CHARLOTTE COUNTY Demographic Profile 2010 Edition Within a 60 mile radius of Charlotte County... MURDOCK • There is an estimated Tallahassee Jacksonville population of 1.18 million. • There is a civilian workforce of roughly 540,413 or 45.7% of the population. Orlando • Approximately 20.8% of the Tampa population, age 25 and over, has attained a Bachelor’s Sarasota Degree or higher. Sources: 1) Woods & Poole Economics, Inc. Ft. Myers 2008 in cooperation with FGCU’s Economic Re- search Insitute. Naples 2) US Census Bureau, ACS 2006-2008. Miami 3) Map courtesy of Charlotte Sun News- papers. Key West Demographic Profile 2010 1 Welcome to Charlotte Harbor & The Gulf Islands Established in 1921, Charlotte County is ideally situated Table of Contents on southwest Florida’s Gulf Coast. At an altitude ranging up to 25 feet above sea level, Charlotte County’s 694 square miles also includes 165 miles of canals, 219 miles of shoreline, 70 parks Population 3 and recreation areas and 12.5 miles of Gulf Coast beaches. Employment 5 Possibly the best-kept secret in America, in terms of a potential corporate base, Charlotte County offers a setting that Industry 8 is both business-hospitable and family-friendly. While Charlotte County boasts an unhurried, unspoiled, and undeniably beautiful Wages /Income 9 environment, its greatest assets are unparalleled quality of life and unequaled business opportunities. Banking / • Trip Advisor ranked Englewood #2 of the Top Ten U.S. Cost of Living 10 Destinations in 2009. Education 11 • Inc.com Magazine ranked Punta Gorda MSA as #43 best overall city and #27 best small city in April 2007. Housing/Real Estate 13 • Inc.com Magazine ranked Punta Gorda MSA #17 “Hottest Government/Taxation 14 Small City” in May 2006. Transportation 15 • Forbes Magazine’s Milken Institute ranked Punta Gorda MSA the 22nd “Best Performing Small City” in the United States in Utilities 16 2005. Medical 17 • Kiplinger’s Letter in December 2004, cited that Punta Gorda MSA is among the fastest job growth areas in Florida, now to Quality of Life 18 2030. • Kiplinger’s Letter in July 2004, reported that new college grads are abandoning the big cities for small cities and towns, and Port Charlotte is specifically mentioned as one of the premier areas for relocation. • Men’s Journal “50 Best Places To Live” feature described Punta Gorda’s climate as “Utterly, tropically perfect. Always.” About the local scene, the magazine stated, “No crime, clean air and lots of free time” in 2002. • American Demographics Magazine projects a 55% increase in manufacturing jobs in Charlotte County through 2007. Charlotte County provides the perfect combination of a skilled labor force, easy access to anywhere in the world, and educational opportunities from pre-kindergarten through doctoral programs. Relocating and expanding companies recognize Charlotte County for its quality of life, managed growth, economic health, and environment. These amenities make Charlotte Harbor & The Gulf Islands the perfect place to live, work, and play! Demographic Profile 2010 Population Characteristics Median Age Population per Square Mile 54.7 216 Source: Charlotte County Department of Source: Bureau of Economic and Business Source: Charlotte County Department of GrowthGrowth Managment,Managment, 20092009 Research 2009 Charlotte County Projected Population by Age Age 2010 2015 Numeric Percent