A REGIONAL STRATEGY FOR ECONOMIC TRANSFORMATION …...University of Florida, Bureau of Economic and...

A REGIONAL STRATEGY FOR ECONOMIC TRANSFORMATION

COUNTY SNAPSHOTS

Haas.UWF.edu February 2017

Table of Contents COUNTY SNAPSHOTS .............................................................................................................................................................................................. 1

Bay County .................................................................................................................................................................................................................................... 2 Calhoun County ........................................................................................................................................................................................................................... 5 Escambia County ........................................................................................................................................................................................................................ 8 Franklin County ....................................................................................................................................................................................................................... 11 Gulf County ................................................................................................................................................................................................................................ 14 Holmes County ......................................................................................................................................................................................................................... 17 Jackson County ......................................................................................................................................................................................................................... 20 Liberty County .......................................................................................................................................................................................................................... 23 Okaloosa County ...................................................................................................................................................................................................................... 26 Santa Rosa County .................................................................................................................................................................................................................. 29 Wakulla County ....................................................................................................................................................................................................................... 32 Walton County ......................................................................................................................................................................................................................... 35 Washington County ................................................................................................................................................................................................................ 38

Summary Table ............................................................................................................................................................................................................................ 41 GLOSSARY ............................................................................................................................................................................................................... 42

Page | 1

COUNTY SNAPSHOTS

Bay County

Data Sources: 1EMSI, 2016.4 – QCEW Employees, Non-QCEW Employees, and Self-Employed, 2US Bureau of Labor Statistics via JobsEQ®. 3StatsAmerica, Innovation 2.0. County Map: Florida’s Great Northwest.

Bay County

Key Economic Indicators Bay* Region Florida US Jobs1, 2016 86,562 (3) 456,631 9,197,468 158,524,651 Change (%) in jobs from 2009 8.2% (3) 6.6% 14.1% 9.0% Share (%) of regional employment, 2016 19.0% (3) 100% (X) (X)Number of establishments1, 2016 5,457 (3) 28,515 644,673 9,590,744 Establishments per 1000 population, 2016 31 (4) 26 32 30 Share (%) of regional establishments, 2016 19.14% (3) 100% (X) (X)Average earnings (all industries)1, 2016 $46,182 (4) $47,943 $53,376 $61,389Relative earnings (US = 100%) 75% (4) 78% 87% 100% Labor force participation rate2, ACS 2011-15 60.3% (1) 56.9% 59.2% 63.5% Unemployment rate2 (August, 2016), NSA 4.6% (7) 4.60% 4.90% 5.00% Gross regional product (million)2, 2015 $7,097 (3) $40,390 $827,488 $16,725,284 GRP per capita, 2015 $40,951 (3) $37,614 $41,760 $52,044 Share (%) of regional GRP 17.57% (3) 100% (X) (X)*(Rank among 13-county region)

Construction, 4,812

Professional, Scientific, and Technical Services,

4,114

Real Estate and Rental and Leasing, 2,749

Government, 17,410

Accommodation and Food Services, 12,536

Health Care and Social Assistance, 10,643

Retail Trade, 10,600

Administrative and Support and Waste Management and

Remediation Services, 6,744

Other Services (except Public Administration),

3,687

Manufacturing, 3,620

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$90,000

-30% -20% -10% 0% 10% 20% 30% 40% 50% 60% 70% 80%

Aver

age

Earn

ings

per

Wor

ker

Percent Change in Employment, 2009-2016Below 75% of US Earnings per Worker Between 75% and 100% Above 100% of US Earnings per Worker

Top 10 Industry Sectors by Employment (2-Digit NAICS, 2009-2016)1

32%

65%

62%

56%

62%

59%

60%

67%

45%

31%

48%

45%

0% 50% 100%

EconomicWell-Being

Employment & Productivity

Business Profile

BusinessDynamics

Human Capital &Knowledge Creation

InnovationIndex (Total)

Innovation Index for U.S. Counties3

Percentile among Counties in Florida (67)Percentile among Counties in the U.S. (3110)

Bay County

Data Sources: 4U.S. Census Bureau, Population Division; 5University of Florida, Bureau of Economic and Business Research (County and State Projections); 6JobsEQ® for some estimates for aggregate region (Median Age). 7U.S. Census Bureau, 2010-2014 ACS; 8U.S. Census Bureau, OnTheMap Application and LEHD Origin-Destination Employment Statistics.

Key Demographic Indicators Bay* Region Florida US Population, 20154,5 181,635 (3) 1,096,420 20,271,272 321,418,820 Population change, 2010-2015, count 12,783 (4) 66,965 1,469,962 12,673,282 Population change, 2010-2015, percent 7.57% (4) 6.50% 7.82% 4.10% Population, 20254,5 191,900 (4) 1,180,500 22,799,500 347,335,000 Population change, 2015-2025, percent 5.65% (10) 7.67% 12.47% 8.06% Population per square mile, 20164,5 232 (2) 115 376 92 Median age4,6 39.5 (6) 39.0 40.7 37.2 Age composition4,5, 2015 0-17 years 21.5% (4) 21.3% 20.5% 22.9% 18-64 years 62.4% (9) 62.7% 60.7% 62.2% 65+ years 16.1% (9) 16.0% 18.8% 14.9% Education attainment7, 2014 Less than high school 12.50% (4) 12.71% 13.50% 13.60% Higher school graduate or above 87.60% (4) 87.33% 86.50% 86.30% Associates’ degree or above 31.90% (5) 33.29% 35.90% 37.20% Bachelor's degree or higher 21.60% (5) 22.95% 26.80% 29.30% Median household income7, 2014 $47,274 (4) $48,567 $47,212 $53,482 Below poverty7, 2014 14.75% (4) 15.80% 16.67% 15.60% *(Rank among 13-county region)

-2,000

-1,000

0

1,000

2,000

3,000

4,000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2011

2012

2013

2014

2015

Annual Components of Resident Population Change (2001-2015)4,5

Natural Increase (Births - Deaths) Net International MigrationNet Domestic Migration Net Change

-25,000-20,000-15,000-10,000

-5,0000

5,00010,00015,00020,00025,00030,000

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

Job

Flow

Commuting Trend Chart8

Inflow Outflow Net Inflow/Outflow

42.7%

42.2%

55.5%

28.8%

0%

20%

40%

60%

1990 1995 2000 2005 2010 2015 2020

Total Population Indexed to 19904,5

BayRegionFloridaUS

Bay County

Notes: LQ’s >= than 1.25 are highlighted. Earnings above the regional average earnings for all industries of $46,182 and occupations of $16.93 per hour are highlighted. Data Source: 9EMSI, 2016.4 – QCEW Employees, Non-QCEW Employees, and Self-Employed;

