Boca Raton, Boynton Beach and Delray Beach are located in Palm Beach County. Palm Beach County holds one of the highest household personal income ranks in the state, with an annual rate of growth that persistently outperforms the national average.
Palm Beach County is a a flourishing center in South Florida. The presence of a major airports 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.
Boca Raton, Boynton Beach and Delray Beach industries provide strong employment in the educational, health and social services sector as well as the retail, professional/scientific/management/administrative,and finance/insurance/real estate/rental and leasing sectors.The median household income in the area 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 25 minutes.
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