April 24, 2014

Economic yearbook 2011

Northwest - Yearbook

| 4/1/2011

Escambia County entered 2011 in recovery mode from the Deepwater Horizon oil spill and the recession. There are promising signs: A new, $316-million wastewater treatment plant now operates far from the waterfront, and new leaders are in place for the city, county and chamber of commerce.

Florida's Nortwest Region

NORTHWEST FLORIDA GOALS

> Work together to bring more businesses to Santa Rosa and Escambia counties.

> Increase energy efficiency in the county's buildings and vehicle fleet.

> Settle with BP and make sure the region's beaches are clean.

Jobs
MSA DEC. 2010 DEC 2009 % Change Jobless Rate
Fort Walton/ Crestview/ Destin 88,935 88,382 +0.6% 8.3%
Panama City/ Lynn Haven/ Panama City Beach 79,877 78,739 +1.4% 11.6%
Pensacola/ Ferry Pass/ Brent 189,667 188,066 +0.9% 10.7%
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 Walton Beach 194 +36% $173,300 -14%
Panama City 86 +21% $150,000 -6%
Pensacola 215 +37% $146,100 +2%
Source: Florida Realtors

Escambia Population: 308,486
Population Growth Rate (2007-11): 0.48%
Population by Age:
0-14
15-19 20-39 40-64 65+
18.5% 6.9% 28.3% 31.0% 15.3%
Per Capita Income: $35,008

Cascade Park
Pensacola: County, city and civilian leaders made two giant steps to take back their downtown waterfront. The removal of the 73-year-old county sewage treatment plant from its downtown site cleared the way for business and community development, led by the start of construction on the long-delayed $52-million Community Maritime Park (which Mayor Ashton Hayward overlooks, above). The 30-acre park will provide a stadium for a Double-A baseball team, an affiliate of the Cincinnati Reds, starting in April 2012, and will also contain an amphitheater, public marina, waterfront park, plus space for on-site commercial development. [Photo: BPM]

Tags: Northwest

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