North Florida Economic Development Partnership
Jeff Hendry: 850.443.7103 |
Diane Scholz: 850.728.5191 |
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Business is Affordable in North Central Florida

With significant tracts of undeveloped land, competitive taxes and attractive local and state incentives, North Central Florida is a smart place to base your business. And with reasonable housing costs and lower costs of living, your employees will enjoy living here too.

Available Land

Spanning more than 9,100 square miles, North Central Florida has a lot of undeveloped land that is primed for development, with a strong infrastructure already in place. And because land is so readily available here, it’s more affordable to do business here.

Taxes & Incentives

The State of Florida offers excellent tax advantages and incentives to all types of businesses locating in Florida, from corporate headquarters to manufacturing plants to service firms. Explore Enterprise Florida’s thorough website for more details on targeted industry incentives, workforce training incentives and many more programs.

Snapshot of Florida Facts

  • With 19 million residents and nearly 90 million visitors a year, Florida’s GDP places it as the 21st largest economy in the world!
  • Florida has NO—Zero-Personal Income Tax!
  • Florida is a Right to Work State and boasts the 3rd lowest private sector unionization rate in the U.S.
  • The National Chamber of Commerce ranks Florida’s Multi-Modal Transportation Infrastructure as #1 in the nation!
  • #1 Tax Climate in the Southeast for Business (Tax Foundation)
  • Top 5 business tax climate in the U.S. (Tax Foundation, Business Facilities)
  • #1 State for Innovation (Fast Company)
  • #2 Best State for Business (Chief Executive Magazine)
  • #2 for access to capital and funding (Area Development Magazine)
  • #3 in the U.S. for High Tech Business (TechAmerica Cyberstates)

It is a low cost-of-living environment in the Southeast U.S., so everything, from our overhead costs to our labor costs, is more competitive here than in other areas of the country."
~ CEO who recently expanded manufacturing operations in Florida.