Bay County, Florida

• Talent gap: Bachelor's-or-higher attainment trails the national average by 6.1 pts, relevant for advanced-services attraction strategy.

• Largest sector: Accommodation and Food Services employs 13,429 workers (21.1% of tracked sectors), at an average wage of $31,937.
• Economic scale: Regional GDP of $13.5B (2024).
• Wage stratification: Professional, Scientific, and Technical Services averages $82,491 while Accommodation and Food Services averages $31,937, a 2.6x spread in the same local economy, with implications for workforce development and talent strategy.

• Top specialization: Scenic and Sightseeing Transportation concentrates at 6.01x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
• Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
• Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.

• In line with national: Home value to income ratio of 4.2x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
• Elevated vacancy: 27.3% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
• Affordable rent tiers: 3 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,838/mo).

• Succession risk is real: 23.9% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
• Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 56,676 annual credentials.

Bay County shows strong potential for scenic and sightseeing transportation attraction, with a 6.01x concentration and 97 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 23.9% of the working-age population within 10 years of retirement age.

The interconnected base across scenic and sightseeing transportation, heavy and civil engineering construction, and waste management and remediation services creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.