N aples – I mmokalee – M arco I sland
Annual Outlook for Naples-Immokalee-Marco Island, FL
June 2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Total Personal Income Pct Chg Year Ago Wages and Salaries Nonwage Income
33.2 6.8 8.6 24.6
35.5 7.1 9.2 26.3
37.8 6.6 9.8 28
40.3 6.4 10.5 29.8
42.7 6.1 11.2 31.5
45.3 6 11.9 33.4
48 6.1 12.6 35.5
50.8 5.8 13.3 37.5
53.7 5.6 14.1 39.6
Real Personal Income (09$) Pct Chg Year Ago
29.3 5.1
30.8 5
32.1 4.3
33.4 4.1
34.7 3.8
35.9 3.6
37.3 3.8
38.6 3.5
39.9 3.3
Per Capita Income (Ths) Real Per Capita Income (09$)
86.5 76.4
90.5 78.4
94.3 80
98.2 81.5
101.9 82.8
105.8 84
109.9 85.4
113.9 86.5
117.8 87.5
Average Annual Wage (Ths) Pct Chg Year Ago
56.4 4
58.8 4.3
61.2 4
63.9 4.4
66.7 4.4
69.5 4.2
72.2 3.9
75 3.8
77.9 3.9
Personal Income (Billions $)
Establishment Employment (Place of Work, Thousands, SA) Total Employment Pct Chg Year Ago
150.9 3.9
155.6 3.1
159.5 2.6
163.3 2.4
167.1 2.3
170.5 2.1
173.7 1.9
177 1.9
180.3 1.8
Manufacturing Pct Chg Year Ago
4.1 1.3
4.2 1.6
4.3 1.5
4.3 0.9
4.3 0.3
4.3 0
4.3 0.2
4.3 0.2
4.3 0.4
Nonmanufacturing Pct Chg Year Ago
146.7 4
151.4 3.1
155.3 2.6
159 2.4
162.7 2.3
166.2 2.1
169.4 1.9
172.7 2
175.9 1.9
Construction & Mining Pct Chg Year Ago
17.4 8.1
18.6 6.4
19.3 3.8
20 4
20.9 4.3
21.7 3.9
22.5 3.7
23.2 3
23.6 1.6
Trade, Trans, & Utilities Pct Chg Year Ago
27.4 1.7
27.9 1.8
28.3 1.6
28.8 1.6
29.2 1.5
29.6 1.3
30 1.2
30.4 1.5
30.8 1.4
Wholesale Trade Retail Trade Trans, Wrhsng, & Util
4.3 21.8 2
4.4 22.3 2
4.5 22.7 2
4.7 23.1 2.1
4.8 23.3 2.1
4.9 23.6 2.1
4.9 23.8 2.2
5 24.2 2.2
5.1 24.6 2.2
Information Pct Chg Year Ago
1.6 1.9
1.6 1.5
1.7 2
1.7 1.7
1.7 1.9
1.8 2.2
1.8 2.1
1.8 1.6
1.9 1.6
Financial Activities Pct Chg Year Ago
8.5 4.5
8.7 3.3
9 2.5
9.2 2.5
9.4 2.4
9.6 2.2
9.8 2.1
10 2.1
10.3 2.2
Prof & Business Services Pct Chg Year Ago
17.6 6.8
18.6 5.5
19.2 3.1
19.9 3.6
20.7 4.3
21.6 4.1
22.2 3
23 3.4
23.9 4.3
Educ & Health Services Pct Chg Year Ago
22.4 3.1
23.1 2.9
23.8 3.3
24.5 2.6
25 2.2
25.6 2.4
26.2 2.5
26.9 2.7
27.7 2.8
Leisure & Hospitality Pct Chg Year Ago
28.3 4.4
28.9 2.2
29.5 2.2
30.1 2
30.5 1.2
30.7 0.6
30.9 0.6
31 0.4
31.1 0.4
9.6 3.3
9.8 2
10 1.6
10.2 1.8
10.3 1.2
10.4 0.9
10.5 0.9
10.6 1.4
10.8 1.2
Federal Government Pct Chg Year Ago
0.7 -2.8
0.7 -0.7
0.8 14.8
0.7 -11.7
0.7 1
0.7 1.1
0.7 1.4
0.7 1.1
0.7 0.7
State & Local Government Pct Chg Year Ago
13.1 1.9
13.4 2.3
13.7 2.2
14 1.9
14.3 2
14.5 1.9
14.8 1.6
15 1.5
15.2 1.3
Population (Ths) Pct Chg Year Ago
383.4 2.4
392.4 2.3
401.2 2.3
410 2.2
418.9 2.2
427.9 2.1
437 2.1
446.2 2.1
455.6 2.1
Labor Force (Ths) Pct Chg Year Ago
164.5 -1.6
164.1 -0.2
166.3 1.3
170.1 2.2
174.6 2.7
179.1 2.6
182.9 2.1
186.5 1.9
190.4 2.1
Other Services Pct Chg Year Ago
Other Economic Indicators
Unemployment Rate (%) Total Housing Starts Single-Family Multifamily
3.9
3.9
4.1
4.3
4.4
4.6
4.7
4.8
5
5200 2641 2560
5441 2531 2909
5745 2602 3143
6124 2741 3383
6338 2836 3502
6531 2927 3604
6648 3023 3624
6615 2985 3630
6602 2942 3659
Institute for Economic Competitiveness
83