Top 10 Industries by Employment (6-Digits NAICS)9

Top 10 Occupations by Employment (5-Digits SOC)9

Calhoun County


Calhoun County

Key Economic Indicators Calhoun* Region Florida US Jobs1, 2016 3,300 (12) 456,631 9,197,468 158,524,651 Change (%) in jobs from 2009 -4.5% (10) 6.6% 14.1% 9.0% Share (%) of regional employment, 2016 0.7% (12) 100% (X) (X)Number of establishments1, 2016 242 (12) 28,515 644,673 9,590,744 Establishments per 1000 population, 2016 17 911) 26 32 30 Share (%) of regional establishments, 2016 0.85% (12) 100% (X) (X)Average earnings (all industries)1, 2016 $36,777 (11) $47,943 $53,376 $61,389 Relative earnings (US = 100%) 60% (11) 78% 87% 100% Labor force participation rate2, ACS 2011-15 44.5% (11) 56.9% 59.2% 63.5% Unemployment rate2 (August, 2016), NSA 5.80% (13) 4.60% 4.90% 5.00% Gross regional product (million)2, 2015 $219 (12) $40,390 $827,488 $16,725,284 GRP per capita, 2015 $15,085 (12) $37,614 $41,760 $52,044 Share (%) of regional GRP 0.54% (12) 100% (X) (X)*(Rank among 13-county region)

Government, 984

Health Care and Social Assistance, 627

Retail Trade, 365

Construction, 222

Accommodation and Food Services, 188


172

Wholesale Trade, 116

Transportation and Warehousing, 95


Remediation Services, 83

Crop and Animal Production, 231

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

-60% -40% -20% 0% 20% 40% 60% 80%

Aver

age

Earn

ings

per

Wor

ker



9%

20%

13%

46%

6%

6%

13%

19%

7%

22%

4%

12%

0% 50% 100%

EconomicWell-Being


Business Profile

BusinessDynamics





Calhoun County


Key Demographic Indicators Calhoun* Region Florida US Population, 20154,5 14,462 (11) 1,096,420 20,271,272 321,418,820 Population change, 2010-2015, count -163 (10) 66,965 1,469,962 12,673,282 Population change, 2010-2015, percent -1.11% (11) 6.50% 7.82% 4.10% Population, 20254,5 15,300 (11) 1,180,500 22,799,500 347,335,000 Population change, 2015-2025, percent 5.79% (9) 7.67% 12.47% 8.06% Population per square mile, 20164,5 26 (11) 115 376 92 Median age4,6 39.7 (7) 39.0 40.7 37.2 Age composition4,5, 2015

0-17 years 20.7% (6) 21.3% 20.5% 22.9% 18-64 years 62.1% (11) 62.7% 60.7% 62.2% 65+ years 17.2% (6) 16.0% 18.8% 14.9%

Education attainment7, 2014 Less than high school 26.70% (13) 12.71% 13.50% 13.60% Higher school graduate or above 73.30% (13) 87.33% 86.50% 86.30% Associates’ degree or above 14.10% (13) 33.29% 35.90% 37.20% Bachelor's degree or higher 9.20% (13) 22.95% 26.80% 29.30% Median household income7, 2014 $34,053 (13) $48,567 $47,212 $53,482 Below poverty7, 2014 22.45% (11) 15.80% 16.67% 15.60% *(Rank among 13-county region)

-400

-300

-200

-100

0

100

200

300

2001

2002

2003

2004

2005

2006

2007

2008

2009

2011

2012

2013

2014

2015



30.9%

42.2%

55.5%

28.8%

0%

20%

40%

60%

1990 1995 2000 2005 2010 2015 2020


CalhounRegionFloridaUS

-6,000

-5,000

-4,000

-3,000

-2,000

-1,000

0

1,000

2,000

3,000

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

Job

Flow



Calhoun County




Escambia County


Escambia County

Key Economic Indicators Escambia* Region Florida US Jobs1, 2016 152,400 (1) 456,631 9,197,468 158,524,651 Change (%) in jobs from 2009 5.8% (5) 6.6% 14.1% 9.0% Share (%) of regional employment, 2016 33.4% (1) 100% (X) (X) Number of establishments1, 2016 7,997 (1) 28,515 644,673 9,590,744 Establishments per 1000 population, 2016 26 (5) 26 32 30 Share (%) of regional establishments, 2016 28.04% (1) 100% (X) (X) Average earnings (all industries)1, 2016 $49,690 (2) $47,943 $53,376 $61,389 Relative earnings (US = 100%) 81% (2) 78% 87% 100% Labor force participation rate2, ACS 2011-15 57.8% (3) 56.9% 59.2% 63.5% Unemployment rate2 (August, 2016), NSA 5.0% (8) 4.60% 4.90% 5.00% Gross regional product (million)2, 2015 $13,499 (1) $40,390 $827,488 $16,725,284 GRP per capita, 2015 $43,977 (2) $37,614 $41,760 $52,044 Share (%) of regional GRP 33.42% (1) 100% (X) (X) *(Rank among 13-county region)



Finance and Insurance, …

Government, 34,025



Construction, 8,217


6,985


6,620



$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$90,000

-30% -20% -10% 0% 10% 20% 30% 40%

Aver

age

Earn

ings

per

Wor

ker

Percent Change in Employment, 2009-2016

Below 75% of US Earnings per Worker Between 75% and 100% Above 100% of US Earnings per Worker


21%

42%

78%

58%

85%

67%

37%

37%

67%

33%

78%

49%

0% 50% 100%

EconomicWell-Being


Business Profile

BusinessDynamics





Escambia County


Key Demographic Indicators Escambia* Region Florida US Population, 20154,5 311,003 (1) 1,096,420 20,271,272 321,418,820 Population change, 2010-2015, count 13,384 (3) 66,965 1,469,962 12,673,282 Population change, 2010-2015, percent 4.50% (5) 6.50% 7.82% 4.10% Population, 20254,5 321,100 (1) 1,180,500 22,799,500 347,335,000 Population change, 2015-2025, percent 3.25% (12) 7.67% 12.47% 8.06% Population per square mile, 20164,5 472 (1) 115 376 92 Median age4,6 37.6 (2) 39.0 40.7 37.2 Age composition4,5, 2015 0-17 years 21.3% (5) 21.3% 20.5% 22.9% 18-64 years 62.4% (10) 62.7% 60.7% 62.2% 65+ years 16.3% (8) 16.0% 18.8% 14.9% Education attainment7, 2014 Less than high school 11.50% (3) 12.71% 13.50% 13.60% Higher school graduate or above 88.50% (3) 87.33% 86.50% 86.30% Associates’ degree or above 36.50% (3) 33.29% 35.90% 37.20% Bachelor's degree or higher 23.90% (4) 22.95% 26.80% 29.30% Median household income7, 2014 $44,883 (5) $48,567 $47,212 $53,482 Below poverty7, 2014 17.11% (6) 15.80% 16.67% 15.60% *(Rank among 13-county region)

