Lares
- Population
- 4,966
- Median household income
- $21,108
- Median home value
- $101,500
+26.5%’19–’23
+36.3%’19–’23
+10.7%’19–’23
Located in Lares Municipio, Puerto Rico, Lares is a community with a population of 4,966. At $21,108, its median household income sits above Lares Municipio's $19,323.
Between 2019 and 2023, Lares's population grew 26.5% from 3,925 to 4,966, while its median home value rose 10.7% from $91,700 to $101,500.
49.3% of residents live below the poverty line. Households average 2.33 people.
Demographics
ACS 2019–2023- Population
- 4,966
- Median age
- 49.5 yrs
- Median household income
- $21,108
- Median home value
- $101,500
- Median gross rent
- $475
- Housing units
- 2,669
- Homeownership rate
- 55.7%
- Bachelor's degree or higher
- 25.4%
- Unemployment rate
- 16.1%
Trends
ACS 5-year · 2019–20233,9254,966
$15,486$21,108
$91,700$101,500
$463$475
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 3,925 | $15,486 | $91,700 | $463 |
| 2020 | 4,368 | $16,379 | $90,100 | $460 |
| 2021 | 5,203 | $17,867 | $89,700 | $459 |
| 2022 | 4,871 | $19,254 | $101,300 | $470 |
| 2023 | 4,966 | $21,108 | $101,500 | $475 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 54.1%
5 to 1710.6%
18 to 248.7%
25 to 349.5%
35 to 4410.7%
45 to 5413.1%
55 to 6416.0%
65 to 7412.9%
75 and over14.3%
| Count | Share | |
|---|---|---|
| Under 5 | 206 | 4.1% |
| 5 to 17 | 527 | 10.6% |
| 18 to 24 | 431 | 8.7% |
| 25 to 34 | 474 | 9.5% |
| 35 to 44 | 533 | 10.7% |
| 45 to 54 | 649 | 13.1% |
| 55 to 64 | 795 | 16.0% |
| 65 to 74 | 642 | 12.9% |
| 75 and over | 709 | 14.3% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 38 | 0.8% |
| Black or African American | 0 | 0.0% |
| American Indian & Alaska Native | 0 | 0.0% |
| Asian | 0 | 0.0% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 10 | 0.2% |
| Two or more races | 0 | 0.0% |
| Hispanic or Latino (any race) | 4,918 | 99.0% |
Educational attainment (age 25+)
No high school diploma26.8%
High school graduate19.2%
Some college or associate's28.6%
Bachelor's degree19.4%
Graduate or professional degree6.0%
| Count | Share | |
|---|---|---|
| No high school diploma | 1,019 | 26.8% |
| High school graduate | 730 | 19.2% |
| Some college or associate's | 1,087 | 28.6% |
| Bachelor's degree | 739 | 19.4% |
| Graduate or professional degree | 227 | 6.0% |
Commute to work
- Mean travel time to work
- 28 min
Drove alone76.7%
Carpooled13.5%
Public transit0.0%
Walked4.2%
Bicycle0.0%
Worked from home4.9%
Other means0.7%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 1,166 | 76.7% |
| Carpooled | 205 | 13.5% |
| Public transit | 0 | 0.0% |
| Walked | 64 | 4.2% |
| Bicycle | 0 | 0.0% |
| Worked from home | 74 | 4.9% |
| Other means | 11 | 0.7% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 427 | 29.5% |
| 15 to 29 min | 504 | 34.9% |
| 30 to 44 min | 176 | 12.2% |
| 45 to 59 min | 102 | 7.1% |
| 60+ min | 237 | 16.4% |
Households
- Average household size
- 2.33
- Poverty rate
- 49.3% (2,432 of 4,932)
| Count | Share | |
|---|---|---|
| Family households | 1,416 | 67.2% |
| Nonfamily households | 692 | 32.8% |
Housing
- Median year structure built
- 1979
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 2,108 | 79.0% |
| Vacant | 561 | 21.0% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 1,175 | 55.7% |
| Renter-occupied | 933 | 44.3% |
1-unit, detached61.1%
1-unit, attached21.7%
2 to 4 units10.0%
5 to 19 units6.9%
20 or more units0.3%
Mobile home & other0.0%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 1,630 | 61.1% |
| 1-unit, attached | 580 | 21.7% |
| 2 to 4 units | 266 | 10.0% |
| 5 to 19 units | 185 | 6.9% |
| 20 or more units | 8 | 0.3% |
| Mobile home & other | 0 | 0.0% |
Geography
- Place GEOID
- 7242498
- Type (LSAD)
- 62
- Land area
- 2.02 sq mi
- Water area
- 0 sq mi
- Center point
- 18.2968, -66.8834
Puerto Rico rankings
21- Largest by population in Puerto Rico
- Most densely populated in Puerto Rico
- Highest median household income in Puerto Rico
- Highest median home value in Puerto Rico
- Most affordable home values in Puerto Rico
- Highest median gross rent in Puerto Rico
- Cheapest median gross rent in Puerto Rico
- Oldest by median age in Puerto Rico
- Youngest by median age in Puerto Rico
- Most college-educated in Puerto Rico
- Highest poverty rate in Puerto Rico
- Lowest poverty rate in Puerto Rico
- Highest homeownership rate in Puerto Rico
- Lowest homeownership rate in Puerto Rico
- Longest commutes in Puerto Rico
- Shortest commutes in Puerto Rico
- Largest households in Puerto Rico
- Newest housing in Puerto Rico
- Oldest housing in Puerto Rico
- Fastest-growing (2019–2023) in Puerto Rico
- Fastest-shrinking (2019–2023) in Puerto Rico
Other places in Lares Municipio
0None.