For special rates and notes, including franchise taxes, Click here
General Property Tax Rate
Real and tangible personal property is taxed at a rate equal to the aggregate of all lawful levies. There is no state levy on real estate or tangible personal property.
Unemployment Insurance Tax
New Employers' Rate
2.70%
Maximum Rate For Negative Balance Employer
5.40%
Sales Tax Rate
6.0%
Intangible Taxes
Taxes on leases of government-owned real property & non-recurring tax on notes secured by a mortgage on real FL property.
Workers' Compensation
Average Worker's Comp. Rate
$3.89
Mock 100 Employee Avg. Premium
$141,677.99
Commercial Electric Power Rates, 2008 ($/1,000 kWh)
$102.00
Industrial Electric Power Rates, 2008 ($/1,000 kwh)
$83.60
Adjusted Unemployment Tax Rate, Small Business Survival Index, 2009
0.88
Electric Utilities Cost, Small Business Survival Index, 2009
1.16
Industrial and Office Real Estate - Florida
Average Priced of Industrial Space, Q1 2009 ($/sf) - Florida - Florida
Leasing Rates
Urban Area
Warehouse-Distribution ($/sq.ft)
R&D-Flex($/sq.ft)
Industrial Space
Broward County
$7.89
$10.13
Jacksonville
$4.36
$10.21
Miami
$6.78
$11.32
Orlando
$6.18
$9.41
Palm Beach County
$7.42
$10.74
Tampa Bay
$5.72
$9.14
Average Price of Office Space, Q1 2009 ($/sf) - Florida - Florida
Leasing Rates
Urban Area
Class A ($/sq.ft)
Class B ($/sq.ft)
Office Space
Broward County
31.79
24.46
Jacksonville
20.96
18.49
Miami
37.11
28.5
Orlando
26.16
22.08
Palm Beach County
36.92
27.87
Tampa Bay
23.1
19.28
Cost Of Living - Florida
State Personal Income Tax Rate
No State Income Tax
Urban Area Cost of Living Index (Q1 2009; US Average = 100)
Urban Area
Index
Bradenton
97.7
Cape Coral-Fort Myers
98.4
Fort Lauderdale
120.9
Gainesville
99.9
Jacksonville
94.8
Miami-Dade County
111.0
Orlando
98.2
Panama City
105.9
Sarasota
101.6
St. Petersburg-Clearwater
99.3
Tampa
95.2
Vero Beach-Indian River
101.4
West Palm Beach
107.6
Median Home Price, Q1 2009
Urban Area
Price
Cape Coral-Fort Myers
$87,300
Deltona-Daytona Beach-Ormond Beach
$128,700
Gainesville
$160,300
Jacksonville
$154,100
Miami-Fort Lauderdale-Miami Beach
$206,000
Ocala
$108,600
Orlando
$154,800
Palm Bay-Melbourne-Titusville
$114,300
Pensacola-Ferry Pass-Brent
$137,200
Sarasota-Bradenton-Venice
$155,200
Tallahassee
$156,000
Tampa-St.Petersburg-Clearwater
$135,300
Population
Total Population
2009 Estimate
18,537,969
2000 Census
15,982,378
Growth Rate, 2000-2009
16.00%
Projected 2030
28,685,769
Metro and Non-Metro Population, 2008
Metro
17,155,919
Non-Metro
1,172,421
Migration, 2008
Domestic Migration
-9,286
International Migration
77,427
Net Migration
68,141
Median Age
2008
40.3
Population, Ages 18-64
2008
11,142,091
Labor Force
Civilian Labor Force
2008
9,231,462
2007
9,088,439
Percent Change, 2007-2008
1.60%
Number Unemployed
2008
571,606
2007
371,641
Percent Change, 2007-2008
53.80%
Education
Educational Attainment of Persons 25 Years Old and Over, 2008
High School Graduate or More
85.20%
Completed Bachelor's Degree or More
25.80%
Doctoral Scientists and Engineers, 2006
Employed S&E Doctorate Holders
17,630
S&E Doctorate Holders as a Share of Total Employment
0.20%
Unionization
Union Membership
Union Members as a Percent of Total Employment
6.40%
Percent of Private Sector Union Members
2.30%
Right to Work Law
Yes
Legislation Type
Constitutional
Employment And Wages
Employment
Non-Farm Employment
2008
7,761,092
2007
8,018,533
Percent Change, 2007-2008
-3.20%
Establishments, Employment, and Wages by Major Industry, 2008
Number of Establishments
Natural Resources & Mining
5,408
Construction
79,187
Manufacturing
17,928
Trade, Transportation & Utilities
137,183
Information
9991
Financial Activities
72,446
Professional & Business Services
132,153
Education & Health Services
58,009
Leisure & Hospitality
48,251
Other Services
50,088
Public Administration
4,744
Unclassified
3,843
Total
619,225
Average Annual Wage
Natural Resources & Mining
23885
Construction
42041
Manufacturing
48631
Trade, Transportation & Utilities
36840
Information
58027
Financial Activities
55739
Professional & Business Services
47062
Education & Health Services
42499
Leisure & Hospitality
21221
Other Services
28591
Public Administration
49613
Unclassified
36279
Total
40568
Total Employment
Natural Resources & Mining
94,666
Construction
517,095
Manufacturing
370,780
Trade, Transportation & Utilities
1,632,016
Information
157,506
Financial Activities
521,126
Professional & Business Services
1,146,997
Education & Health Services
1,543,676
Leisure & Hospitality
947,885
Other Services
252,150
Public Administration
466,417
Unclassified
4,369
Total
7,666,374
Gross Domestic Product and Personal Income
Gross Domestic Product ($ Millions)
2008
744,120
2003
559,021
Real GDP Growth, 2003-2008
16.00%
Total Personal Income ($ Thousands)
2008
719,707,709
2003
531,215,779
Percent Change, 2003-2008
35.50%
Per Capita Personal Income
2008
39,267
2003
31,364
Percent Change, 2003-2008
25.20%
Knowledge Economy and Business Vitality
Innovation
R&D, Patents & Venture Capital
Total R&D Expenditure, 2006 ($ Millions)
$6,339
Utility Patents Issued to State Residents, 2008
2,046
Venture Capital Investment, 2008
$239,484,500
*Venture Capital data extracted 2/09
Degrees Awarded by Institutions of Higher Education, 2006-07
Associate Degrees
63,080
Bachelor Degrees
73874
Master's Degrees
25573
Doctoral Degrees
3338
Business Vitality
Number of Private Business Establishments, 2008
612,691
Business Churning, (Startups and Failures, as a Percent of Total Number of Companies), 2008
54.30%
Jobs in Gazelle Companies as a Percentage of Total Employment, 2001