18.1%

42.2%

55.5%

28.8%

0%

20%

40%

60%

1990 1995 2000 2005 2010 2015 2020


EscambiaRegionFloridaUS

-3,000

-2,000

-1,000

0

1,000

2,000

3,000

4,000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2011

2012

2013

2014

2015



-60,000

-40,000

-20,000

0

20,000

40,000

60,000

80,000

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

Job

Flow



Escambia County




Franklin County


Franklin County

Key Economic Indicators Franklin* Region Florida US Jobs1, 2016 3,837 (10) 456,631 9,197,468 158,524,651 Change (%) in jobs from 2009 1.6% (6) 6.6% 14.1% 9.0% Share (%) of regional employment, 2016 0.8% (10) 100% (X) (X) Number of establishments1, 2016 376 (10) 28,515 644,673 9,590,744 Establishments per 1000 population, 2016 32 (3) 26 32 30 Share (%) of regional establishments, 2016 1.32% (10) 100% (X) (X) Average earnings (all industries)1, 2016 $35,905 (13) $47,943 $53,376 $61,389 Relative earnings (US = 100%) 58% (13) 78% 87% 100% Labor force participation rate2, ACS 2011-15 48.4% (7) 56.9% 59.2% 63.5% Unemployment rate2 (August, 2016), NSA 3.90% (2) 4.60% 4.90% 5.00% Gross regional product (million)2, 2015 $278 (11) $40,390 $827,488 $16,725,284 GRP per capita, 2015 $23,478 (5) $37,614 $41,760 $52,044 Share (%) of regional GRP 0.69% (11) 100% (X) (X) *(Rank among 13-county region)

Government, 971

Retail Trade, 496

Construction, 241Real Estate and Rental and Leasing, 189

Manufacturing, 147




Health Care and Social Assistance, 282Other Services (except

Public Administration), 127


$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

-90% -40% 10% 60% 110% 160%

Aver

age

Earn

ings

per

Wor

ker




31%

61%

49%

25%

23%

34%

58%

54%

34%

13%

28%

34%

0% 50% 100%

EconomicWell-Being


Business Profile

BusinessDynamics





Franklin County


Key Demographic Indicators Franklin* Region Florida US Population, 20154,5 11,761 (12) 1,096,420 20,271,272 321,418,820 Population change, 2010-2015, count 212 (7) 66,965 1,469,962 12,673,282 Population change, 2010-2015, percent 1.84% (7) 6.50% 7.82% 4.10% Population, 20254,5 12,100 (12) 1,180,500 22,799,500 347,335,000 Population change, 2015-2025, percent 2.88% (13) 7.67% 12.47% 8.06% Population per square mile, 20164,5 22 (12) 115 376 92 Median age4,6 42.4 (12) 39.0 40.7 37.2 Age composition4,5, 2015 0-17 years 16.8% (12) 21.3% 20.5% 22.9% 18-64 years 63.5% (5) 62.7% 60.7% 62.2% 65+ years 19.7% (1) 16.0% 18.8% 14.9% Education attainment7, 2014 Less than high school 21.70% (10) 12.71% 13.50% 13.60% Higher school graduate or above 78.40% (10) 87.33% 86.50% 86.30% Associates’ degree or above 21.30% (8) 33.29% 35.90% 37.20% Bachelor's degree or higher 16.00% (7) 22.95% 26.80% 29.30% Median household income7, 2014 $37,815 (10) $48,567 $47,212 $53,482 Below poverty7, 2014 22.95% (12) 15.80% 16.67% 15.60% *(Rank among 13-county region)

-200-150-100

-500

50100150200250

2001

2002

2003

2004

2005

2006

2007

2008

2009

2011

2012

2013

2014

2015



31.0%

42.2%

55.5%

28.8%

0%

20%

40%

60%

1990 1995 2000 2005 2010 2015 2020


FranklinRegionFloridaUS

-4000

-3000

-2000

-1000

0

1000

2000

3000

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

Job

Flow



*Franklin County’s decline in population growth rate from 2000-2005 is a result of inconsistencies in Census Bureau data.

Franklin County




Gulf County


Gulf County

Key Economic Indicators Gulf* Region Florida US Jobs1, 2016 4,244 (9) 456,631 9,197,468 158,524,651 Change (%) in jobs from 2009 0.3% (7) 6.6% 14.1% 9.0% Share (%) of regional employment, 2016 0.9% (9) 100% (X) (X) Number of establishments1, 2016 379 (9) 28,515 644,673 9,590,744 Establishments per 1000 population, 2016 23 (6) 26 32 30 Share (%) of regional establishments, 2016 1.33% (9) 100% (X) (X) Average earnings (all industries)1, 2016 $42,164 (6) $47,943 $53,376 $61,389 Relative earnings (US = 100%) 69% (6) 78% 87% 100% Labor force participation rate2, ACS 2011-15 45.7% (9) 56.9% 59.2% 63.5% Unemployment rate2 (August, 2016), NSA 4.30% (5) 4.60% 4.90% 5.00% Gross regional product (million)2, 2015 $336 (9) $40,390 $827,488 $16,725,284 GRP per capita, 2015 $20,554 (8) $37,614 $41,760 $52,044 Share (%) of regional GRP 0.83% (9) 100% (X) (X) *(Rank among 13-county region)

