Living in Esperanza, Puerto Rico
Cost of living, income, home prices, rent and demographics of Esperanza · Census data 2020–2024
Esperanza has 703 residents with a median age of 59. The median home value is $128,400.
Esperanza is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Esperanza at a glance
- Population
- 703
- Median age
- 59State: 44.8
- Median home value
- $128,400State: $131,500
- Homeowners
- 67.9%
- Bachelor's degree or higher
- 6.8%
Is Esperanza a good place to live?
Pros: Home values about the same as the state median; a poverty rate of 40.3%.
The weather is best in January to April.
Cost of living in Esperanza
Housing is the biggest part of the cost of living. In Esperanza the median home value is $128,400, 61% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Housing in Esperanza: homes for sale and rent
- Housing units
- 556
- Owner-occupied
- 67.9%
- Renter-occupied
- 32.1%
- Vacant
- 47.8%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 2.42
47.8% of homes are vacant most of the year, a sign that Esperanza has many vacation and second homes.
Esperanza demographics
- Population
- 703
- Median age
- 59
- Under 18
- 10.7%
- 65 and older
- 36%
- Households
- 290
- Foreign-born
- 0%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Esperanza ›
Education in Esperanza
6.8% of adults 25 and older in Esperanza have a bachelor's degree or higher (Puerto Rico: 29.8%), and 6.8% have a graduate or professional degree.
Jobs and commute in Esperanza
- Unemployment rate
- 0%State: 10.7%
- Average commute
- —State: 28 min
- Work from home
- 23.3%
- Drive alone
- 76.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Esperanza vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Esperanza | 703 | — | $128,400 | — |
| Vieques | 2,050 | $15,988 | $101,700 | $450 |
| Daguao | 959 | $26,167 | $104,400 | — |
| Aguas Claras | 2,120 | $24,238 | $106,700 | — |
| Ceiba | 4,942 | $25,270 | $114,800 | $584 |
| Santa María | 1,059 | $21,923 | $121,800 | $422 |
| Luis M. Cintrón | 2,086 | $20,708 | $82,500 | $437 |
| Culebra | 1,262 | $28,519 | $99,600 | $516 |
| Naguabo | 4,141 | $24,470 | $101,700 | $473 |
More for people moving to Esperanza
Esperanza ZIP code ›Weather and climate ›Living in Esperanza: FAQ
What is the average home price in Esperanza?
The median home value in Esperanza is $128,400, compared with $131,500 in Puerto Rico.
Is Esperanza, PR a good place to live?
Pluses: home values about the same as the state median; a poverty rate of 40.3%.
What is the median age in Esperanza?
The median age in Esperanza is 59 years (Puerto Rico: 44.8).
What is the unemployment rate in Esperanza?
The unemployment rate in Esperanza is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Esperanza?
6.8% of adults in Esperanza have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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