Naples, FL Economy


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Naples, FL is an incredibly attractive city for those looking to move. It boasts numerous amenities and attractions for residents, including vast beaches, rich golf courses, and a vibrant cultural scene. The city has many well-known companies based there like Chico's FAS, Arthrex Inc., Beasley Broadcast Group Inc., and Sun Hydraulics Corporation. In terms of housing costs, 2 bedroom rent in Naples is $1,890 per month compared to the US average of $1,430. Additionally, the grocery cost index in Naples is 117 versus 100 in the US showing that food costs are also higher than average. Despite this however, the city offers a higher quality of life with its variety of activities and attractions which make it an ideal spot for those wanting to relocate.

Naples has an unemployment rate of 4.0%. The US average is 6.0%.

Naples has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.

Tax Rates for Naples
- The Sales Tax Rate for Naples is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Naples is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Naples
- The average income of a Naples resident is $84,721 a year. The US average is $28,555 a year.
- The Median household income of a Naples resident is $125,306 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNaples, FloridaUnited States
  46
  -5.4%-6.2%
  39.3%33.5%
  7.0%6.2%
  0.0%4.6%
  $126,941$37,638
  $125,306$69,021
  $178,313$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  5.3%6.8%
  5.0%10.0%
  2.2%2.5%
  14.4%11.0%
  2.3%4.8%
  0.3%0.8%
  1.4%1.9%
  10.2%4.7%
  6.4%1.9%
  12.1%7.6%
  0.1%0.1%
  4.0%4.2%
  8.1%9.3%
  10.5%14.0%
  1.9%2.1%
  9.1%7.0%
  4.3%4.8%
  1.3%4.7%
Reviews for Naples
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When I moved to Naples a few years ago an average one bedroom apartment cost 1000 a month to rent. Now the average one bedroom apartment is over $2200 and rising  More

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Over 2 years ago

This is a beautiful town. Super clean, green, and people are happy. Cost of living is relative to where you are coming from. Also, depends on the area of Naples. The  More

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Warm weather, nice beaches, some good restaurants, and botanical gardens to check out. Unfortunately, the hospitals are terrible, there is not much to do, and too many  More

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