Hormigueros Municipio, Puerto Rico

• Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
• Elevated poverty: At 37%, the rate is in economically distressed territory and supports federal funding narratives (CDFI, NMTC, EDA).
• Talent gap: Bachelor's-or-higher attainment trails the national average by 5.3 pts, relevant for advanced-services attraction strategy.
• Aging population: Median age of 50 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

• Largest private-sector industry: Retail Trade employs 863 workers (36.4% of tracked sectors), at an average wage of $23,779. Every industry figure on this page is private sector; government employs a further 657 and is counted separately.
• Wage stratification: Finance and Insurance averages $39,210 while Agriculture, Forestry, Fishing and Hunting averages $11,492, a 3.4x spread in the same local economy, with implications for workforce development and talent strategy.

• Top specialization: Gasoline Stations and Fuel Dealers concentrates at 7.06x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
• Cluster depth: 9 sub-sectors register LQ ≥ 1.5, but 70.4% of the employment across them depends on one source of demand: resident household spending. Read the count as depth within that single demand base rather than as spread across separate ones.

• In line with national: Home value to income ratio of 4.5x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
• High home ownership: 72.5% owner-occupied; rental supply may be tight for incoming workers.
• Vacancy level: 20.3% of housing units are vacant, below the Puerto Rico rate of 21%, and up from 18.2% in 2019.
• Vacancy composition: the largest vacancy category is other vacant at 74.2% of vacant units, with seasonal and recreational use at 13.8%.
• Genuinely available supply: units listed for rent or for sale are 11.4% of the vacant stock, or 2.3% of all housing units against the 20.3% headline vacancy rate. Absorbable supply for an incoming employer is thin, and the gap between the two is the redevelopment and conversion opportunity.
• Rent affordability gap: None of the 5 HUD Fair Market Rent bedroom sizes sit below what a household on the median renter income of $16,919 can pay without cost burden (~$423/mo), and 31.9% of renter households are already cost-burdened, 18% severely so; workforce housing cost burden warrants attention.

• Succession risk is real: 23.3% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
• Low participation: 44.3% labor force participation. The labor force itself fell 5.3% between 2019 and 2024, from 6,377 to 6,037.
• Talent pipeline: no college, university, or technical school is located in Hormigueros Municipio per the IPEDS institutional directory, so any training pipeline serving it runs through institutions outside the county.

Hormigueros Municipio shows strong potential for gasoline stations and fuel dealers attraction, with a 7.06x concentration and 161 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 23.3% of the working-age population within 10 years of retirement age.

Most of the employment across the concentrated sub-sectors traces back to a single source of demand. Resident household spending accounts for 70.4% of it, with food and beverage retailers the largest single sub-sector at 30.4%. Recruitment that widens the demand base changes that exposure; recruitment inside the same base deepens it.