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Mayagüez Insightsas of Oct 2026
Population size
69 K People
Population growth
-1.4%
Age distribution
0-14: 14%
15-24: 16%
25-44: 27%
45-64: 25%
65+: 18% percent
15-24: 16%
25-44: 27%
45-64: 25%
65+: 18% percent
Household size
2.6 People
Household composition
55% families with children
25% couples without children
20% single-person households percent
25% couples without children
20% single-person households percent
Education level
High school or higher: 76%
Bachelor's or higher: 21% percent
Bachelor's or higher: 21% percent
Median household income
18,295 USD/year
Employment rate
46 %
Job growth
0.5 %
Dominant industries
Education, healthcare, retail trade, manufacturing
Cost of living index
85 index (US=100)
Retail sales per capita
15,322 USD
Disposable income
14,431 USD/year
Spending behavior by category - apparel, dining, electronics
Apparel: 4% of disposable income, Dining: 6%, Electronics: 3% percent
Existing retail mix
Grocery anchors, apparel, electronics, dining outlets with department stores
Number of competitors
45 major retailers
Market saturation
Medium
Presence of anchor tenants
Yes, Walmart and former Sears as anchors
Foot traffic from nearby businesses
High
Rent costs
18 USD/sqm/month
Property values
1,200 USD/sqm
Zoning laws
Commercial zones permit retail with height and setback restrictions
Business permits
30 days
Availability of retail space
8,500 sqm
Proximity to major roads
Direct access to PR-2 highway
Public transportation access
Limited bus routes
Parking availability
1,500
Pedestrian traffic
Moderate in urban core
Vehicle traffic
-220,000 vehicles/day
Public transport accessibility
Low, infrequent service
Commute times
21.7 minutes
Work patterns
Standard 9-5 shifts, higher education sector flexibility
Shopping preferences
Convenience and value-driven, mix of in-store and online
Brand affinity
Strong for US chains like Walmart and local brands
Consumer loyalty
High to discount retailers
Entertainment and leisure trends
University events, beaches, local festivals
Crime statistics
Violent crime rate: 250 per 100,000 per 100,000 people
Shoplifting rates
Medium, 5% of retail incidents percent
Public safety measures
Police patrols and mall security
Tourist spending
45,000,000 USD/year
Tourist footfall
150,000 visitors/year
Major local events
Fiestas de Mayo, Saborea Mayagüez food festival
Seasonal attractions
Beaches and cultural sites in summer
E-commerce penetration
35 %
Click-and-collect adoption
25 %
Local preference for in-store shopping
65 %
Total retail space
180,000 sqm
Retail space per capita
2.6 sqm/person
Projected growth in retail space
1.5 %
Retail leakage rate
20 %
Sustainable retail demand
Stable
Major upcoming retail projects
Mayagüez Mall expansion and renovations
Grocery market share distribution - Top 3 retailers & market share
Walmart: 40%, Pueblo: 25%, Econo: 20% percent
Consumer spending patterns
Focus on essentials, occasional discretionary
Grocery expenditure trends
3 percent
Luxury retail performance
Low, under 5% of retail sales percent
Top mall shopping preferences
Mayagüez Mall for comprehensive shopping
Shopping trips to other cities - % of residents
15 percent
Key drivers for mall visits
One-stop shopping, entertainment, dining
Preferred brand categories - Luxury fashion, Value fashion, etc.
Value fashion: 70%, Luxury fashion: 10%, Mid-range: 20% percent
Number of existing malls
1 malls
Total retail footfall - annual visits across malls
900,000 sqm
Retail market gaps
Specialty food, experiential retail
Trade area population
120,000 people
Retail potential in catchment area
High
Projected retail growth rate
2 %
Preferred mall layouts
Enclosed with food courts
Public transport access
Limited, bus stops nearby
Walkability score
45 /100
Road infrastructure & car access
Good, connected to PR-2
Parking capacity in comparable malls
1,800 spaces
Surrounding land use & future developments
Residential and educational, university expansions planned
Retail Destinations in Mayagüez
Browse 1 retail destination in Mayagüez, Puerto Rico. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Mayagüez at a Glance
- Total Properties1
- CountryPuerto Rico
