October 25, 2020

2019 Economic Outlook - The Year Ahead

| 12/27/2018

In this year’s Economic Outlook, you’ll find perspectives from key people in various industries, issues important to Florida’s major metro areas and a roundup of business news from around the state.

A Snapshot of Florida

Florida POPULATION: 21,536,005
Biggest Counties   Smallest Counties
Miami-Dade 2,807,938 Liberty 8,486
Broward 1,994,763 Lafayette 8,838
Palm Beach 1,526,571 Franklin 12,355
Hillsborough 1,447,762 Jefferson 14,359
Orange 1,380,690 Glades 14,426

Florida MEDIAN AGE: 42.37
Oldest Counties   Youngest Counties
Sumter 69.0 Leon 30.4
Charlotte 60.0 Alachua 31.5
Citrus 57.5 Hendry 34.9
St. Johns 56.9 Orange 35.4
Indian River 54.4 Hardee 35.6

AGE in Florida
Age Percent
0-14 16.38%
15-19 5.56
20-39 25.34
40-64 31.72
65+ 21.00

Florida PER CAPITA INCOME: $51,480
Richest Counties   Poorest Counties
Collier $94,101 Union $20,993
Monroe 82,981 Glades 23,399
Martin 81,835 Lafayette 23,426
Palm Beach 80,474 DeSoto 25,406
Indian River 75,957 Calhoun 27,242

Florida UNEMPLOYMENT RATE: 3.4%
Highest Counties   Lowest Counties
Hendry 5.4% Monroe 2.4%
Hardee 4.5 Okaloosa 2.4
Citrus 4.3 St. Johns 2.5
Sumter 4.3 Wakulla 2.5
Highlands 4.2 Walton 2.5

Sources for income, population and age charts on following pages: Woods & Poole Economics Inc., Washington, D.C. Copyright 2019. Woods & Poole does not guarantee the accuracy of this data. The use of this data and the conclusions drawn from it are solely the responsibility of Florida Trend. Population data include military stationed in Florida, college residents and inmates. Jobs data are from the Florida Agency for Workforce Innovation and include total non-agricultural employment. The numbers are preliminary and not seasonally adjusted. Housing numbers are from Florida Realtors. Prices are median..


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Tags: Economic Outlook

Florida Business News

Florida Trend Video Pick

Rare, two-headed snake found in Palm Harbor home
Rare, two-headed snake found in Palm Harbor home

A family in Palm Harbor recently found a rare creature in their home – a two-headed snake. FWC researchers said the phenomenon is named bicephaly – an uncommon occurrence that happens during snake embryo development. When two monozygotic twins fail to separate, it leaves the heads conjoined onto a single body.

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