Range Projection Projection Change Change 0 - 19 25,715 26,119 404 1.6% 20 - 34 15,466 16,627 1,161 7.5% 35 - 54 37,438 38,333 895 2.4% 55 - 64 26,402 34,278 7,876 30.0% 65+ 54,467 58,237 3,770 6.9% Source: Charlotte County Department of Growth Management, 2009 Charlotte County Charlotte County Population Population Trends (July 2008 Estimate) 2015 projected 173,595 Unincorporated 133,717 2010 projected 159,488 City of Punta Gorda 16,343 2005 estimate 154,154 County Total 150,060 2000 census 141,627 1990 census 110,975 Source: US Census Bureau latest availale data Source: Charlotte County Department of Growth Management, 2009 Charlotte County Long-term Population Projection Age Range 2010 Projection 2015 Projection 2020 Projection 2025 Projection 2030 Projection 0 - 9 11,547 11,596 12,066 12,977 13,825 10 -14 7,268 7,084 7,067 7,110 7,547 15 - 19 6,901 7,440 7,271 7,250 7,292 20 - 24 5,193 5,618 6,049 5,774 5,819 25 - 29 4,684 5,695 6,231 6,726 6,516 30 - 34 5,589 5,314 6,285 6,931 7,502 35 - 39 6,955 6,319 5,979 6,959 7,646 40 - 44 8,966 8,143 7,399 6,903 7,809 45 - 49 10,198 10,684 9,965 9,112 8,530 50 - 54 11,319 13,187 14,198 13,787 12,843 55 - 59 13,059 16,617 19,970 22,403 23,063 60 - 64 13,342 17,660 22,744 27,939 32,302 65 - 69 13,968 16,251 20,871 26,848 33,315 70 - 74 13,229 13,833 15,901 20,195 25,949 75 + 27,270 28,153 29,092 31,360 36,464 Total 159,488 173,594 191,088 212,274 236,422 Source: Charlotte County Department of Growth Management, 2009 Demographic Profile 2010 3 Exchanged Migration by Area to Charlotte County Number of Number of Net Area In-Migrants Out-Migrants Migration Other FL Counties 4,899 4,378 +521 Other States 4,875 4,397 +478 Foreign 75 31 +44 Total 9,849 8,806 +1,043 Source: IRS County Migration Report, 2007-2008, most recent available released November 2009 Florida Counties Florida Counties Total Residential Population Total Residential Population Average Annual Rate of Growth Average Annual Rate of Growth 1970 - 2005 2005 - 2040 Annual Annual Ranking MSA Growth Rate Ranking MSA Growth Rate 1 Flagler 8.41% 1 Flagler 2.55% 2 Osceola 6.44% 2 Walton 2.54% 3 Hernando 6.44% 3 Osceola 2.49% 4 Collier 6.06% 4 Santa Rosa 2.44% 5 Citrus 5.58% 5 Sumter 2.26% 6 Charlotte 4.97% 6 St. Johns 2.25% 7 Pasco 4.95% 7 Pasco 2.17% 8 Clay 4.80% 8 Clay 2.14% 9 St. Johns 4.77% 9 St. Lucie 2.11% 10 Lee 4.72% 10 Hernando 2.08% 32 Charlotte 1.41% Source: Woods & Poole Economics, Inc. 2009 in cooperation with the Regional Source: Woods & Poole Economics, Inc. 2009 in cooperation with the Regional Economic Research Institute, Florida Gulf Coast University (FGCU) Economic Research Institute, Florida Gulf Coast University (FGCU) Southwest Florida Population Growth Trends 2010 2013 2016 Estimate Projection Projection Charlotte County 167,598 173,135 181,855 Collier County 331,811 346,065 371,096 Glades County 11,633 11,859 12,152 Hendry County 42,666 44,204 46,429 Lee County 622,940 658,211 720,258 Sarasota County 396,035 408,830 432,748 Southwest Florida 1,572,683 1,642,304 1,764,538 Florida 18,881,443 19,393,555 20,342,664 Source: Florida State Demographic Estimating Conference December 2009 Demographic Profile 2010 4 Employment Education and Health Services - 8,400 Retail Trade -8,000 Public Administration - 6,400 Leisure & Hospitality - 5,500 Professional & Business Services - 3,100 Construction, Mining & Logging - 2,300 Financial Activities - 1,900 Other Services -1,800 Wholesale Trade - 600 Manufacturing - 500 Transportation, Warehousing & Utilities - 500 Information -400 Source: Agency for Workforce Innovation April 2010 Release Number of Employees Industry Total Establishments 1-4 5-9 10-19 20-49 50-99 100-249 250+ Forestry, fishing and agriculture 1 0 1 0 0 0 0 0 Mining 3 1 0 0 1 1 0 0 Utilities 8 5 2 0 1 0 0 0 Construction 712 513 78 68 41 7 4 1 Manufacturing 65 37 10 11 5 2 0 0 Wholesale trade 122 83 23 10 5 1 0 0 Retail trade 575 282 126 90 39 16 20 2 Transportation and warehousing 75 63 5 5 2 0 0 0 Information 49 29 10 3 3 2 0 2 Finance and insurance 238 132 62 30 12 2 0 0 Real estate, rental and leasing 340 282 40 15 2 1 0 0 Professional, scientific and technical services 365 273 37 34 17 2 1 1 Management of companies and enterprises 8 6 1 0 1 0 0 0 Administration, support, waste management 261 197 24 22 11 4 2 1 Educational services 28 16 4 5 3 0 0 0 Health care and social assistance 457 228 130 44 30 11 11 3 Arts, entertainment and recreation 48 24 5 8 8 3 0 0 Accommodation and food services 227 79 43 36 44 21 4 0 Other services 326 209 76 29 10 1 1 0 Unclassified establishments 12 11 0 1 0 0 0 0 Total 3,919 2,470 676 411 235 74 43 10 Source: US Census County Business Pattern 2007 Demographic Profile 2010 5 Unemployment Rates LaborLabor Force Force StatisticsStatistics January 2010 FebruaryJanuary 2010 2009 Labor Force 69,820 Labor Force 68,751 Employed 61,597 U.S. 10.6% Employed 59,258 Unemployed 8,223 Florida 12.2% Unemployed 9,493 Unemployment Rate 11.8% Charlotte County 13.8% Unemployment Rate 13.8% Source: Agency for Workforce Innovation, Source:Source: AgencyAgency for for Workforce Workforce Innovation, Innovation, Feb 2009 January 2010 January 2010 Leading Private Employers in All Sectors Company Industry Company Industry Wal-Mart Stores Inc Retail Trade Golden Corral Corp Accomodation and Food Services Publix Super Markets Inc Retail Trade Mariner Health of Port Charlotte Health Care Fawcett Memorial Hospital Health Care United States Postal Service Transportation and Port Charlotte HMA LLC Health Care Warehousing Punta Gorda HMA Inc Health Care JC Penney Corp Inc Retail Trade Home Depot USA Inc Retail Trade Don Gasgarth Ford Inc Retail Trade Winn-Dixie Stores Inc Retail Trade Target Corp Retail Trade Charlotte County School Board Education Charlotte Harbor Land Co Inc Retail Trade Palm Chevrolet- Retail Trade Oldsmobile Inc Saint Vincent De Paul Co Retail Trade Punta Gorda Associates Health Care Williams Farms Partnership Agriculture Dillard’s Inc Retail Trade Charlotte County Family YMCA Arts, Entertainment & Recreation GMRI Inc Accomodation and Food Services Englewood Health Care Health Care Associates Sears, Roebuck & Co Retail Trade Village Place Health & Health Care Smugglers Enterprises Inc Accomodation and Rehabilitation Food Services Seabreeze Electric Inc Construction Sun Coast Media Group Inc Arts, Entertainment & Recreation Deep Creek Rehab & Nursing Health Care Center Sweetbay Supermarket Retail Trade Riverside Behavioral Center Health Care Trans Healthcare Inc Health Care Adams Bros Cabinetry Inc Manufacturing Old Punta Gorda Inc Management and Remediation Services A Preferred Nursing Service Health Care Walgreen Co Retail Trade Ambitrans Medical Transport Health Care Lowe’s Home Centers Inc Retail Trade Forsberg Construction Inc Construction Dr.