11 FUN FACTS ABOUT PALM BEACH COUNTY

BUSINESS

AND ECONOMY

THE FLORIDA DEPARTMENT OF ECONOMIC OPPORTUNITY PROJECTS ROBUST JOB GROWTH FOR PALM BEACH COUNTY— AN INCREASE OF MORE THAN 11 PERCENT BY 2026

Economic Overview Major Industries Job Growth Networking Resources Top 25 Employers Cost of Living

Palm Beach County added 17,000 jobs between 2015 and 2016, and according to the Census Bureau, it had the seventh-fastest job growth among the nation’s 50 largest counties.

With assorted industries including the latest tech innovations, agriculture, a plentiful workforce, an international port and airport, business and tax incentives, and a burgeoning public transit system, Palm Beach County sets the standard for business development. In fact, Chief Executive magazine rated Florida the number-two best place to do business in the United States in 2018, due to the diversity of major industries and attractive incentives offered by the state government. These include tax credits for firms that create high-wage jobs in high-value industries, STEMflorida to connect business with STEM (science, technology, engineering, mathematics) talent pipelines, and more.

Palm Beach County’s major industries include the traditional agribusiness and leisure industries that originally built the Palm Beaches, a dynamic clean tech and high-tech sector, rapidly growing medical and life sciences components, plus aviation and aerospace technologies. The county is a popular location for

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