Government, 1,245

Construction, 316

Other Services (except Public Administration), 202


190

Real Estate and Rental and Leasing, 183




Retail Trade, 467



$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

-40% -20% 0% 20% 40% 60% 80%

Aver

age

Earn

ings

per

Wor

ker




28%

6%

58%

7%

9%

5%

55%

6%

40%

1%

9%

10%

0% 50% 100%

EconomicWell-Being


Business Profile

BusinessDynamics





Gulf County


Key Demographic Indicators Gulf* Region Florida US Population, 20154,5 15,871 (10) 1,096,420 20,271,272 321,418,820 Population change, 2010-2015, count 8 (8) 66,965 1,469,962 12,673,282 Population change, 2010-2015, percent 0.05% (8) 6.50% 7.82% 4.10% Population, 20254,5 17,000 (10) 1,180,500 22,799,500 347,335,000 Population change, 2015-2025, percent 7.11% (6) 7.67% 12.47% 8.06% Population per square mile, 20164,5 29 115 376 92 Median age4,6 42.7 (1) 39.0 40.7 37.2 Age composition4,5, 2015 0-17 years 15.6% (13) 21.3% 20.5% 22.9% 18-64 years 65.6% (2) 62.7% 60.7% 62.2% 65+ years 18.8% (3) 16.0% 18.8% 14.9% Education attainment7, 2014 Less than high school 20.30% (8) 12.71% 13.50% 13.60% Higher school graduate or above 79.60% (8) 87.33% 86.50% 86.30% Associates’ degree or above 21.80% (7) 33.29% 35.90% 37.20% Bachelor's degree or higher 14.70% (8) 22.95% 26.80% 29.30% Median household income7, 2014 $40,964 (7) $48,567 $47,212 $53,482 Below poverty7, 2014 16.38% (5) 15.80% 16.67% 15.60% *(Rank among 13-county region)

-200

-100

0

100

200

300

400

2001

2002

2003

2004

2005

2006

2007

2008

2009

2011

2012

2013

2014

2015



38.2%

42.2%

55.5%

28.8%

-5%

15%

35%

55%

75%

1990 1995 2000 2005 2010 2015 2020


GulfRegionFloridaUS

-6000

-5000

-4000

-3000

-2000

-1000

0

1000

2000

3000

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

Job

Flow



Gulf County




Holmes County


Holmes County

Key Economic Indicators Holmes* Region Florida US Jobs1, 2016 3,737 (11) 456,631 9,197,468 158,524,651 Change (%) in jobs from 2009 -6.1% (11) 6.6% 14.1% 9.0% Share (%) of regional employment, 2016 0.8% (11) 100% (X) (X) Number of establishments1, 2016 339 (11) 28,515 644,673 9,590,744 Establishments per 1000 population, 2016 17 (10) 26 32 30 Share (%) of regional establishments, 2016 1.19% (11) 100% (X) (X) Average earnings (all industries)1, 2016 $36,320 (12) $47,943 $53,376 $61,389 Relative earnings (US = 100%) 59% (12) 78% 87% 100% Labor force participation rate2, ACS 2011-15 45.0% (10) 56.9% 59.2% 63.5% Unemployment rate2 (August, 2016), NSA 5.60% (12) 4.60% 4.90% 5.00% Gross regional product (million)2, 2015 $301 (10) $40,390 $827,488 $16,725,284 GRP per capita, 2015 $15,133 (12) $37,614 $41,760 $52,044 Share (%) of regional GRP 0.75% (10) 100% (X) (X) *(Rank among 13-county region)

Government, 1,450

Retail Trade, 425


Construction, 309 Accommodation and Food Services,

267


227



Finance and Insurance, 101

Manufacturing, 99Professional, Scientific, and Technical Services,

86

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

-50% -40% -30% -20% -10% 0% 10% 20% 30% 40%

Aver

age

Earn

ings

per

Wor

ker



13%

1%

27%

30%

5%

1%

16%

1%

19%

16%

3%

0%

0% 50% 100%

EconomicWell-Being


Business Profile

BusinessDynamics





Holmes County


Key Demographic Indicators Holmes* Region Florida US Population, 20154,5 19,324 (9) 1,096,420 20,271,272 321,418,820 Population change, 2010-2015, count -603 (12) 66,965 1,469,962 12,673,282 Population change, 2010-2015, percent -3.03% (13) 6.50% 7.82% 4.10% Population, 20254,5 20,500 (9) 1,180,500 22,799,500 347,335,000 Population change, 2015-2025, percent 6.09% (8) 7.67% 12.47% 8.06% Population per square mile, 20164,5 42 (9) 115 376 92 Median age4,6 41.3 (10) 39.0 40.7 37.2 Age composition4,5, 2015 0-17 years 20.6% (7) 21.3% 20.5% 22.9% 18-64 years 60.1% (13) 62.7% 60.7% 62.2% 65+ years 19.3% (2) 16.0% 18.8% 14.9% Education attainment7, 2014 Less than high school 24.30% (11) 12.71% 13.50% 13.60% Higher school graduate or above 75.70% (11) 87.33% 86.50% 86.30% Associates’ degree or above 17.00% (11) 33.29% 35.90% 37.20% Bachelor's degree or higher 10.90% (12) 22.95% 26.80% 29.30% Median household income7, 2014 $36,236 (12) $48,567 $47,212 $53,482 Below poverty7, 2014 26.60% (13) 15.80% 16.67% 15.60% *(Rank among 13-county region)

-400

-300

-200

-100

0

100

200

300

2001

2002

2003

2004

2005

2006

2007

2008

2009

2011

2012

2013

2014

2015



22.2%

42.2%

55.5%

28.8%

0%

20%

40%

60%

1990 1995 2000 2005 2010 2015 2020


HolmesRegionFloridaUS

-6,000

-5,000

-4,000

-3,000

-2,000

-1,000

0

1,000

2,000

3,000

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

Job

Flow



Holmes County




Jackson County


Jackson County

Key Economic Indicators Jackson* Region Florida US Jobs1, 2016 15,963 (6) 456,631 9,197,468 158,524,651 Change (%) in jobs from 2009 -1.9% (8) 6.6% 14.1% 9.0% Share (%) of regional employment, 2016 3.5% (6) 100% (X) (X) Number of establishments1, 2016 911 (6) 28,515 644,673 9,590,744 Establishments per 1000 population, 2016 18 (8) 26 32 30 Share (%) of regional establishments, 2016 3.19% (6) 100% (X) (X) Average earnings (all industries)1, 2016 $40,432 (9) $47,943 $53,376 $61,389 Relative earnings (US = 100%) 66% (9) 78% 87% 100% Labor force participation rate2, ACS 2011-15 44.1% (12) 56.9% 59.2% 63.5% Unemployment rate2 (August, 2016), NSA 5.50% (11) 4.60% 4.90% 5.00% Gross regional product (million)2, 2015 $1,114 (6) $40,390 $827,488 $16,725,284 GRP per capita, 2015 $22,077 (7) $37,614 $41,760 $52,044 Share (%) of regional GRP 2.76% (6) 100% (X) (X) *(Rank among 13-county region)

