July 1, 2022

2021 Economic Outlook

A snapshot of Florida

| 12/30/2020

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: 22,059,379
Biggest Counties   Smallest Counties
Miami-Dade 2,841,237 Liberty 8,610
Broward 2,007,723 Lafayette 8,928
Palm Beach 1,545,294 Franklin 11,927
Hillsborough 1,489,930 Glades 14,157
Orange 1,443,286 Jefferson 14,419

Florida MEDIAN AGE: 42.76
Oldest Counties   Youngest Counties
Sumter 69.36 Leon 31.06
Charlotte 60.92 Alachua 31.93
Sarasota 57.88 Hendry 35.49
Citrus 57.77 Orange 36.15
Indian River 55.31 Hardee 36.24

AGE in Florida
Age Percent
0-14 15.97%
15-19 5.56
20-39 25.09
40-64 31.60
65+ 21.78

Florida PER CAPITA INCOME: $55,679
Richest Counties   Poorest Counties
Monroe $103,218 Union $24,290
Collier 103,192 Lafayette 26,010
Martin 95,418 Liberty 26,090
Palm Beach 90,086 DeSoto 27,083
Indian River 85,021 Glades 27,705

Highest Counties   Lowest Counties
Osceola 10.4% Wakulla 3.5%
Miami-Dade 8.8 St. Johns 3.7
Orange 8.5 Santa Rosa 3.8
Polk 7.3 Okaloosa 3.8
Broward 7.3 DeSoto/

Sources for income, population and age charts on following pages: Woods & Poole Economics Inc., Washington, D.C. Copyright 2021. 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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Florida Business News

Florida Trend Video Pick

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Pop Goes the Waffle food truck opens Gulfport café

Since first launching her company in 2017, the CEO and founder of Pop Goes the Waffle, Sara Fludd, has become one of the most recognized local food entrepreneurs in the Tampa Bay area.

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Have your summer travel plans changed as a result of inflation?

  • No, the vacation is still on!
  • Yes, it got too expensive to plan!
  • Yes, I'm now doing a staycation
  • Saving up for next year
  • I don't have any summer travel plans
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