Coral Springs, Coconut Creek and Parkland are located in Broward County, the second largest county in the State of Florida. Broward County has the second highest household personal income in the state with an annual rate of growth that persistently outperforms the national average.
Broward County is the geographical center of South Florida providing a central hub for 43,000 businesses that call the area home reaching more than 4 million consumers. The presence of a major international airport and dynamic seaport gives local businesses access to the global marketplace. Highways, railways, airlines and cargo ships come together within a 1.5-mile radius, so shipping products domestically or internationally is easy.
Palm Beach, Broward and Miami-Dade Counties comprise the so-called Internet Coast. Presently, the Internet Coast ranked 4th in the US in the number of high-technology companies with nearly 6,500 businesses generating the 2nd highest sales per employee in the country. There are currently two tier-one Network Access Points in South Florida to serve its growing community of high tech firms and to meet the increased need for Internet gateways to Latin American countries.
South Florida's work force is now growing by approximately 37,500 annually and revenue generated by high-tech companies in the region has grown by 62% to more than $29.3 billion in four years. The Internet Coast region was named the #1 location in the country for successful growth of small business by Entrepreneur Magazine and Dun and Bradstreet.
Many businesses find the Florida tax structure extremely advantageous. Although about half of the state's general revenue comes from a 6% sales tax, there are no state personal income tax, no state property tax, no inventory tax and no corporate franchise tax on capital stock.
With a labor force consisting of approximately 2.5 million people in the tri-county area, you are bound to find the ideal candidate for employment. Many colleges and universities in the area ensure access to an educated workforce.
Coral Springs industries providing employment include educational, health and social services, 17.6%, retail, 16.1%, professional/scientific/management/administrative/wastemanagement services, 12.9% and finance/insurance/real estate/rental and leasing, 10.1%. The median household income in Coral Springs is $60,000, almost 89% of residents have a high school or higher education and approximately 44% hold a Bachelors or Graduate degree. The average commute is 28 minutes.
Coconut Creek industries providing employment include educational, health and social services, 15.7%%, retail, 15.1% and professional/scientific/management/administrative/waste management services, 14.1%. The median household income in Coconut Creek is approximately $46,000, almost 88% of residents have a high school or higher education and just over 36% hold a Bachelors or Graduate degree. The average commute is 26 minutes. Coconut Creek prides itself on its hassle-free business licensing process and caring city staff available to answer your questions about opening a business.
Parkland industries providing employment include educational, health and social services, 18%, retail, 12.1%, professional/scientific/management/administrative/waste management services, 17.2% and finance/insurance/real estate/rental and leasing, 12.3%. The median household income in Parkland is $103,000, almost 94% of residents have a high school or higher education and over 71% hold a Bachelors or Graduate degree. The average commute is 28 minutes.
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