NAVIGATION

May 29, 2016

Economic yearbook 2011

Southwest - Yearbook

Amy Keller | 4/1/2011

Throughout the region, economic developers are looking to broaden their employment bases. Sarasota County is diversifying as well but also is trying to capitalize on a demographic base heavy with affluent retirees.

Southwest Florida

SARASOTA COUNTY GOALS

> Promote and grow the region's nascent film and entertainment industry.

> Expand export opportunities for local companies and attract investment for foreign companies seeking markets in the U.S.

> Promote initiatives that complement the region (including its older population base), such as its Institute for the Ages, medical tourism and a creativity institute.

> Grow businesses and create jobs.

Jobs
MSA DEC. 2010 DEC 2009 % Change Jobless Rate
Bradenton/ Sarasota/ North Port 274,768 272,225 +0.9% 11.6%
Cape Coral/ Fort Myers 240,286 240,076 NC 12.5%
Naples/ Marco Island 128,248 127,048 +0.9% 11.5%
Punta Gorda 60,389 59,809 +1.0% 12.0%
Source: Agency for Workforce Innovation

Homes Single-family, existing-home sales by Realtors
MSA Jan. 2011 Sales 1-Year Change Jan. 2011 Price 1-Year Change
Fort Myers/ Cape Coral
1,072 -4% $88,500 -3%
Punta Gorda
260 +33% $86,300 -15%
Sarasota/ Bradenton 742 +12% $136,300 -13%
Source: Florida Realtors

Sarasota Population: 374,809
Population Growth Rate (2007-11): 0.40%
Population by Age:
0-14
15-19 20-39 40-64 65+
13.2% 4.6%
17.9% 33.5% 30.8%
Per Capita Income: $53,723

Sarasota Retirees
Sean Snaith, director of the Institute for Economic Competitiveness at the University of Central Florida, told Sarasota business leaders at the 2011 Economic Outlook luncheon that because Sarasota tends to attract a "more affluent retiree who's not as dependent on the value of their home up in Jersey" that Sarasota tends to stay "out ahead" of a lot of other regions as the economy slowly recovers. [Photo: Bill Speer]

Tags: Southwest

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single digital 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

Superbug that doctors have been dreading just reached the U.S.
Superbug that doctors have been dreading just reached the U.S.

For the first time, researchers have found a person in the United States carrying bacteria resistant to antibiotics of last resort, an alarming development that the top U.S. public health official says could mean "the end of the road" for antibiotics.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Pending home sales have climbed to the highest level in a decade. Are you in the market to sell or buy a home?

  • Yes, will be selling a house/condo soon
  • Yes, am in the market to buy
  • No, not looking to sell or buy

See Results

Ballot Box
Subscribe