Saturday, December 16, 2017

Income drops for 65% of Puerto Rico households

By on December 7, 2017

SAN JUAN – The U.S. Census Bureau published Thursday the most recent data from its Puerto Rico Community Survey (PRCS). The statistics refer to information collected from 2012 to 2016. The data provide estimates of demographic, social, economic and housing characteristics.

Household income includes the income of the householder and all other people 15 years and older, whether or not they are related to the householder.

As the leading entity of the U.S. Census Bureau in Puerto Rico, the Puerto Rico Statistics Institute (PRSI) presented the following summary of the results:

1) During the five-year period (2012-16) the median household income–which is based on the income distribution of all households, including those with no income–in Puerto Rico was $19,606. It decreased by about 4 percent compared with the previous period (2007-11), when median income was $20,403.

For comparison purposes, stateside median household income is $57,617, according to the 2016 American Community Survey, which does not include Puerto Rico data.

2) Comparing the two five-year periods (2012-16 vs. 2007-11) at the municipal level:

• Fifty-one municipalities registered a decline in median household income, and in 17 of these municipalities the change was statistically significant, at a 90% confidence level, which is statistically different from zero.
• The five municipalities that showed the greatest decrease according to the percentage change in household income were: Guayama, Las Marías, Adjuntas, Lajas and Santa Isabel.
• On the other hand, the five municipalities that showed the greatest increase in household income were: Salinas, Naranjito, Culebra, Juana Díaz and Morovis.

Percentage change in median household income: 2007-11 to 2012-16

“At the level of Puerto Rico, the data indicate a reduction of around $800 in household income during the most recent five-year period 2012-16 compared to the previous 2007-2011. When looking at income by category, the proportion of households with incomes under $10,000 increased from 28% to 29% between the two periods, indicating more households with minimum incomes in Puerto Rico.

“Regarding the municipalities, 65% of these reflected a decrease in median household income without showing any particular geographical pattern. On the other hand, seven municipalities showed an increase of 12% or more in household income–located in the center, south and east of Puerto Rico,” said Alberto L. Velázquez-Estrada, manager of statistical projects at PRSI.

Median household income between the 2007-11 and 2012-16 periods, Puerto Rico and municipalities, by income (ingreso) and change (cambio). An asterisk preceding an estimate indicates statistically different from zero at the 90 percent confidence level.

More statistics on the survey estimates can be obtained at: http://factfinder2.census.gov/ and https://censo.estadisticas.pr/.

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