Government, 5,441



Transportation and Warehousing, 739


662

Manufacturing, 639Administrative and Support and Waste Management and

Remediation Services, 539 Professional, Scientific,

and Technical Services, 341

Retail Trade, 2,146

Construction, 982

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

-20% -10% 0% 10% 20% 30% 40% 50%

Aver

age

Earn

ings

per

Wor

ker




9%

47%

66%

32%

21%

29%

9%

43%

49%

18%

22%

31%

0% 50% 100%

EconomicWell-Being


Business Profile

BusinessDynamics





Jackson County


Key Demographic Indicators Jackson* Region Florida US Population, 20154,5 48,599 (6) 1,096,420 20,271,272 321,418,820 Population change, 2010-2015, count -1,147 (13) 66,965 1,469,962 12,673,282 Population change, 2010-2015, percent -2.31% (12) 6.50% 7.82% 4.10% Population, 20254,5 51,700 (6) 1,180,500 22,799,500 347,335,000 Population change, 2015-2025, percent 6.38% (7) 7.67% 12.47% 8.06% Population per square mile, 20164,5 55 (6) 115 376 92 Median age4,6 40.5 (9) 39.0 40.7 37.2 Age composition4,5, 2015 0-17 years 19.0% (11) 21.3% 20.5% 22.9% 18-64 years 63.6% (4) 62.7% 60.7% 62.2% 65+ years 17.4% (5) 16.0% 18.8% 14.9% Education attainment7, 2014 Less than high school 21.20% (9) 12.71% 13.50% 13.60% Higher school graduate or above 78.80% (9) 87.33% 86.50% 86.30% Associates’ degree or above 21.30% (9) 33.29% 35.90% 37.20% Bachelor's degree or higher 14.20% (9) 22.95% 26.80% 29.30% Median household income7, 2014 $36,310 (11) $48,567 $47,212 $53,482 Below poverty7, 2014 21.29% (10) 15.80% 16.67% 15.60% *(Rank among 13-county region)

-800-600-400-200

0200400600800

1,0001,2001,400

2001

2002

2003

2004

2005

2006

2007

2008

2009

2011

2012

2013

2014

2015



17.2%

42.2%

55.5%

28.8%

0%

20%

40%

60%

1990 1995 2000 2005 2010 2015 2020


JacksonRegionFloridaUS

-12,000-10,000

-8,000-6,000-4,000-2,000

02,0004,0006,0008,000

10,000

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

Job

Flow



Jackson County




Liberty County


Liberty County

Key Economic Indicators Liberty* Region Florida US Jobs1, 2016 2,087 (13) 456,631 9,197,468 158,524,651 Change (%) in jobs from 2009 -30.4% (13) 6.6% 14.1% 9.0% Share (%) of regional employment, 2016 0.5% (13) 100% (X) (X) Number of establishments1, 2016 114 (13) 28,515 644,673 9,590,744 Establishments per 1000 population, 2016 13 (13) 26 32 30 Share (%) of regional establishments, 2016 0.40% (13) 100% (X) (X) Average earnings (all industries)1, 2016 $47,593 (3) $47,943 $53,376 $61,389 Relative earnings (US = 100%) 78% (3) 78% 87% 100% Labor force participation rate2, ACS 2011-15 44.1% (12) 56.9% 59.2% 63.5% Unemployment rate2 (August, 2016), NSA 5.40% (10) 4.60% 4.90% 5.00% Gross regional product (million)2, 2015 $153 (13) $40,390 $827,488 $16,725,284 GRP per capita, 2015 $17,577 (10) $37,614 $41,760 $52,044 Share (%) of regional GRP 0.38% (13) 100% (X) (X) *(Rank among 13-county region)


Manufacturing, 322

Retail Trade, 123


51

Utilities, 43



Government, 815



$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

-50% -30% -10% 10% 30% 50% 70% 90% 110%

Aver

age

Earn

ings

per

Wor

ker



16%

21%

51%

61%

9%

17%

27%

24%

36%

37%

7%

27%

0% 50% 100%

EconomicWell-Being


Business Profile

BusinessDynamics





Liberty County


Key Demographic Indicators Liberty* Region Florida US Population, 20154,5 8,331 (13) 1,096,420 20,271,272 321,418,820 Population change, 2010-2015, count -34 (9) 66,965 1,469,962 12,673,282 Population change, 2010-2015, percent -0.41% (9) 6.50% 7.82% 4.10% Population, 20254,5 9,700 (13) 1,180,500 22,799,500 347,335,000 Population change, 2015-2025, percent 16.43% (2) 7.67% 12.47% 8.06% Population per square mile, 20164,5 10 (13) 115 376 92 Median age4,6 37 (1) 39.0 40.7 37.2 Age composition4,5, 2015 0-17 years 20.6% (8) 21.3% 20.5% 22.9% 18-64 years 67.9% (1) 62.7% 60.7% 62.2% 65+ years 11.5% (13) 16.0% 18.8% 14.9% Education attainment7, 2014 Less than high school 25.00% (12) 12.71% 13.50% 13.60% Higher school graduate or above 75.00% (12) 87.33% 86.50% 86.30% Associates’ degree or above 16.60% (12) 33.29% 35.90% 37.20% Bachelor's degree or higher 13.10% (10) 22.95% 26.80% 29.30% Median household income7, 2014 $38,990 (8) $48,567 $47,212 $53,482 Below poverty7, 2014 20.05% (9) 15.80% 16.67% 15.60% *(Rank among 13-county region)

-200

-100

0

100

200

300

400

2001

2002

2003

2004

2005

2006

2007

2008

2009

2011

2012

2013

2014

2015



48.9%

42.2%

55.5%

28.8%

0%

20%

40%

60%

1990 1995 2000 2005 2010 2015 2020


LibertyRegionFloridaUS

-3000

-2000

-1000

0

1000

2000

3000

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

Job

Flow



Liberty County




Okaloosa County


Okaloosa County

Key Economic Indicators Okaloosa* Region Florida US Jobs1, 2016 104,957 (2) 456,631 9,197,468 158,524,651 Change (%) in jobs from 2009 6.7% (4) 6.6% 14.1% 9.0% Share (%) of regional employment, 2016 23.0% (2) 100% (X) (X) Number of establishments1, 2016 6,187 (2) 28,515 644,673 9,590,744 Establishments per 1000 population, 2016 32 (2) 26 32 30 Share (%) of regional establishments, 2016 21.70% (2) 100% (X) (X) Average earnings (all industries)1, 2016 $53,807 (1) $47,943 $53,376 $61,389 Relative earnings (US = 100%) 88% (1) 78% 87% 100% Labor force participation rate2, ACS 2011-15 59.2% (2) 56.9% 59.2% 63.5% Unemployment rate2 (August, 2016), NSA 3.90% (1) 4.60% 4.90% 5.00% Gross regional product (million)2, 2015 $10,696 (2) $40,390 $827,488 $16,725,284 GRP per capita, 2015 $55,739 (1) $37,614 $41,760 $52,044 Share (%) of regional GRP 26.48% (2) 100% (X) (X) *(Rank among 13-county region)

