Sarasota County · Florida · South · 85k residents
North Port, FL: economy, jobs & business costs
The site-selection read on North Port: labor costs, talent, corporate tax, energy, and business activity, with the Florida median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,300/wk. Florida's corporate income tax rate is 5.5%. Commercial electricity averages 11.0¢/kWh.
Compare North Port side by side
Avg. weekly wage
$1,300/wk
Corporate income tax
5.5%
Bachelor's degree or higher
29.9%
Commercial electricity
11.0¢/kWh
Economic momentum
How fast North Port's economy is moving, ranked against the US cities we track.
77/100
Heating
Ranks North Port's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $362,500 |
| Price per sq. ft. | $260 |
| Property tax rate | 0.8% |
| 1-bedroom rent | $1,624/mo |
| 2-bedroom rent | $1,496/mo |
| State & local income tax | 0% |
| Sales tax | 7% |
| Corporate income tax | 5.5% |
| Avg. weekly wage | $1,300/wk |
| Bachelor's degree or higher | 29.9% |
| Commercial electricity | 11.0¢/kWh |
| Businesses per 1k residents | 44.1/1k |
| Wage: Software developer | $131,890 |
| Wage: Registered nurse | $86,130 |
| Wage: General manager | $94,900 |
| Wage: Customer service | $42,310 |
| Wage: Warehouse worker | $37,130 |
| Wage: Heavy truck driver | $50,890 |
| Wage: Electrician | $51,930 |
| Wage: Retail salesperson | $35,160 |
| Cost of living index | 102 |
| Groceries index | 103 |
| Utilities | $180/mo |
| Transit pass | $65/mo |
| Gas price | $3.25/gal |
| Healthcare index | 100 |
| Childcare (per child) | $1,000/mo |
| Median household income | $84,049 |
| Unemployment rate | 3.3% |
| Population | 85k |
| Crime index | 45/100 |
| School rating | 5.8/10 |
| Walkability | 34/100 |
| Disaster risk | 98/100 |
| Avg. commute | 28 min |
| Sunny days / year | 240 days |
| July high | 92°F |
| January low | 50°F |
| Annual snowfall | 0 in |
| Home price YoY | -6.5% |
| Home price MoM | -0.4% |
| Rent YoY | -4.2% |
| Rent MoM | -0.5% |
| Employment (jobs) YoY | +2.3% |
| Building permits YoY | +4.3% |
| Ocean coast | 17 mi |
| Big lake | 85 mi |
| Mountains | 493 mi |
| Major airport | 45 mi |
| Ski resort | 595 mi |
Popular comparisons
Nearby
- Port Charlotte, FL · 66k
- Venice, FL · 27k
- Nocatee, FL · 27k
- Lakewood Ranch, FL · 44k
- Sarasota, FL · 57k
Similar size
- The Villages, FL · 83k
- Town 'n' Country, FL · 86k
- Homestead, FL · 83k
- Melbourne, FL · 87k
- Largo, FL · 83k
Real listings in North Port
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is North Port a good place to run a business?
- Florida's corporate income tax rate is 5.5%; average weekly wages in the surrounding labor market run $1,300/wk; commercial electricity averages 11.0¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in North Port, FL?
- North Port indexes at 102 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,496/mo and a acs median home value of $362,500.
- How much does a house cost in North Port?
- The acs median home value in North Port is $362,500 (Census ACS estimate; individual listings vary).
- How much is rent in North Port?
- A two-bedroom in North Port rents for about $1,496/mo.