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Charlotte County, FL

RANK #989 / 996  ·  POP 189,900  ·  FL

PROJECTED GROWTH: -5.2%

Charlotte County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Charlotte County?

Punta Gorda, the county seat, stands out as a historic town overlooking Charlotte Harbor, featuring brick streets and restored late 19th and early 20th-century buildings. Charlotte County, located on Florida's southwestern coast, is approximately 100 miles south of Tampa and 30 miles north of Fort Myers. The community offers a relaxed, coastal atmosphere with extensive natural amenities, including 219 miles of shoreline, over 70 parks, and numerous waterways. Residents and visitors can enjoy kayaking in Charlotte Harbor, cycling on trails like the Cape Haze Pioneer Trail, or exploring environmental parks such as Cedar Point Environmental Park, which features mangrove forests and salt marshes.

Life in Charlotte County is characterized by its outdoor focus and a blend of demographics, including retirees and families. The public school system, Charlotte County Public Schools, serves areas like Port Charlotte, Punta Gorda, and Englewood, with top-ranked schools including Florida Southwestern Collegiate High School. While public transportation is available as a shared-ride, curb-to-curb service, many residents rely on personal vehicles for commuting. The local economy is experiencing growth, with recent developments in industrial and logistics sectors, particularly around the Punta Gorda Airport. Healthcare, retail, construction, and hospitality also contribute to the economic landscape.

[02] Market Snapshot

Housing Ratio
6.7x

Above national median (4.7x)

GDP Growth
+5.2%

Well above national median

Home Prices
-12.1%

Prices declining

Climate & Terrain
5.1

Favorable climate & terrain

Price/Rent
12x

Strong rental yield

Housing is fairly valued at 6.7x relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Charlotte County U.S. National

The Numbers

DEMOGRAPHICS
Population
189,900
+2.74% YoY
Median Household Income
$62,164
Median Home Value
$265,800
-12.13% 12mo
Median Rent
$1,206
Average Annual Pay
$54,082
+3.2% YoY
Employment
56,024
+4.4% YoY
Income-to-Home-Value
0.2339
Near national average
Migration Inflow
3.58%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$320,000
Days on Market
77
Slower market
Months of Supply
6.2
Buyer's market
Sale-to-List Ratio
95.6%
Negotiation room for buyers
Sold Above List
6.8%
Listings w/ Price Drops
35.8%
Building Permits (2024)
4,585
Single-Family Permits
3,583

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$349M
TOTAL
PROJECT AMOUNT STATUS
Amazon Logistics/Distribution Center
Amazon
$100M Under Construction
Green Pasture Solar Farm
Florida Power & Light Co.
$74M Operating
FPL Babcock Ranch Solar Energy Center
Florida Power & Light Co.
$74M Operating
Boca Grande Peninsula Resort & Marina
Unknown
$50M Under Construction
Livano Charlotte Harbor (Apartment Complex)
Unknown
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +5.2% 85 percentile
Population Growth +2.7% 94 percentile
Income Growth +7.4% 24 percentile
Vacancy Rate 1.6% 18 percentile
Rent Growth -0.9% 5 percentile
Price/Rent 12x 68 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Charlotte County, FL a good place to move to?

Charlotte County has a Boom Town Index score of 1/100, ranking #989 among 996 U.S. counties. With job growth at +4.4% and a median household income of $62,164, it faces some economic headwinds compared to faster-growing counties.

Is Charlotte County affordable?

The median home value in Charlotte County is $265,800 with median rent at $1,206/month. The income-to-home-value ratio is 0.2339, which is less affordable than the national average.

Is Charlotte County growing or shrinking?

Population growth: +2.7% year-over-year. Job growth: +4.4%. Home values changed -12.1% in the past 12 months.

Are people moving to Charlotte County?

Yes — 3.58% of Charlotte County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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