Construction, 4,555

Finance and Insurance, 3,016





7,264

Other Services (except Public

Administration), 5,727



Government, 33,682


$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$90,000

-40% -30% -20% -10% 0% 10% 20% 30% 40%

Aver

age

Earn

ings

per

Wor

ker




54%

64%

47%

60%

89%

76%

88%

63%

33%

34%

84%

55%

0% 50% 100%

EconomicWell-Being


Business Profile

BusinessDynamics





Okaloosa County


Key Demographic Indicators Okaloosa* Region Florida US Population, 20154,5 198,664 (2) 1,096,420 20,271,272 321,418,820 Population change, 2010-2015, count 17,842 (1) 66,965 1,469,962 12,673,282 Population change, 2010-2015, percent 9.87% (3) 6.50% 7.82% 4.10% Population, 20254,5 208,700 (2) 1,180,500 22,799,500 347,335,000 Population change, 2015-2025, percent 5.05% (11) 7.67% 12.47% 8.06% Population per square mile, 20164,5 207 (3) 115 376 92 Median age4,6 38.3 (3) 39.0 40.7 37.2 Age composition4,5, 2015 0-17 years 21.8% (2) 21.3% 20.5% 22.9% 18-64 years 62.6% (8) 62.7% 60.7% 62.2% 65+ years 15.6% (10) 16.0% 18.8% 14.9% Education attainment7, 2014 Less than high school 8.90% (1) 12.71% 13.50% 13.60% Higher school graduate or above 91.00% (1) 87.33% 86.50% 86.30% Associates’ degree or above 38.30% (1) 33.29% 35.90% 37.20% Bachelor's degree or higher 28.10% (1) 22.95% 26.80% 29.30% Median household income7, 2014 $55,768 (2) $48,567 $47,212 $53,482 Below poverty7, 2014 13.75% (3) 15.80% 16.67% 15.60% *(Rank among 13-county region)

-4,000

-2,000

0

2,000

4,000

6,000

8,000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2011

2012

2013

2014

2015



-40,000

-30,000

-20,000

-10,000

0

10,000

20,000

30,000

40,000

50,000

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

Job

Flow



37.5%

42.2%

55.5%

28.8%

0%

20%

40%

60%

1990 1995 2000 2005 2010 2015 2020


OkaloosaRegionFloridaUS

Okaloosa County




Santa Rosa County


Santa Rosa County

Key Economic Indicators Santa Rosa* Region Florida US Jobs1, 2016 40,743 (4) 456,631 9,197,468 158,524,651 Change (%) in jobs from 2009 10.4% (2) 6.6% 14.1% 9.0% Share (%) of regional employment, 2016 8.9% (4) 100% (X) (X) Number of establishments1, 2016 3,244 (4) 28,515 644,673 9,590,744 Establishments per 1000 population 19 (7) 26 32 30 Share (%) of regional establishments, 2016 11.38% (4) 100% (X) (X) Average earnings (all industries)1, 2016 $43,575 (5) $47,943 $53,376 $61,389 Relative earnings (US = 100%) 71% (5) 78% 87% 100% Labor force participation rate2, ACS 2011-15 57.0% (4) 56.9% 59.2% 63.5% Unemployment rate2 (August, 2016), NSA 4.50% (6) 4.60% 4.90% 5.00% Gross regional product (million)2, 2015 $3,684 (4) $40,390 $827,488 $16,725,284 GRP per capita $22,609 (6) $37,614 $41,760 $52,044 Share (%) of regional GRP 9.12% (4) 100% (X) (X) *(Rank among 13-county region)

Construction, 3,160


2,121

Finance and Insurance,

1,054

Real Estate and Rental and Leasing, 914

Government, 8,020

Retail Trade, 5,947



Administrative and Support and Waste Management and Remediation Services, 3,003


2,068$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$90,000

-20% -10% 0% 10% 20% 30% 40% 50% 60%Av

erag

e Ea

rnin

gs p

er W

orke

r




58%

80%

62%

77%

85%

84%

96%

88%

43%

48%

79%

75%

0% 50% 100%

EconomicWell-Being


Business Profile

BusinessDynamics





Santa Rosa County


Key Demographic Indicators Santa Rosa* Region Florida US Population, 20154,5 167,040 (4) 1,096,420 20,271,272 321,418,820 Population change, 2010-2015, count 15,668 (2) 66,965 1,469,962 12,673,282 Population change, 2010-2015, percent 10.35% (2) 6.50% 7.82% 4.10% Population, 20254,5 192,900 (3) 1,180,500 22,799,500 347,335,000 Population change, 2015-2025, percent 15.48% (3) 7.67% 12.47% 8.06% Population per square mile, 20164,5 165 (4) 115 376 92 Median age4,6 39.2 (4) 39.0 40.7 37.2 Age composition4,5, 2015 0-17 years 22.6% (1) 21.3% 20.5% 22.9% 18-64 years 63.0% (6) 62.7% 60.7% 62.2% 65+ years 14.4% (11) 16.0% 18.8% 14.9% Education attainment7, 2014 Less than high school 9.8% (12) 12.7% 13.5% 13.6% Higher school graduate or above 90.2% (2) 87.3% 86.5% 86.3% Associates’ degree or above 38.2% (2) 33.3% 35.9% 37.2% Bachelor's degree or higher 26.5% (2) 22.9% 26.8% 29.3% Median household income7, 2014 $58,199 (1) $48,567 $47,212 $53,482 Below poverty7, 2014 12.21% (1) 15.80% 16.67% 15.60% *(Rank among 13-county region)

102.6%

42.2%

55.5%

28.8%

0%

20%

40%

60%

80%

100%

120%

140%

1990 1995 2000 2005 2010 2015 2020


Santa RosaRegionFloridaUS

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2011

2012

2013

2014

2015



-50,000

-40,000

-30,000

-20,000

-10,000

0

10,000

20,000

30,000

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

Job

Flow



Santa Rosa County




Wakulla County


Wakulla County

Key Economic Indicators Wakulla* Region Florida US Jobs1, 2016 6,243 (8) 456,631 9,197,468 158,524,651 Change (%) in jobs from 2009 -2.1% (9) 6.6% 14.1% 9.0% Share (%) of regional employment, 2016 1.4% (8) 100% (X) (X) Number of establishments1, 2016 489 (7) 28,515 644,673 9,590,744 Establishments per 1000 population, 2016 15 (12) 26 32 30 Share (%) of regional establishments, 2016 1.71% (7) 100% (X) (X) Average earnings (all industries)1, 2016 $40,104 (10) $47,943 $53,376 $61,389 Relative earnings (US = 100%) 65% (10) 78% 87% 100% Labor force participation rate2, ACS 2011-15 55.8% (6) 56.9% 59.2% 63.5% Unemployment rate2 (August, 2016), NSA 4.10% (4) 4.60% 4.90% 5.00% Gross regional product (million)2, 2015 $510 (7) $40,390 $827,488 $16,725,284 GRP per capita, 2015 $16,306 (11) $37,614 $41,760 $52,044 Share (%) of regional GRP 1.26% (7) 100% (X) (X) *(Rank among 13-county region)

