A Look At Delray Beach Economy

By Jony Mozen


South Florida is one of those places people think of when they consider retirement areas. Not all of the cities in this area are populated with retirees escaping the harsh weather of the northern states. A look at the Delray Beach economy statistics and demographics will give a perfect example of one city that invites a much younger group to constitute the average population.

By reading the last US census you will see that unemployment in this area is points below the national average. Another aspect that does not show in the census is that job growth potential is expected to rise over forty percent over the next five years. In a two income household the average income falls into the range of between fifty and sixty five thousand dollars a year and workers can expect to have full time work in this city.

There has been a twenty five year revitalization plan in progress for this city. The downtown area has been put on a master plan schedule by the city commission and the community redevelopment and this has resulted in many new shops, dining spots attorneys, architects doctors and financial businesses. The advent of such vigorous growth in public and private development has inspired many to work, live and play in the Urban Core of this city.

Millions of dollars have been directed to the center part of the city and with the time controlled growth and redevelopment that is in place the city's economy continues to improve. Much of the employment opportunities available to people are focused in sales, office work and management fields and many service oriented opportunities are also frequently available.

In this town the largest place of employment is the medical center. They employ nearly fifteen hundred people in various positions. The other large companies have positions for three to five hundred people each and most could be classified as service oriented or sales positions. Target and Marriott's are two larger employers in the city.

Employers with smaller staff are usually involved with restaurants, retail shops and financial offices. These operations rarely have more than ten employees at any given time. Many of them are the newer companies that have evolved during the renovation period and are located in the city hub on Atlantic.

There are also multiple hotels and rentals located on the beach front. From these vacation spots people are free to enjoy all the activities offered by ocean front vendors. The city has a four mile stretch of beautiful sandy beaches that reach along the entire eastern border of town. The businesses that attend the beach crowd are open late into the night in stark contrast to the surrounding cities. This area also borders a National Wildlife Refuge that is part of the Everglades.

With slightly over sixty thousand residents in town this area is set to prosper and can offer great opportunities for new business owners and those looking for permanent full time employment alike.




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