing business often influence these pay scales.
Executive Summary
- Average Salary: $23,640 per year.
- Growth Trend: Salaries have shifted 13.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $28,580.
- Outlook: The local workforce for Laborers and Freight, Stock, and Material Movers, Hand in Arecibo comprises approximately 260 individuals. With a Location Quotient of 0.38, this occupation is less concentrated in Arecibo compared to the national average, suggesting a potentially smaller but stable demand within the local economy. The presence of 7.337 jobs per 1,000 workers indicates a consistent, albeit not overwhelmingly high, need for these essential services.
Salary Overview
The average Laborers and Freight, Stock, and Material Movers, Hand in Arecibo, PR earns-42.9%below the national average.
$11.4
$455
$1,970
Laborers and Freight, Stock, and Material Movers, Hand Salary Trends (2020-2024)
While specific historical data for Arecibo is not provided, it is generally assumed that salaries for Laborers and Freight, Stock, and Material Movers, Hand have experienced gradual growth over the past four years, mirroring national trends. Economic recovery, inflation adjustments, and evolving labor demands typically contribute to modest annual increases in compensation for these roles.
Laborers and Freight, Stock, and Material Movers, Hand Salary Distribution in Arecibo, PR
Career progression for Laborers and Freight, Stock, and Material Movers, Hand typically involves gaining experience and specialized skills. Entry-level positions may start at the lower end of the pay scale, while senior movers with extensive experience and supervisory capabilities can command higher salaries. The percentile gaps in earnings signify the opportunities for advancement and increased earning potential as one moves up the career ladder.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $19,760 | $9.5 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $17,730 | $8.5 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $22,410 | $10.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $29,550 | $14.2 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $28,580 | $13.7 |
Detailed Laborers and Freight, Stock, and Material Movers, Hand Market Analysis
Relocation Context
Nominal Salary
$23,640
Gross Pay
Real Wage (Purchasing Power)
$23,640
Adjusted for COL (100)
The nominal average annual salary of $23,640 in Arecibo, PR, aligns precisely with the national Cost of Living Index of 100. This means that while the take-home pay is lower than the national average, the purchasing power of this salary within Arecibo is comparable to the national average. Therefore, the salary is adequate for maintaining a standard of living equivalent to the national median, considering local expenses.
Job Market Context
260
Total Jobs
7.337
Per 1K Jobs
0.38
Location Quotient
At 0.38x, Arecibo, PR has a notably lower concentration of Laborers and Freight, Stock, and Material Movers, Hand jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.38 indicates that Laborers and Freight, Stock, and Material Movers, Hand are less prevalent in Arecibo, PR, relative to the national average. This suggests that the job market for these roles is not saturated, and while demand exists, it is not exceptionally high. Employers may face moderate competition for skilled workers, but the overall abundance of these jobs is lower than the national benchmark.
Nearby Job Markets
Nearby Cities for Laborers and Freight, Stock, and Material Movers, Hand
Comparing salaries near Arecibo, PR
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Frequently Asked Questions
How much does a Laborers and Freight, Stock, and Material Movers, Hand make in Arecibo, PR?
The median annual salary for a Laborers and Freight, Stock, and Material Movers, Hand in Arecibo, PR is $23,640. This typically ranges from $19,760 for entry-level positions to $28,580 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Arecibo, PR is 42.9% lower than the national median of $41,390.
Is Arecibo, PR a lucrative place for Laborers and Freight, Stock, and Material Movers, Hands?
No, not exceptionally lucrative compared to the national average.The average salary of $23,640 is significantly below the national average, although the cost of living is also at the national average. This indicates that while expenses are comparable, the earning potential is considerably lower.
Is Arecibo, PR a good place to live for Laborers and Freight, Stock, and Material Movers, Hands?
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 ($23,730) and Aguadilla, PR.
How does the Arecibo salary compare to the national average?
The average annual salary for Laborers and Freight, Stock, and Material Movers, Hand in Arecibo, PR is $23,640, which is substantially lower than the national average of $41,390.
What is the concentration of this job in Arecibo?
The Location Quotient of 0.38 signifies that this occupation is less concentrated in Arecibo compared to the national average, indicating a smaller presence within the local job market.
Does the cost of living affect the salary's value in Arecibo?
With a Cost of Living Index of 100, the local expenses in Arecibo are on par with the national average. This means the $23,640 salary offers a purchasing power equivalent to the national average, despite being a lower nominal amount.
How many of these jobs are there in Arecibo?
There are approximately 7.337 jobs per 1,000 workers in Arecibo for Laborers and Freight, Stock, and Material Movers, Hand, with a total local workforce of around 260 individuals in this role.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Arecibo, PR area with a job density of 7.337 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Laborers and Freight, Stock, and Material Movers, Hand • Data source: BLS OEWS 2024 •Jobs in Arecibo, PR