Naples, located in Collier County, is one of the most beautiful cities on Florida's Gulf Coast. Tourism is the largest and most important element of the Naples Florida Economy that supports booming real estate and retail growth, and is attracting all kinds of businesses. Not to mention that the Naples metro area is a retiree paradise. Their large nest eggs and heavy spending add more fuel to the economic growth and speed up job creation.
The 10 miles of pristine white sand beach and other attractions and landmarks attract a huge number of visitors each year. Then there are the visitors who come here because it's so close to the Everglades. All this makes the city one of the top tourist destinations in the Sunshine State. That's no small achievement, given the intense competition from cities like Orlando and Miami that suck up all the global visitors and family vacationers.
The Travel Channel has voted the beach here as the best one in America, but visitors actually have more choice because there are six beaches in the area. If that's not enough, there are more than 80 championship golf courses to keep residents and the huge flock of retirees happy and interested.
It's not all a fairy tale, though, because this city and every other beach community on the Gulf Coast have suffered badly in the not-so-distant past. The housing crash and the subsequent recession hit the Sunshine State really hard. Millions of properties were foreclosed and new developments came to a screeching halt. Then the BP oil spill piled on and ruined tourism for another two years.
By Jan 2010, the city's unemployment rate had shot up to 12.2 percent. It took a couple of years to reverse the slide, but things started improving by leaps and bounds in 2012. The tourists came back in droves, the economy improved and wealthy retirees have once again started pumping money into the retail and real estate sectors.
Among the 200 largest metro areas in the country, it is Naples that has the highest rate of job growth now. Unemployed has dropped to a meager 5.4%, while median incomes for households have risen up to $56,759. The 4.1% rate of job growth that puts the metro area at the top nationally is predicted to continue at this rate or higher through 2016.
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 10 miles of pristine white sand beach and other attractions and landmarks attract a huge number of visitors each year. Then there are the visitors who come here because it's so close to the Everglades. All this makes the city one of the top tourist destinations in the Sunshine State. That's no small achievement, given the intense competition from cities like Orlando and Miami that suck up all the global visitors and family vacationers.
The Travel Channel has voted the beach here as the best one in America, but visitors actually have more choice because there are six beaches in the area. If that's not enough, there are more than 80 championship golf courses to keep residents and the huge flock of retirees happy and interested.
It's not all a fairy tale, though, because this city and every other beach community on the Gulf Coast have suffered badly in the not-so-distant past. The housing crash and the subsequent recession hit the Sunshine State really hard. Millions of properties were foreclosed and new developments came to a screeching halt. Then the BP oil spill piled on and ruined tourism for another two years.
By Jan 2010, the city's unemployment rate had shot up to 12.2 percent. It took a couple of years to reverse the slide, but things started improving by leaps and bounds in 2012. The tourists came back in droves, the economy improved and wealthy retirees have once again started pumping money into the retail and real estate sectors.
Among the 200 largest metro areas in the country, it is Naples that has the highest rate of job growth now. Unemployed has dropped to a meager 5.4%, while median incomes for households have risen up to $56,759. The 4.1% rate of job growth that puts the metro area at the top nationally is predicted to continue at this rate or higher through 2016.
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 is a beautiful community in Naples, Florida. This community offers some of the best homes for sale in Naples.
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