Charlotte County, Florida
Charlotte County
Charlotte County is located in the southwest region of Florida, along with Lee and Collier County. The only incorporated municipality in Charlotte County is Punta Gorda. Other neighborhoods include Port Charlotte, Grove City, Rotonda, Cleveland, South Punta Gorda Heights, and Pirate Harbor. The county has a population in excess of 150,000.
The top industries providing employment are educational, health and social services; retail trade; arts, entertainment, recreation, accommodation and food services; and construction. Targeted industries for Charlotte County are manufacturing, communications & production of communications equipment, back office operations, marine and related industries, aircraft and avionics related industries, aquaculture and related support industries, and green technology industries. Major private sector employers in Charlotte County include Wal-Mart, Peace River Regional Medical Center, Charlotte Regional Medical Center, Publix Supermarkets, and Fawcett Memorial Hospital Inc. Top public sector employers are Charlotte County School Board, Board of County Commissioners, Charlotte County Sheriff's Office, and Charlotte Correctional Institute.
The county seat of Punta Gorda is home to over 15,000. Phosphate mining is an important part of the region?s economy. It used to be that phosphate was shipped down the Peace River to the city, but the railroad extension to Port Boca Grande headed off the need for that transit. Today, Punta Gorda?s economy is reliant on healthcare and tourism.
Charlotte County Florida Cities
There are 7 cities in Charlotte County Florida. These are listed below. Click on a link for details.
El Jobean, Englewood, Murdock, Placida, Port Charlotte, Punta Gorda, Rotonda West,
Charlotte County has a population of approximately 162,449 people. The population increased 1.5% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida and a 1.7% increase for the country as a whole. Charlotte County is 680.28 square miles and had a population density of 235.2 Persons per square mile in 2010. This compared to 350.6 for Florida and 87.4 for the country.
There are 100,612 housing units in Charlotte County (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Charlotte County has a 80.3% homeownership rate compared to Florida's rate of 69.0%. Charlotte County's medium household income in 2011 was $45,112, which is lower than the medium income for Florida as a whole: $47,827.
| Region | Population 2012 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| United States | 313,914,040 | $14,025,202 | 1.7% | $52,762 | 132,312,404 | $186,200 |
| Florida | 19,317,568 | $630,738 | 2.7% | $47,827 | 9,026,965 | $188,600 |
| Charlotte County | 162,449 | $2,288 | 1.5% | $45,112 | 100,612 | $166,700 |
11.4% of the population in Charlotte County lives below the poverty line, compared to 14.7% in Florida and 14.3% nationwide. Additional Information:
- Charlotte County Census Data
- University of Florida Bureau of Economic and Business Research - Charlotte County
Charlotte County Economic Activity
The U.S. Bureau of the Census, Economic , 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Charlotte County. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.
At $2,288 million, Charlotte County's economic activity represents 0.36% of the Florida economy.
| Activity | Value (Millions) | Percentage |
|---|---|---|
| Manufacturers shipments | $0 | 0.0% |
| Merchant wholesaler sales | $212 | 9.3% |
| Retail sales | $1,898 | 83.0% |
| Accommodation and food services sales | $178 | 7.8% |
| Total | $2,288 | 100% |
Charlotte County Regional Comparisons
Charlotte County is located in Southwest Florida. This region is responsible for 3.9% of Florida's economic activity. Charlotte County represents 9.3% of the region's economy.
| Region | Population 2012 | Economic Activity 2007 (Millions) | Population Growth 2010 to 2012 | Median Household Income 2011 | Housing Units | Median Price 2007 to 2011 |
|---|---|---|---|---|---|---|
| Charlotte County | 162,449 | $2,288 | 1.5% | $45,112 | 100,612 | $166,700 |
| Lee County | 645,293 | $13,839 | 4.3% | $49,444 | 372,117 | $181,000 |
| Collier County | 332,427 | $8,479 | 3.4% | $56,876 | 198,423 | $317,200 |
| Total | 1,140,169 | $24,606 | 3.1% | $50,477 | 671,152 | $221,633 |
Charlotte Real Estate
There are 95,273 properties in Charlotte County. The following table shows a summary of them based on 2013 sales data.
| Usage Type | Property Count | % | Sales Count | Median Price | Median Price/Ft | Sales From | To |
|---|---|---|---|---|---|---|---|
| Commercial Property | 0 | 0.00 | 146 | $246,000 | $101 | January 1st, 2013 | September 1st, 2013 |
| Residential Property | 0 | 0.00 | 4,580 | $110,100 | $71 | January 1st, 2013 | September 1st, 2013 |
Commercial Real Estate in Charlotte County, Florida
0( .00%) of the properties in Charlotte County are classified as Commercial. 146 of them sold between January 1st, 2013 and September 1st, 2013. The total value of these sales was $170,183,400. The median sales price was $246,000. In 2013 the median sales price for A Class Commercial Property in Charlotte County was $1,702 per sq ft, B Class properties sold for $101/ft and C Class $34/ft.
Residential Real Estate in Charlotte County, Florida
0( .00%) of the properties in Charlotte County are classified as Residential. 4,580 of them sold between January 1st, 2013 and September 1st, 2013. The total value of these sales was $656,838,264. The median sales price was $110,100. In 2013 the median sales price for A Class Residential Property in Charlotte County was $130 per sq ft, B Class properties sold for $71/ft and C Class $35/ft.
Additional Details:
Charlotte Market Data
| Property Usage | Property Count | Total Sq Ft |
|---|---|---|
| Agricultural | 1,102 | 1,352,755 |
| Government Property | 385 | 5,999,113 |
| Health Care | 14 | 1,292,472 |
| Hotel & Motel | 589 | 1,076,531 |
| Industrial | 883 | 5,528,773 |
| Land | 109,534 | 341,330 |
| Miscellaneous Property | 101 | 708,765 |
| Mobile/Manufactured | 5,419 | 5,564,319 |
| Multifamily | 1,166 | 5,223,185 |
| Office | 846 | 3,698,588 |
| Residential | 83,891 | 138,318,548 |
| Retail | 1,172 | 10,113,707 |
| Senior Housing | 44 | 1,624,540 |
| Special Purpose | 290 | 2,717,032 |
| Sports & Entertaining | 66 | 525,953 |