Living in Mayagüez, Puerto Rico
Cost of living, income, home prices, rent and demographics of Mayagüez · Census data 2020–2024
Mayagüez has 58,977 residents with a median age of 41.2. The median household income is $17,410 (34% lower than the Puerto Rico median), the median home value is $114,000, the median rent is $482/month.
Mayagüez at a glance
- Population
- 58,977
- Median age
- 41.2State: 44.8
- Median household income
- $17,410State: $26,297
- Median home value
- $114,000State: $131,500
- Median rent
- $482/moState: $578
- Homeowners
- 45.3%
- Bachelor's degree or higher
- 28.3%
- Average commute
- 21 min
Is Mayagüez a good place to live?
Pros: Home values 13% lower than the state median; an average commute of 21 minutes.
Cons: Median household income 34% lower than the Puerto Rico median; unemployment of 21.1%; a poverty rate of 54.7%.
The weather is best in December to March.
Cost of living in Mayagüez
Housing is the biggest part of the cost of living. In Mayagüez the median home value is $114,000, 66% lower than the U.S. median. Renters pay a median of $482 per month, which is 38.4% of household income. Homeowners with a mortgage pay $906 a month in housing costs.
Mayagüez median household income
The median household income in Mayagüez is $17,410 and the income per person is $14,396. 54.7% of residents live below the poverty line (Puerto Rico: 40.5%).
Housing in Mayagüez: homes for sale and rent
- Housing units
- 35,235
- Owner-occupied
- 45.3%
- Renter-occupied
- 54.7%
- Vacant
- 28.8%Includes seasonal homes
- Median year built
- 1967
- Average household size
- 2.29
Mayagüez demographics
- Population
- 58,977
- Median age
- 41.2
- Under 18
- 15.5%
- 65 and older
- 25.8%
- Households
- 25,076
- Foreign-born
- 2.6%
- Veterans
- 2.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Mayagüez ›
Education in Mayagüez
28.3% of adults 25 and older in Mayagüez have a bachelor's degree or higher (Puerto Rico: 29.8%), and 9.1% have a graduate or professional degree.
Jobs and commute in Mayagüez
- Unemployment rate
- 21.1%State: 10.7%
- Average commute
- 21 minState: 28 min
- Work from home
- 4.8%
- Drive alone
- 83.5%
- Public transit
- 1.1%
- Walk to work
- 4.5%
- Homes with broadband
- 84.7%
Mayagüez vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mayagüez | 58,977 | $17,410 | $114,000 | $482 |
| Hormigueros | 10,975 | $27,399 | $116,700 | $555 |
| Espino | 1,196 | $24,507 | $133,800 | — |
| Añasco | 4,616 | $24,329 | $112,400 | $568 |
| Las Marías | 1,688 | $28,105 | $121,300 | — |
| La Playa | 1,661 | $27,904 | $88,200 | — |
| Monte Grande | 3,475 | $27,781 | $130,000 | $468 |
| Cabo Rojo | 9,122 | $24,375 | $125,400 | $575 |
| Sabana Eneas | 1,466 | $19,226 | $80,000 | — |
More for people moving to Mayagüez
Mayagüez ZIP code ›Weather and climate ›Living in Mayagüez: FAQ
What is the median household income in Mayagüez, PR?
The median household income in Mayagüez is $17,410, 34% 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 Mayagüez?
The median home value in Mayagüez is $114,000, compared with $131,500 in Puerto Rico.
How much is rent in Mayagüez?
The median gross rent in Mayagüez is $482 per month, about 38.4% of household income.
Is Mayagüez, PR a good place to live?
Pluses: home values 13% lower than the state median; an average commute of 21 minutes. Minuses: median household income 34% lower than the Puerto Rico median; unemployment of 21.1%; a poverty rate of 54.7%.
What is the median age in Mayagüez?
The median age in Mayagüez is 41.2 years (Puerto Rico: 44.8).
How long is the commute in Mayagüez?
The average commute to work in Mayagüez is 21 minutes; 4.8% of workers work from home.
What is the unemployment rate in Mayagüez?
The unemployment rate in Mayagüez is 21.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mayagüez?
28.3% of adults in Mayagüez 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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