Living in Fajardo, Puerto Rico
Cost of living, income, home prices, rent and demographics of Fajardo · Census data 2020–2024
Fajardo has 24,269 residents with a median age of 43.6. The median household income is $25,380 (3% lower than the Puerto Rico median), the median home value is $121,400, the median rent is $619/month.
Fajardo at a glance
- Population
- 24,269
- Median age
- 43.6State: 44.8
- Median household income
- $25,380State: $26,297
- Median home value
- $121,400State: $131,500
- Median rent
- $619/moState: $578
- Homeowners
- 64.8%
- Bachelor's degree or higher
- 30.5%
- Average commute
- 27 min
Is Fajardo a good place to live?
Pros: Home values 8% lower than the state median; an average commute of 27 minutes.
Cons: Median household income 3% lower than the Puerto Rico median; unemployment of 17.2%; a poverty rate of 42.4%.
The weather is best in January to April.
Cost of living in Fajardo
Housing is the biggest part of the cost of living. In Fajardo the median home value is $121,400, 64% lower than the U.S. median. Renters pay a median of $619 per month, which is 33.6% of household income. Homeowners with a mortgage pay $802 a month in housing costs.
Fajardo median household income
The median household income in Fajardo is $25,380 and the income per person is $14,873. 42.4% of residents live below the poverty line (Puerto Rico: 40.5%).
Housing in Fajardo: homes for sale and rent
- Housing units
- 14,491
- Owner-occupied
- 64.8%
- Renter-occupied
- 35.2%
- Vacant
- 30.8%Includes seasonal homes
- Median year built
- 1977
- Average household size
- 2.40
30.8% of homes are vacant most of the year, a sign that Fajardo has many vacation and second homes.
Fajardo demographics
- Population
- 24,269
- Median age
- 43.6
- Under 18
- 18.4%
- 65 and older
- 23.6%
- Households
- 10,030
- Foreign-born
- 2%
- Veterans
- 4.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Fajardo ›
Education in Fajardo
30.5% of adults 25 and older in Fajardo have a bachelor's degree or higher (Puerto Rico: 29.8%), and 7.1% have a graduate or professional degree.
Jobs and commute in Fajardo
- Unemployment rate
- 17.2%State: 10.7%
- Average commute
- 27 minState: 28 min
- Work from home
- 9.4%
- Drive alone
- 76.7%
- Public transit
- 1.3%
- Walk to work
- 2.3%
- Homes with broadband
- 85.9%
Fajardo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fajardo | 24,269 | $25,380 | $121,400 | $619 |
| Luis M. Cintrón | 2,086 | $20,708 | $82,500 | $437 |
| Las Croabas | 548 | $19,405 | $176,800 | — |
| Ramos | 963 | $22,024 | $114,000 | $466 |
| Santa María | 1,059 | $21,923 | $121,800 | $422 |
| Ceiba | 4,942 | $25,270 | $114,800 | $584 |
| Luquillo | 7,387 | $23,719 | $132,900 | $418 |
| Aguas Claras | 2,120 | $24,238 | $106,700 | — |
| Playa Fortuna | 1,650 | $20,202 | $120,700 | — |
More for people moving to Fajardo
Fajardo ZIP code ›Weather and climate ›Living in Fajardo: FAQ
What is the median household income in Fajardo, PR?
The median household income in Fajardo is $25,380, 3% lower than the Puerto Rico median of $26,297 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Fajardo?
The median home value in Fajardo is $121,400, compared with $131,500 in Puerto Rico.
How much is rent in Fajardo?
The median gross rent in Fajardo is $619 per month, about 33.6% of household income.
Is Fajardo, PR a good place to live?
Pluses: home values 8% lower than the state median; an average commute of 27 minutes. Minuses: median household income 3% lower than the Puerto Rico median; unemployment of 17.2%; a poverty rate of 42.4%.
What is the median age in Fajardo?
The median age in Fajardo is 43.6 years (Puerto Rico: 44.8).
How long is the commute in Fajardo?
The average commute to work in Fajardo is 27 minutes; 9.4% of workers work from home.
What is the unemployment rate in Fajardo?
The unemployment rate in Fajardo is 17.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fajardo?
30.5% of adults in Fajardo 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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