Employment
4th Quarter 2023
203,358
Up 5,780 from Q4 2022
+2.9%
Unemployment Compensation Claims
4th Quarter 2023
432
143 fewer than in Q4 2022
-24.9%
New Single-Family Construction Permits
4th Quarter 2023
160
72 more than in Q4 2022
+81.8%
Median Single-Family Home Sales Price
3rd Quarter 2023
$326,213
Up $7K from Q3 2022
+2.3%
Tourist Tax Receipts
3rd Quarter 2023
$2.09 M
Down $18K from Q3 2022
-0.9%
Tallahassee Passengers
4th Quarter 2023
233,889
20,943 more than in Q4 2022
+9.8%
Unemployment Rate
4th Quarter 2023
3.2%
Up from 2.6% in Q4 2022
+0.6 pts.
Average Weekly Wage
2nd Quarter 2023
$1,060
$64 more than in Q2 2022
+6.4%
Mortgage Foreclosures
4th Quarter 2023
53
10 more than in Q4 2022
+23.3%
Office Vacancy Rate
4th Quarter 2023
5.0%
Down from 5.6% in Q4 of 2022
-0.6 pts.
Industrial Vacancy Rate
4th Quarter 2023
1.6%
Unchanged from 1.6% in Q4 of 2022
SAME
Labor Force
4th Quarter 2023
210,232
Up 7,110 from Q4 2022
+3.5%
Taxable Sales
3rd Quarter 2023
$1.57 B
Down $10M from Q3 2022
-0.6%
Support Small Businesses to Strengthen the Local Economy
According to the American Independent Business Alliance, independent retailers return more than three times as much money per dollar of sales than chain competitors. This means more of each dollar spent at a local, independent business is returned to the community—supporting wages, suppliers and livelihoods. Visit our local business directory to support small businesses in Tallahassee-Leon County.