Naguabo Municipio, Puerto Rico

• Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
• Below the state median: Median household income runs $2,902 (11.0%) under the Puerto Rico median, so statewide income averages overstate local household buying power.
• Elevated poverty: At 46.3%, 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 12.9 pts, relevant for advanced-services attraction strategy.

• Largest private-sector industry: Manufacturing employs 294 workers (40.8% of tracked sectors), at an average wage of $36,276. Every industry figure on this page is private sector; government employs a further 645 and is counted separately.
• Wage stratification: Finance and Insurance averages $39,840 while Agriculture, Forestry, Fishing and Hunting averages $18,121, a 2.2x spread in the same local economy, with implications for workforce development and talent strategy.

• Top specialization: Animal Production and Aquaculture concentrates at 11.40x 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, and no single source of demand accounts for more than 45.5% of the employment across them, the largest being resident household spending. Demand reaches this base from more than one market rather than from a single one.

• 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: 73.1% owner-occupied; rental supply may be tight for incoming workers.
• Elevated vacancy: 26.3% of housing units are vacant, above the Puerto Rico rate of 21%, and down from 29.4% in 2019.
• Mostly second homes: seasonal, recreational and occasional-use units are 27.8% of vacant units, so the headline rate is not available supply.
• Genuinely available supply: units listed for rent or for sale are 8.9% of the vacant stock, or 2.3% of all housing units against the 26.3% 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 $15,602 can pay without cost burden (~$390/mo), and 26.1% of renter households are already cost-burdened, 10.7% severely so; workforce housing cost burden warrants attention.

• Low participation: 43.9% labor force participation against a labor force that grew 0.9% between 2019 and 2024, so workforce development programs may unlock additional supply.
• Talent pipeline: no college, university, or technical school is located in Naguabo Municipio per the IPEDS institutional directory, so any training pipeline serving it runs through institutions outside the county.

Naguabo Municipio shows strong potential for animal production and aquaculture attraction, with a 11.40x concentration and 34 jobs in this sub-sector. It ranks in the top decile nationally.

The concentrated base spans animal production and aquaculture, health and personal care retailers, and construction of buildings, and no single source of demand accounts for more than 45.5% of the employment across them, the largest being resident household spending. Supply-chain recruitment has more than one demand base to work from.