South Florida Information
South Florida is experiencing a renaissance in the real estate sector following the bottoming out of the market in 2008. If you are thinking of moving to South Florida, here is some relevant economic information you should know.
1. Florida residents use less energy than most states in the country. In 2010, the Energy Information Administration projected Florida to be 43rd out of 50 states in lowest energy consumption statistics per Capita.
2. Florida is a world class travel destination. In 2011, over 60 million people visited the state, the highest number of any state in the United States.
3. Florida is one of seven US states without a state income tax.
4. Florida is the 15th largest economy in the world.