Government, 1,842

Retail Trade, 867Accommodation and Food Services, 659

Construction, 507

Professional, Scientific, and Technical Services, 406


Other Services (except Public Administration), 305


Remediation Services, 256 Transportation and

Warehousing, 85

Manufacturing, 522

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$90,000

-30% -20% -10% 0% 10% 20% 30% 40% 50% 60% 70%

Aver

age

Earn

ings

per

Wor

ker




69%

90%

36%

69%

78%

80%

97%

96%

30%

42%

69%

63%

0% 50% 100%

EconomicWell-Being


Business Profile

BusinessDynamics





Wakulla County


Key Demographic Indicators Wakulla* Region Florida US Population, 20154,5 31,535 (7) 1,096,420 20,271,272 321,418,820 Population change, 2010-2015, count 759 (6) 66,965 1,469,962 12,673,282 Population change, 2010-2015, percent 2.47% (6) 6.50% 7.82% 4.10% Population, 20254,5 35,600 (7) 1,180,500 22,799,500 347,335,000 Population change, 2015-2025, percent 12.89% (4) 7.67% 12.47% 8.06% Population per square mile, 20164,5 52 (7) 115 376 92 Median age4,6 38.8 (10) 39.0 40.7 37.2 Age composition4,5, 2015 0-17 years 21.7% (3) 21.3% 20.5% 22.9% 18-64 years 65.6% (3) 62.7% 60.7% 62.2% 65+ years 12.7% (12) 16.0% 18.8% 14.9% Education attainment7, 2014 Less than high school 12.50% (4) 12.71% 13.50% 13.60% Higher school graduate or above 87.50% (5) 87.33% 86.50% 86.30% Associates’ degree or above 25.20% (6) 33.29% 35.90% 37.20% Bachelor's degree or higher 17.20% (6) 22.95% 26.80% 29.30% Median household income7, 2014 $53,143 (3) $48,567 $47,212 $53,482 Below poverty7, 2014 13.38% (2) 15.80% 16.67% 15.60% *(Rank among 13-county region)

-500

0

500

1,000

1,500

2,000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2011

2012

2013

2014

2015



118.4%

42.2%

55.5%

28.8%

0%

20%

40%

60%

80%

100%

120%

140%

1990 1995 2000 2005 2010 2015 2020


WakullaRegionFloridaUS

-12,000

-10,000

-8,000

-6,000

-4,000

-2,000

0

2,000

4,000

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

Job

Flow



Wakulla County




Walton County


Walton County

Key Economic Indicators Walton* Region Florida US Jobs1, 2016 26,254 (5) 456,631 9,197,468 158,524,651 Change (%) in jobs from 2009 24.7% (1) 6.6% 14.1% 9.0% Share (%) of regional employment, 2016 5.7% (5) 100% (X) (X) Number of establishments1, 2016 2,357 (5) 28,515 644,673 9,590,744 Establishments per 1000 population, 2016 37 (1) 26 32 30 Share (%) of regional establishments, 2016 8.27% (5) 100% (X) (X) Average earnings (all industries)1, 2016 $40,914 (7) $47,943 $53,376 $61,389 Relative earnings (US = 100%) 67% (7) 78% 87% 100% Labor force participation rate2, ACS 2011-15 56.7% (5) 56.9% 59.2% 63.5% Unemployment rate2 (August, 2016), NSA 4.10% (3) 4.60% 4.90% 5.00% Gross regional product (million)2, 2015 $2,041 (5) $40,390 $827,488 $16,725,284 GRP per capita, 2015 $33,630 (4) $37,614 $41,760 $52,044 Share (%) of regional GRP 5.05% (5) 100% (X) (X) *(Rank among 13-county region)

Construction, 2,482


1,034

Manufacturing, 412

Retail Trade, 4,510

Government, 3,326 Health Care and Social Assistance, 2,388

Administrative and Support and Waste

Real Estate and Rental and Leasing, 1,092



1,341$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

$90,000

-30% -20% -10% 0% 10% 20% 30% 40% 50% 60% 70%

Aver

age

Earn

ings

per

Wor

ker




43%

72%

76%

91%

48%

78%

78%

76%

64%

70%

43%

58%

0% 50% 100%

EconomicWell-Being


Business Profile

BusinessDynamics





Walton County


Key Demographic Indicators Walton* Region Florida US Population, 20154,5 63,508 (5) 1,096,420 20,271,272 321,418,820 Population change, 2010-2015, count 8,465 (5) 66,965 1,469,962 12,673,282 Population change, 2010-2015, percent 15.38% (1) 6.50% 7.82% 4.10% Population, 20254,5 77,200 (5) 1,180,500 22,799,500 347,335,000 Population change, 2015-2025, percent 21.56% (1) 7.67% 12.47% 8.06% Population per square mile, 20164,5 61 (5) 115 376 92 Median age4,6 42.1 (11) 39.0 40.7 37.2 Age composition4,5, 2015 0-17 years 20.3% (10) 21.3% 20.5% 22.9% 18-64 years 61.8% (12) 62.7% 60.7% 62.2% 65+ years 17.9% (4) 16.0% 18.8% 14.9% Education attainment7, 2014 Less than high school 15.20% (6) 12.71% 13.50% 13.60% Higher school graduate or above 84.80% (6) 87.33% 86.50% 86.30% Associates’ degree or above 32.50% (5) 33.29% 35.90% 37.20% Bachelor's degree or higher 25.10% (3) 22.95% 26.80% 29.30% Median household income7, 2014 $44,468 (6) $48,567 $47,212 $53,482 Below poverty7, 2014 17.66% (7) 15.80% 16.67% 15.60% *(Rank among 13-county region)

