A Look At Delray Beach Economy

By Jony Mozen


South Florida is one of those places people think of when they consider retirement areas. Not all of the cities in this area are populated with retirees escaping the harsh weather of the northern states. A look at the Delray Beach economy statistics and demographics will give a perfect example of one city that invites a much younger group to constitute the average population.

In this community it has been shown that a household with two working adults has the capacity to earn well over sixty thousand dollars a year and there is plenty of full time work available for those who want to work. Unemployment levels are beneath the national and state averages according to the most recent census and there is a projected growth pattern of nearly forty percent in the next five years.

There has been a twenty five year revitalization plan in progress for this city. The downtown area has been put on a master plan schedule by the city commission and the community redevelopment and this has resulted in many new shops, dining spots attorneys, architects doctors and financial businesses. The advent of such vigorous growth in public and private development has inspired many to work, live and play in the Urban Core of this city.

Millions of dollars have been directed to the center part of the city and with the time controlled growth and redevelopment that is in place the city's economy continues to improve. Much of the employment opportunities available to people are focused in sales, office work and management fields and many service oriented opportunities are also frequently available.

There are several fairly large employers located there and the largest is the medical center. They provide over fourteen hundred jobs for the people who live here in various capacities from professionals to maintenance personnel. Other companies who have large payrolls are the many hotels and department stores located there. Sales and service are the leading forms of employment in the city.

Businesses with fewer than thirty employees make up the majority of other places of employment. This would include restaurants, boutiques, physical fitness gyms and any other retail and service oriented businesses normally found in cities of this size. The largest number of these smaller businesses can be found on Atlantic Street which runs through the center of town.

There are also multiple hotels and rentals located on the beach front. From these vacation spots people are free to enjoy all the activities offered by ocean front vendors. The city has a four mile stretch of beautiful sandy beaches that reach along the entire eastern border of town. The businesses that attend the beach crowd are open late into the night in stark contrast to the surrounding cities. This area also borders a National Wildlife Refuge that is part of the Everglades.

There are approximately sixty thousand permanent resident in this city and although it is still rather small it has a plan for growth and prosperity that has already shown itself to be successful. The business areas have grown and the recreational boundaries have expanded to the outskirts of adjoining communities. Those who are looking for a fresh start may want to consider this as their new home.




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