Puerto Rico Information Technology Industry Overview
Puerto Rico, or officially the Commonwealth of Puerto Rico, is an unincorporated territory of the United States. It is located 1000 miles northeast of the Caribbean Sea. It is the most competitive archipelago in the US. The economy is mainly driven by the manufacturing and service industries. IT has its major influence in most of the industry, though you may not find major software companies and pure tech-related jobs on the island. The state ranks 56th in terms of per capita income when compared to other states in the US. The median household income comes around $20000 and per capita income is $19,000. Puerto Rico offers 13.8 tech jobs per 1000 people in the state. Puerto Rico ranks 60th in the US for the percentage of the workforce in tech jobs. Apply for
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IT Job Trends In Puerto Rico
Puerto Rico is an archipelago of one big island and several small islands like Mona, Culebra, and Vieques, belong to the Greater Antilles. Puerto Rico is located between the Dominican Republic and the US Virgin Islands. As per the census, the population has decreased by 14.24% since 2010. The Department of Labor has been constantly working to maintain a relatively low inflation rate even when the country has been under tremendous fiscal deficit and recession.
Trending IT Jobs In Puerto Rico
Most of it jobs in Puerto Rico are in the service sector. The leading tech occupation jobs in Puerto Rico are Technology Consultant, Information Technology Specialist, Information Security, and Compliance. Hardware, systems, and networking specialists are also in demand. Overall, on average, the tech industry employs 22 out of 1000 private-sector employees. The technology sector ranks 16th in export which is 28% of overall exports in Puerto Rico. It stands 37th in employment in tech jobs. Telecommunications has been the leading tech industry in Puerto Rico. Medical equipment manufacturing, communications equipment manufacturing, and electronics component and accessories manufacturing have found a niche place in the technology sector.
IT Job Payscale In Puerto Rico
A tech job in Puerto Rico will fetch you an average salary of around $48k. A majority of salary in the tech job category range between $26k to $61K. There are almost 25% working in the salary bracket of $23K to $32K, which is the highest in the tech job category. For tech job salaries, the state ranks 50th in the United States. The tech industry ranks 42nd in tech employment. If we take the tech jobs in the state as a whole, we can clearly observe that the state offers promising prospects in the IT job sector.
Best places for IT jobs in Puerto Rico
The city of Chadds Ford is the best place to get an IT job in San Juan. It has total IT job postings of around 500. Close behind is Toa Baja Municipio ranks 2nd with around 400 job opening. Guaynabo, Aguadilla, Carolina comes close with around 100 job postings. Places with the least number of job postings are Juncos, Arecibo, Hatillo, Rio Piedras.
IT Employment Rates in Puerto Rico
There is certainly job growth in Puerto Rico. If you take a look at the annual job postings, the number is steadily on the rise YoY. There are about 400 tech establishments with a payroll of around $514 million. Startups are sprouting and the best of the lot are Burea, Abartys Health, Spotery. Entry-level, full-time jobs are more in demand followed by mid-level and senior level. Some of the IT companies with good job postings include Metro IT Resources, Honewell, Phase 2 Consulting Services, ABARCA, Banco Popular and more. Search latest
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