-500

0

500

1,000

1,500

2,000

2,500

2001

2002

2003

2004

2005

2006

2007

2008

2009

2011

2012

2013

2014

2015



-20,000

-15,000

-10,000

-5,000

0

5,000

10,000

15,000

20,000

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

Job

Flow



128.1%

42.2%

55.5%

28.8%

0%

20%

40%

60%

80%

100%

120%

140%

1990 1995 2000 2005 2010 2015 2020


WaltonRegionFloridaUS

Walton County




Washington County


Washington County

Key Economic Indicators Washington* Region Florida US Jobs1, 2016 6,304 (7) 456,631 9,197,468 158,524,651 Change (%) in jobs from 2009 -7.2% (12) 6.6% 14.1% 9.0% Share (%) of regional employment, 2016 1.4% (7) 100% (X) (X) Number of establishments1, 2016 425 (8) 28,515 644,673 9,590,744 Establishments per 1000 population, 2016 17 (9) 26 32 30 Share (%) of regional establishments, 2016 1.49% (8) 100% (X) (X) Average earnings (all industries)1, 2016 $40,598 (8) $47,943 $53,376 $61,389 Relative earnings (US = 100%) 66% (8) 78% 87% 100% Labor force participation rate2, ACS 2011-15 46.3% (8) 56.9% 59.2% 63.5% Unemployment rate2 (August, 2016), NSA 5.00% (9) 4.60% 4.90% 5.00% Gross regional product (million)2, 2015 $462 (8) $40,390 $827,488 $16,725,284 GRP per capita, 2015 $18,511 (9) $37,614 $41,760 $52,044 Share (%) of regional GRP 1.14% (8) 100% (X) (X) *(Rank among 13-county region)


Construction, 443


290

Manufacturing, 275


240



Government, 2,019

Retail Trade, 744



$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

-60% -40% -20% 0% 20% 40% 60% 80% 100% 120%

Aver

age

Earn

ings

per

Wor

ker




20%

11%

80%

77%

10%

25%

33%

12%

69%

46%

10%

30%

0% 50% 100%

EconomicWell-Being


Business Profile

BusinessDynamics





Washington County


Key Demographic Indicators Washington* Region Florida US Population, 20154,5 24,687 (8) 1,096,420 20,271,272 321,418,820 Population change, 2010-2015, count -209 (11) 66,965 1,469,962 12,673,282 Population change, 2010-2015, percent -0.84% (10) 6.50% 7.82% 4.10% Population, 20254,5 26,800 (8) 1,180,500 22,799,500 347,335,000 Population change, 2015-2025, percent 8.56% (5) 7.67% 12.47% 8.06% Population per square mile, 20164,5 43 (8) 115 376 92 Median age4,6 40.3 (8) 39.0 40.7 37.2 Age composition4,5, 2015 0-17 years 20.3% (9) 21.3% 20.5% 22.9% 18-64 years 62.9% (7) 62.7% 60.7% 62.2% 65+ years 16.8% (7) 16.0% 18.8% 14.9% Education attainment7, 2014 Less than high school 19.60% (7) 12.71% 13.50% 13.60% Higher school graduate or above 80.40% (7) 87.33% 86.50% 86.30% Associates’ degree or above 17.60% (10) 33.29% 35.90% 37.20% Bachelor's degree or higher 11.40% (11) 22.95% 26.80% 29.30% Median household income7, 2014 $38,563 (9) $48,567 $47,212 $53,482 Below poverty7, 2014 19.51% (8) 15.80% 16.67% 15.60% *(Rank among 13-county region)

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45.5%

42.2%

55.5%

28.8%

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60%

1990 1995 2000 2005 2010 2015 2020


WashingtonRegionFloridaUS

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-6,000

-4,000

-2,000

0

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6,000

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Job

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Washington County




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Summary Table

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GLOSSARY Establishment

A company may consist of multiple establishments, which could be dispersed geographically (e.g. in different states) with different industry classifications (e.g. Management of Companies and Manufacturing). Typically, an establishment (or payrolled business location) reflects a physical location that engages in economic activity.

QCEW

The Quarterly Census of Employment and Wages (QCEW) covers almost 98% of jobs in the U.S. and includes employment and wages as reported by employers.

Non-QCEW

Non-QCEW data include military occupations, railroads jobs, nonprofit and religious workers, specific salespersons, and various government workers.

Self-Employed

The Census survey considers individuals as self-employed if that profession generates a significant amount of income or requires a substantial working period.

Average earnings (all industries)

Average earnings include wages, salaries, supplements (employee benefits), and proprietor income. To derive average earnings (all industries), total regional industry earnings is divided by total regional industry jobs.

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Labor force participation rate

The labor force participation rate measures the share of the labor force as a percentage of the civilian non-institutional population 16 years of age and older. The labor force consists of employed individuals and unemployed persons who are available for work and are actively looking for a job (U3 unemployment). The non-institutional population does not include inmates and active duty military in the Armed Forces.

Unemployment rate

The Bureau of Labor Statistics (BLS) distinguishes among six different measures of unemployment (U1-U6). The most commonly used measure is U3 as reported monthly by the BLS. The U3 unemployment rate includes persons who are available for work and are actively looking for employment during a 4-week period prior to the survey. Individuals in that category are considered to be in the labor force. In addition to the U3 unemployment classification, the U6 unemployment rate includes discouraged workers (currently not looking for a job because of economic effects on labor markets), marginally attached workers (currently not looking for a job for other reasons), and part time workers who, for economic reason, are not able to work full time. In December 2016, the seasonally adjusted U3 unemployment rate was 4.8% as opposed to the U6 rate of 9.4%.

Gross regional product

Gross regional product measures total industry earnings (wages, salaries, supplements, and proprietor income), property income (dividends, interest, rent, corporate profits, and capital depreciation), and taxes on production (use taxes, sales taxes, etc.). Equivalent to gross domestic product, GRP reflects the market value of all goods and services produced in a region.

Median household income

The median household income is defined by the income (past 12 months) of the householder and all other household members 15 years and older. Household members do not need to be related to the householder. Unlike an average measure of income, the median household income illustrates that half of all households in an area generate more income and half of all households generate less income. The U.S. Census Bureau collects the data via the ACS over a 12 months period from a sample of over 3.5 million housing units.

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Poverty rate

The U.S. Census Bureau measures the official poverty threshold by multiplying the cost of a minimum food diet in 1963 by three and adjusting the price for inflation in order to obtain today’s value. The poverty threshold varies depending on family size but does not account for geography. For example, in 2015, the poverty level for a family of three with two adults and one child under 18 years was $19,078 regardless of place of residence.

A REGIONAL STRATEGY FOR ECONOMIC TRANSFORMATION …...University of Florida, Bureau of Economic and...

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