Florida

• Aging population: Median age of 43 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

• Largest sector: Health Care and Social Assistance employs 1,373,438 workers (18.5% of the tracked sectors), at an average wage of $70,567.
• Economic scale: State GDP of $1,726.7B (2024).

• Top specialization: Water Transportation concentrates at 4.72x the national norm, strong concentration that anchors the local economy.
• Cluster depth: 8 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base across the state.
• Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment.

• In line with national: Home value to income ratio of 4.8x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
• Elevated vacancy: 14.7% vacancy rate; potential redevelopment opportunity.

• Succession risk is real: 22.7% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.

Florida shows meaningful potential for water transportation attraction, with a 4.72x concentration and 20,590 jobs in this sub-sector. Near-term succession risk is elevated, with 22.7% of the working-age population within 10 years of retirement age.

Cluster depth across water transportation, scenic and sightseeing transportation, and amusement, gambling, and recreation industries creates supply-chain attraction leverage, a structural advantage for industrial recruitment.