December 19, 2014

« RETURN TO THE 2013 ECONOMIC YEARBOOK

North Central Florida

Lilly Rockwell | 4/9/2013

Sumter County

» The Villages, the top-selling master planned community in the country, continues to dominate Sumter's economy. Construction in The Villages has increased 21%, with over 3,000 building permits issued last year.

» The new western-themed Brownwood Downtown Center in Wildwood broke ground last year and will be the third downtown district for The Villages.

» This year, at least two new assisted living facilities are slated for development, which will bring more than 300 beds and nearly 100 independent living units. The county is also working to develop a 2,000-acre site for industrial use.

Sumter Population: 106,089
Population Growth Rate (2009-13): 4.01%
Population by Age:
0-14 15-19 20-39 40-64 65+
6.89% 2.36% 12.79% 27.67% 50.29%
Per Capita Income: $26,237

 

Bradford/Union Counties

» The rural counties between Gainesville and Jacksonville lost more than 280 jobs last year when the state Department of Corrections closed the New River Correctional Institute. They have tried to recover by adding jobs in the service industry and emphasizing entrepreneurship. In the last year, Beall's Outlet has expanded, and Goody's department store and Dickey's Barbecue Pit opened new locations, adding nearly 50 jobs, says Pam Whittle, president and CEO of the North Florida Regional Chamber of Commerce.

»  The counties also started a business incubation program that gives advice to those interested in starting their own businesses. “If you can't find a job, create a job — that's our motto,” Whittle says.

Bradford Population: 29,134
Population Growth Rate (2009-13): 0.13%
Population by Age:
0-14 15-19 20-39 40-64 65+
17.03% 4362% 28.27% 34.69% 15.39%
Per Capita Income: $31,541

Union Population: 15,608
Population Growth Rate (2009-13): 0.43%
Population by Age:
0-14 15-19 20-39 40-64 65+
15.74% 5.45% 30.00% 37.15% 11.94%
Per Capita Income: $20,365

Tags: North Central, Economic Yearbook

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

Benefits management trends in Florida
Benefits management trends in Florida

David Faulkenberry, president, FBMC Benefits Management, explains what benefits most employers want to offer staff and what impact the ACA has had on public sector clients so far.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

How do you feel about the historic decision to remodel US-Cuba relations?

  • Well, it's about time!
  • I'm cautiously optimistic...
  • I'm skeptical about this at best...
  • Not in favor at all: Keep the embargo strong!

See Results

Ballot Box
Subscribe