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Population
20.3M
1.9% growth
Median Age
41.8
Median Household Income
$49,426
4.14% growth
Poverty Rate
15.7%
Number of Employees
8.53M
2.89% growth
Median Property Value
$179,800
10.5% growth

Economy

The economy of Florida employs 8.53M people. The economy of Florida is specialized in Water transportation; Travel arrangements & reservation services; and Scenic & sightseeing transportation, which employ respectively 3.6; 2.65; and 2.17 times more people than what would be expected in a location of this size. The largest industries in Florida are Restaurants & Food Services (597,578), Construction (500,357), and Elementary & secondary schools (451,502), and the highest paying industries are Oil & gas extraction ($112,326), Coal mining ($98,509), and Securities, commodities, funds, trusts & other financial investments ($94,891).

Median household income in Florida is $49,426. Males in Florida have an average income that is 1.32 times higher than the average income of females, which is $42,711. The income inequality of Florida (measured using the Gini index) is 0.478 which is lower than the national average.

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Median Household Income

Wage by Gender in Common Jobs

Wage by Race & Ethnicity in Common Jobs

Wage Distribution

Income by Location

Poverty by Age and Gender

Poverty by Race & Ethnicity

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Industries

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Florida. In Florida the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 73 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $10,943. Duval County, FL has the highest prevalence of homicides of any county in Florida.

Coverage

Clinician to Patient Ratios

Insurance Coverage by Age and Gender

Medicare Enrollment and Reimbursements by Location

Trends in Medicare Enrollment and Reimbursements

Hospital Care for Medicare Patients

Heart Disease and Pneumonia

Diabetes Care

Preventative Women’s Health Services

Health Risks

Conditions and Diseases

Risky/Harmful Behaviors

Homicide & Crime

Diversity

Florida is home to a population of 20.3M people, from which 90.7% are citizens. The ethnic composition of the population of Florida is composed of 11.2M White residents (55.1%), 4.96M Hispanic residents (24.5%), 3.15M Black residents (15.5%), 534,389 Asian residents (2.64%), and 357,188 Two+ residents (1.76%). The most common foreign languages in Florida are Spanish (3.85M speakers), French Creole (386,481 speakers), and French (116,651 speakers), but compared to other places, Florida has a relative high number of French Creole (386,481 speakers), Portuguese (86,583 speakers), and Hungarian (10,249 speakers).

Age

Age by Nativity

Heritage

Global Diversity

Citizenship

Race & Ethnicity

Non-English Speakers

Military

Veterans

Education

In 2015 universities in Florida awarded 323,887 degrees. The student population of Florida is skewed towards females, with 131,302 male students and 192,585 female students. Most students in Florida are White (145,099 and 44.8%), followed by Hispanic or Latino (73,324 and 22.6%), Black or African American (53,051 and 16.4%), and Unknown (23,574 and 7.28%). The largest universities in Florida by number of graduates are University of Central Florida (15,953 and 4.93%), University of Florida (14,701 and 4.54%), and Miami Dade College (13,052 and 4.03%). The most popular majors in Florida are General Psychology (6,660 and 2.06%), Registered Nursing (6,423 and 1.98%), and General Business Administration & Management (6,068 and 1.87%). The median tuition costs in Florida are $26,910 for private four year colleges, and $3,135 and $14,374 respectively, for public four year colleges for in-state students and out-of-state students.

Concentrations

Universities

Student Gender for Common Institutions

Student Race & Ethnicity

Housing & Living

The median property value in Florida is $179,800, which is 0.92 times smaller than the national average of $194,500. Between 2014 and 2015 the median property value increased from $162,700 to $179,800, a 10.5% increase. The homeownership rate of Florida is 63.8%, which is higher than the national average of 63%. People in Florida have an average commute time of 25.5 minutes, and they commute by Drove Alone. Car ownership in Florida is approximately the same as the national average, with an average of 2 cars per household.

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Commute Time

Commuter Transportation

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