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.

 

Get Florida Trend's January magazine – print or digital. Select from these options:

* offer valid for new subscribers only