Naples is a beautiful city on the Gulf Coast in Collier County, FL. The tourism sector is the cornerstone of the Naples Florida economy, which is now vibrant with a fast-growing retail sector, real estate developments and other business growth. The city and surrounding communities in the metro area are also a retiree paradise, and their huge nest eggs lavishly spent on property and retail goods further fuel the economic growth and high rate of job creation.
The ten miles of soft white sand beaches are a big draw for tourists. The Everglades being so close helps too, and so do the pier and a host of other landmarks and attractions. All this adds up to make this city one of the most popular destinations for visitors in Florida. That's kind of a big deal considering that Miami and Orlando get all the families on vacation and the international visitors.
The city stands out from the endless row of beach communities along the coast because of the magnificent beach. Even the Travel Channel agrees that it easily qualifies as America's best beach. People here actually have six beaches to choose from in the area, so there's no dearth of choices. The golfing options are even more awesome, because there are over 80 championship-level golf courses to keep the retirees and residents happy.
But Naples, like all major tourist destinations on the Gulf Coast, has faced significant challenges in the recent past. The Sunshine State was severely impacted by the housing crash and the recession, with property rates plummeting and new developments put on hold. To add to their cup of woes, the BP oil spill effectively derailed all tourism to the Gulf Coast for a couple of years.
The unemployment rate peaked at 12.2% during the worst days of the crisis in early 2010. It took some time for the area to recover from the recession and the oil spill, but the economy has been on a tear since 2012. There are more tourists than ever before, housing prices have stabilized, and obscenely wealthy retirees are once again spending their fat nest eggs buying up property and spending the rest in local shops and businesses.
The Naples metro area now has the largest job growth rate among America's 200 largest metros. The unemployment rate has dropped steeply to a mere 5.4%, and the median household income has risen to $56,759. Predicted job growth all the way through to 2016 has been pegged at a stunning 4.1% annual rate.
Needless to say, such growth doesn't happen by itself. The year-round sunshine, Naples Bay and the white sand beaches are no doubt invaluable assets, as are the Everglades. But it takes a whole lot more than natural beauty and tourists to convince businesses to make investments and create a large number of jobs.
The area is able to secure new investments because of the business-friendly climate and tax policies. The Greater Naples Chamber and city and county officials all work together with the State of Florida to provide any kind of assistance that a new or existing business may need to grow and create jobs. Hiring and retaining skilled talent is easy because of the work-life balance and high quality of life. People want to find jobs here as a long-term career option so that they can relocate and enjoy the good life.
The ten miles of soft white sand beaches are a big draw for tourists. The Everglades being so close helps too, and so do the pier and a host of other landmarks and attractions. All this adds up to make this city one of the most popular destinations for visitors in Florida. That's kind of a big deal considering that Miami and Orlando get all the families on vacation and the international visitors.
The city stands out from the endless row of beach communities along the coast because of the magnificent beach. Even the Travel Channel agrees that it easily qualifies as America's best beach. People here actually have six beaches to choose from in the area, so there's no dearth of choices. The golfing options are even more awesome, because there are over 80 championship-level golf courses to keep the retirees and residents happy.
But Naples, like all major tourist destinations on the Gulf Coast, has faced significant challenges in the recent past. The Sunshine State was severely impacted by the housing crash and the recession, with property rates plummeting and new developments put on hold. To add to their cup of woes, the BP oil spill effectively derailed all tourism to the Gulf Coast for a couple of years.
The unemployment rate peaked at 12.2% during the worst days of the crisis in early 2010. It took some time for the area to recover from the recession and the oil spill, but the economy has been on a tear since 2012. There are more tourists than ever before, housing prices have stabilized, and obscenely wealthy retirees are once again spending their fat nest eggs buying up property and spending the rest in local shops and businesses.
The Naples metro area now has the largest job growth rate among America's 200 largest metros. The unemployment rate has dropped steeply to a mere 5.4%, and the median household income has risen to $56,759. Predicted job growth all the way through to 2016 has been pegged at a stunning 4.1% annual rate.
Needless to say, such growth doesn't happen by itself. The year-round sunshine, Naples Bay and the white sand beaches are no doubt invaluable assets, as are the Everglades. But it takes a whole lot more than natural beauty and tourists to convince businesses to make investments and create a large number of jobs.
The area is able to secure new investments because of the business-friendly climate and tax policies. The Greater Naples Chamber and city and county officials all work together with the State of Florida to provide any kind of assistance that a new or existing business may need to grow and create jobs. Hiring and retaining skilled talent is easy because of the work-life balance and high quality of life. People want to find jobs here as a long-term career option so that they can relocate and enjoy the good life.
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Marbella Isles in Naples Florida is a wonderful community to live in. It offers some of the best Naples Florida Real estate for Sale.
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