Median Household Income
$18,917
Median Home Value
$105,100
Median Gross Rent
$505/mo
Poverty Rate
55.4%
Unemployment Rate
13.0%
Homeownership Rate
63.0%
Bachelor's Degree or Higher
21.3%
Median Age
45.5
Population Over Time
Lares Municipio shrank 5.3% from 2014 to 2024.
2014
29,426
2016
28,052
2018
26,451
2020
24,945
2022
27,990
2024
27,855
Business & Industry
Lares Municipio has 225 business establishments employing 2,503 people.
Health care and social assistance
39
Accommodation and food services
28
Professional, scientific, and technical services
16
Construction
14
Other services (except public administration)
10
Administrative and support and waste management and remediation services
6
Finance and insurance
5
Wholesale trade
5
Establishments by industry sector. Source: U.S. Census Bureau, County Business Patterns.
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.