October 3, 2023
| 1/16/2023

Experts say Florida is well-positioned to weather rising interest rates, inflation and falling home prices — still, potential headwinds remain. Executives and economic development officials weigh in on the year ahead. Also, major downtown projects in each region.

Read the full regional reports -

Statewide OutlookNorthwestNortheastCentralSoutheastSouthwestMiami-Dade


Florida POPULATION: 22,298,499
Biggest Counties   Smallest Counties
Miami-Dade 2,708,041 Liberty 7,996
Broward 1,966,968 Lafayette 8,470
Palm Beach 1,536,345 Glades 12,495
Hillsborough 1,512,892 Franklin 12,716
Orange 1,468,646 Calhoun 13,731

Florida MEDIAN AGE: 42.66
Oldest Counties   Youngest Counties
Sumter 69.43 Leon 31.19
Charlotte 61.03 Alachua 32.38
Sarasota 57.95 Hendry 35.51
Citrus 57.67 Hardee 36.23
Indian River 55.45 Orange 36.27

AGE in Florida
Age Percent
0-14 15.69%
15-19 5.61
20-39 24.83
40-64 31.32
65+ 22.55

Florida PER CAPITA INCOME: $66,804
Richest Counties   Poorest Counties
Collier $133,775 Union $26170
Monroe 119,867 Liberty 33,377
Martin 113,475 Lafayette 34,295
Palm Beach 109,988 Hamilton 34,764
Indian River 104,841 Dixie 35,501

Highest Counties   Lowest Counties
Hendry 4.5% Miami 1.7%
Highlands 4.3 Monroe 1.7
Charlotte 4.0 St. Johns 2.1
Citrus 4.0 Okaloosa 2.2
Hamilton/Lee 3.9 Bay/Nassau/Wakulla 2.3

Sources for income, population and age charts on following pages: Woods & Poole Economics Inc., Washington, D.C. Copyright 2023. 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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