Moving to Florida and thinking about which city is the right for you? Finding a stable, well-paying job is one of the most important aspects of relocating to a new city. If employment in Fort Myers and Bradenton is the deciding factor between the two cities, let’s take a look at the differences between them. In order to better understand which city has the right job opportunities for your needs and for your career, it is important to consider multiple factors such as the biggest employers, unemployment trends, average incomes as well as the cost of living. So, before you get in touch with some of the best movers in Fort Myers to assist you throughout the move, here are some of the main differences in job opportunities between Fort Myers and Bradenton that you should be familiar with.
The job market in Fort Myers
The job market in Fort Myers has been growing and expanding in recent years. The unemployment rate is currently 3.4% which is lower than the national 6%. Unemployment is also expected to keep decreasing in the future as the predicted job market growth is 44%. This is higher than the U.S. average which is expected to be 33.5%. This means that if you’re considering a move to Fort Myers you could expect the economy to keep developing. It will lead to new job opportunities as well as an increase in wages. Currently, the biggest employer in the city is Promise Hospital Fort Myers. Most of the Fort Myers population, however, work in sales, office, and administrative support with management, business, and finance being the second most popular field of work with 13% of the population.
The good news is that the job market is growing. In January 2022 there were 12,700 new job opportunities in the Fort Myers private sector area. Additionally, leisure and hospitality gained 3,600 new jobs in 2022, so if this is your line of work, finding a job shouldn’t be an issue. Healthcare is still one of the biggest sources of employment, while manufacturing, information technology, and financial services are growing rapidly. Educational services are also highly valued as Florida Gulf Coast University is one of the biggest employers.
Cost of living and how it affects the differences in job opportunities between Fort Myers and Bradenton
Fort Myers is one of the most affordable cities in Florida. The cost of living in Florida is similar to the national average. However, Fort Myers is more affordable. This can make up for the fact that the average income here is lower than the U.S. average. To be exact, the cost of living is 4% lower than the national average and 6% lower than the state average. This makes Fort Myers a great place for young professionals, students, and retirees.
When it comes to the income per capita in Fort Myers it is currently $26,415. The median household income is $53,255 per year. This is notably lower than the national median household income which is $57,652. The poverty in Fort Myers is 16.5%, which is higher than the U.S. average of 11.5% of households making less than 15k a year.
Additionally, Florida is one of the few states with no income taxes. The sales taxes are 6.5%. Another benefit of living in Fort Myers is affordable housing. Housing is up to 5,1% more affordable in Fort Myers than in Bradenton with the median home cost being $269,700. Keep in mind that because the city is growing more and more people are moving here, so if the housing costs are increasing. If you want to relocate to Fort Myers now is the time to start contacting commercial moving companies in Fort Myers and start your relocation!
The job market in Bradenton
Before you start researching commercial movers in Bradenton, keep reading to learn more about the job market. The job market in Bradenton is growing but at a slower rate than in Fort Myers. The expected growth is 42% in the future, while the current unemployment rate is 4.7%. The growth in employment has been steady over the years and many new job opportunities are arising each day. One of the differences in job opportunities between Fort Myers and Bradenton is the main employers. If you work in aerospace and aviation, the tech industry, or logistics, Bradenton may be the better option for you. Many large companies are hiring people for different positions. Bradenton can be a great city to head start and develop your career. Some of the main employers are:
- Manatee Memorial Hospital
- IMG Academy
- Bealls, INC.
- Tropicana Products
- SYSCO West Coast Florida
- Blake Medical Center.
The median household income is $42,902, while the average income per resident is $22,000 which is lower than the national average of $28,000. Bradenton poverty statistics show that 14% of residents make less than 15k per year, lower than the U.S. average and lower than in Fort Myers. Finding a job in Bradenton after moving with some of the best movers in Bradenton shouldn’t be a problem, especially now that unemployment has been increasing and new companies are opening up in the city frequently.
Bradenton is slightly more expensive than Fort Myers
The cost of living in a city is very significant when trying to determine whether the opportunities for work are good enough. The average income is a good measurement when you compare it to how much an average resident needs to spend to live comfortably in the City of Bradenton. Now, Bradenton is 1,4% more expensive than Fort Myers. However, that doesn’t change the fact that most amenities in the city are still more affordable than in the rest of Florida and the U.S.
The two major differences are in housing costs and healthcare. One of the biggest benefits of Bradenton is that healthcare is 16,4% less costly than in Fort Myers. The second difference is the housing costs. Housing is 5,1% more expensive. The median home price is $283,400. These factors can be crucial when you consider the differences in job opportunities between Fort Myers and Bradenton. Hopefully, this makes it easier to choose the right city for you!
Now that you have a whole picture, you can decide which city suits you better
Both these cities have more than enough opportunities to build any career. But, as many things in life, which one is better depends on personal preferences. Now that you have all the data you need and you’re aware of the differences in job opportunities between Fort Myers and Bradenton, your choice will be much easier to make. Assess all the pros and cons of both places carefully once more, and wherever you decide to move, we wish you nothing but the best of luck!