Demographic Information

A Developing Workforce from Aviation Mechanics to Advanced and Medical Device Manufacturing.

Many industrial experts say the finest technical training is A&P mechanic training (Airframe and Powerplant for aviation). In fact, A&P mechanics have been called the “surgeons” of advanced manufacturing. Charlotte County is also investing in basic manufacturing training that can be easily upskilled.

As America’s population continues to age, more and more people need medical devices. With Florida ranked #1 in people over the age of 65, Charlotte County offers a front row seat to enormous opportunity. We put medical device companies right in front of end users, so they can make products where they sell them. That cuts shipping and distribution costs dramatically. In addition, Charlotte County is an optimal market for testing new medical devices – there’s a large target audience ready to participate.


People QuickFacts      
  Charlotte County 45-Minute Commute Florida
Population 176,954 1,297,547 20,598,139
Households 103,372 695,239 9,348,689
Median Age 58.6 50.9 41.9
Median House Value $176,500 $225,292 $196,800
Avg Annual Salary $38,473 $45,768 $49,417
Cost of Living Index 100.8 99.2 100.1

Source: JobsEQ (July 2020)

 

Charlotte County Grow Projections      
  Low Estimate Medium Estimate High Estimate
Year Population Percent Population Percent Population Percent
2020 169,300 -5.29% 180,100 0.75% 190,000 6.28%
2025 171,900 1.54% 191,000 6.05% 207,300 9.11%
2030 174,000 1.22% 200,400 4.92% 224,300 8.20%
2035 174,700 0.40% 208,400 3.99% 241,000 7.45%
2040 174,700 0.00% 215,600 3.45% 257,700 6.93%
2045 173,400 -0.74% 222,100 3.01% 274,700 6.60%

Source: Bureau of Economic and Business Research (BEBR) - Projections 2017

Population Characteristics
 

Educational Attainment
  Population
Population 25 - 64 years 76,174
No High School Diploma 7,105
High school graduate (includes equivalency) 26,022
Some college, no degree 19,425
Associate’s degree 8,582
Bachelor’s degree 10,235
Graduate or professional degree 4,805

Source - JobsEQ (July, 2020)

Charlotte County Race
  Population
Total 176,954
White 159,598
Hispanic or Latino 12,443
Black or African American 9,735
All Others 7,621

Source: US Census 2010

 

Unemployment Rates


Monthly Unemployment Rates
NUMBERS ARE NOT SEASONALLY ADJUSTED

    Charlotte County Florida United States
Annual 2018   4.1% 3.7% 4.1%
November   3.3% 3.3% 3.5%
October   3.4% 3.4% 3.5%
September   3.5% 3.5% 3.6%
August   4.5% 3.7% 3.9%
July   4.4% 3.7% 4.1%
June   4.3% 3.8% 4.2%
May   3.7% 3.8% 3.6%
April   3.7% 3.9% 3.7%
March   4.0% 3.9% 4.1%
February   4.0% 3.9% 4.4%
January   4.5% 4.1% 4.5%
         
Annual 2017   4.6% 4.2% 4.4%
December   4.0% 3.7% 3.9%
November   4.2% 3.8% 3.9%
October   4.3% 3.9% 3.9%
September   4.6% 4.0% 4.1%
August   4.9% 4.3% 4.5%
July   4.9% 4.3% 4.5%
June   4.8% 4.3% 4.5%
May   4.6% 4.0% 4.1%
April   4.3% 4.0% 4.1%
March   4.6% 4.2% 4.6%
February   5.0% 4.4% 4.9%
January   5.8% 5.2% 5.1%
 
Annual 2016   5.3% 4.9% 4.9%
December   5.1% 4.7% 4.5%
November   5.4% 4.8% 4.4%
October   5.5% 4.9% 4.7%
September   5.6% 5.0% 4.8%
August   5.3% 4.9% 5.0%
July   5.6% 5.1% 5.1%
June   5.2% 4.9% 5.1%
May   4.7% 4.4% 4.5%
April   4.9% 4.5% 4.7%
March   5.1% 4.7% 5.1%
February   5.2% 4.7% 5.2%
January   5.1% 5.1% 5.3%

 

Annual Unemployment Rates

    Charlotte County Florida United States
2017 Annual   4.3% 4.0% 4.4%
2016 Annual   5.8% 4.9% 4.9%
2015 Annual   5.8% 5.4% 5.3%
2014 Annual   6.0% 6.1% 6.2%
2013 Annual   7.2% 7.2% 7.4%
2012 Annual   8.8% 8.6% 8.1%
2011 Annual   10.8% 10.5% 8.9%
2010 Annual   11.9% 11.3% 9.6%

 

Source: U.S. Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics Program, in cooperation with the Florida Department of Economic Opportunity, Labor Market Statistics Center.