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6 REASONS TO CHOOSE FLORIDA

Why is Florida the right choice for business?

The answer is simple, really.

Few states can match Florida's unique combination of advantages: a business climate that encourages innovation, unequaled market opportunities, a top-flight workforce, easy access to domestic and international markets and a quality of life that is second to none.

Cancer Treatment Centers of America, Amazon, Northrop Grumman, Air Products and The Brinks Company and just five of the countless companies that have found success in the Sunshine State. While they ultimately chose Florida for reasons specific to their company cultures and to marketplace demands, read on to learn the reasons why Florida was their right choice and why it could be yours too.

TARGETED INDUSTRY SECTORS

Why is Florida the right choice for business?

Florida's economy is both highly diversified and increasingly attractive to innovative companies in nine high-impact industry sectors.

Not only are forward-thinking companies zeroing in on Florida and succeeding here, they’re attracting other like-minded industry players to join them in clusters of innovation built on Florida’s unique strengths.

Read on to learn more about nine companies that have scored a bullseye in each of Florida’s targeted industry sectors. Then take aim for your own company’s success here too.

FLORIDA'S REGIONS

Envisioning your own company in Florida? Which region is right for you?

From Miami up to Jacksonville and from Pensacola down to Naples, Florida  offers a unique blend of cutting-edge innovation and kickback style. No matter where you choose to settle, rest assured that you will be no more than 50 miles from an institution of post-secondary learning or 90 miles from a deep water port. And, oh by the way, there’s a golf course, theme park or sandy beach just an easy drive away too.

Interactive map: Click a region for demographics and to link to a special report.
Click the red button () to close the window and return to the main map.

The Regions

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FLORIDA AT A GLANCE

Population 19.55 million
4th largest in the U.S.

Civilian Labor Force 9.4 million
4th largest in the U.S.

Gross Domestic Product $800.5 billion
4th largest in the U.S.

Total Personal Income $835.4 billion
4th highest in the U.S. • 1st in the Southeast

Per Capita Personal Income $41,692
1st in the Southeast

Households 7,745,850

Household EBI $37,583

Total Retail Sales $271 billion

Northwest
North Central
Northeast
Tampa Bay
East Central
Southwest
South Central
Southeast
Northwest

Airports
• Bob Sikes
• Northwest Florida Beaches International
• Northwest Florida Regional
• Pensacola International
• Tallahassee Regional

Seaports
• Port of Panama City
• Port of Pensacola
• Port of Port St. Joe

Northwest
click for full report

Key Demographics

Population 1,412,494
Labor Force 685,803
Households 555,347
Household EBI $39,641
Total Retail Sales $20.25 bil.

Sources: US Census Bureau; Labor Market Statistics Center, Florida Department of Economic Opportunity; Nielsen, 2014.
Household EBI = median effective buying/disposable income

Northwest

North Central
click for full report

Key Demographics

Population 881,378
Labor Force 385,324
Households 350,854
Household EBI $32,756
Total Retail Sales $11.69 bil.

Airports
• Gainesville Regional
• Ocala International

Sources: US Census Bureau; Labor Market Statistics Center, Florida Department of Economic Opportunity; Nielsen, 2014.
Household EBI = median effective buying/disposable income

Northwest

Northeast
click for full report

Key Demographics

Population 1,567,157
Labor Force 767,628
Households 615,654
Household EBI $40,842
Total Retail Sales $22.58 bil.

Airports
• Flagler County
• Jacksonville International
• Northeast Florida Regional at St. Augustine

Seaports
• Port of Fernandina
• Port of Jacksonville

Spaceports
• Cecil Spaceport

Sources: US Census Bureau; Labor Market Statistics Center, Florida Department of Economic Opportunity; Nielsen, 2014.
Household EBI = median effective buying/disposable income

Tampa Bay
Tampa Bay

Tampa Bay
click for full report

Key Demographics

Population 4,365,384
Labor Force 1,974,066
Households 1,811,198
Household EBI $36,779
Total Retail Sales $61.53 bil.

Airports
• Lakeland Linder Regional
• St. Petersburg-Clearwater International
• Sarasota Bradenton International
• Tampa International

Seaports
• Port Citrus
• Port Manatee
• Port of St. Petersburg
• Port Tampa Bay

Sources: US Census Bureau; Labor Market Statistics Center, Florida Department of Economic Opportunity; Nielsen, 2014.
Household EBI = median effective buying/disposable income

Northwest

East Central
click for full report

Key Demographics

Population 3,426,525
Labor Force 1,715,619
Households 1,346,887
Household EBI $37,533
Total Retail Sales $47.59 bil.

Airports
• Daytona Beach International
• Kissimmee Gateway
• Melbourne International
• Orlando International
• Orlando Sanford International

Seaports
• Port Canaveral

Spaceports
• Cape Canaveral Spaceport

Sources: US Census Bureau; Labor Market Statistics Center, Florida Department of Economic Opportunity; Nielsen, 2014.
Household EBI = median effective buying/disposable income

Southwest
Southwest

Southwest
click for full report

Key Demographics

Population 1,165,493
Labor Force 522,786
Households 496,739
Household EBI $38,550
Total Retail Sales $17.36 bil.

Airports
• Punta Gorda
• Naples Municipal
• Southwest Florida International

Sources: US Census Bureau; Labor Market Statistics Center, Florida Department of Economic Opportunity; Nielsen, 2014.
Household EBI = median effective buying/disposable income

Southwest
South Central

South Central
click for full report

Key Demographics

Population 249,798
Labor Force 106,339
Households 92,787
Household EBI $31,281
Total Retail Sales $2.93 bil.

Airports
• Airglades
• Sebring Regional

Sources: US Census Bureau; Labor Market Statistics Center, Florida Department of Economic Opportunity; Nielsen, 2014.
Household EBI = median effective buying/disposable income

Northwest

Southeast
click for full report

Key Demographics

Population 6,484,631
Labor Force 3,274,730
Households 2,476,384
Household EBI $37,905
Total Retail Sales $86.90 bil.

Airports
• Florida Keys Marathon
• Fort Lauderdale-Hollywood International
• Key West International
• Miami International
• Palm Beach International

Seaports
• Port Everglades
• Port of Fort Pierce
• Port of Key West
• PortMiami
• Port of Palm Beach

Sources: US Census Bureau; Labor Market Statistics Center, Florida Department of Economic Opportunity; Nielsen, 2014.
Household EBI = median effective buying/disposable income

Working for Your Success

Governor Rick Scott

FDEO

Florida Department of Economic Opportunity
Jesse Panuccio, Executive Director

Enterprise Florida

Enterprise Florida Inc.
Gray Swoope, Secretary of Commerce

CareerSource Florida

CareerSource Florida
Chris Hart IV, President and CEO

Researchers throughout Florida are on the cutting-edge of discoveries in medicine, technology, agriculture, energy, engineering and more that will impact people worldwide.

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Florida never ceases to amaze me. In the 19 years since we began publishing Business Florida, this state has undergone a virtual metamorphosis. Where once we were known primarily as the place CEOs went to vacation, today, we’re the state they bring their companies to.  Read More »

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Publisher, Business Florida

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