Quarterly Economic Dashboard

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Private sector employment in Q2 2026 increased by 1,100 compared to Q2 2025, while public sector employment decreased by 900.
Employment
2nd Quarter 2026
201,300
Up 200 from Q2 2025
+0.1%
Initial Claims for Unemployment Compensation were 82% less than the 10-year Q2 average of 2,887 during 2016-2025.
Unemployment Compensation Claims
2nd Quarter 2026
523
110 fewer than in Q2 2025
-17.4%
Permits totaled 189 in Leon County (City of Tallahassee, 120; Unincorporated Leon Co., 69), 7% higher than the 10-year Q2 average of 177 permits during 2016-2025.
New Single-Family Construction Permits
2nd Quarter 2026
189
31 more than in Q2 2025
+19.6%
Median Sales Price has decreased for two consecutive quarters. Sales volume rose 5.9% year-over-year, from 726 single-family homes in Q1 2025 to 769 in Q1 2026.
Median Single-Family Home Sales Price
1st Quarter 2026
$330,000
Down $5K from Q1 2025
-1.5%
Receipts in Q1 2026 were 44% higher than the 10-year Q1 average of $1.68M during 2016-2025.
Tourist Tax Receipts
1st Quarter 2026
$2.41 M
Up $170K from Q1 2025
+7.6%
Q2 2026 was 15% more than the 10-year Q2 average of 189,665 during 2016-2025.
Tallahassee Passengers
2nd Quarter 2026
218,598
18,176 fewer than in Q2 2025
-7.7%
Since 2021, the quarterly average Unemployment Rate has been under 5% 18 of 20 quarters.
Unemployment Rate
2nd Quarter 2026
4.9%
Up from 3.7% in Q2 2025
+1.2 pts.
Average Weekly Wage had quarter-to-quarter increases in 12 of the past 20 quarters. The quarterly gain of $129 was the most since the $144 increase in Q4 2023.
Average Weekly Wage
4th Quarter 2025
$1,301
$76 more than in Q4 2024
+6.2%
Foreclosures in Leon Co. in Q2 2026 were 10% lower than the 10-year Q2 average of 86 during 2016-2025.
Mortgage Foreclosures
2nd Quarter 2026
77
9 more than in Q2 2025
+13.2%
Office Vacancy has been under 6% every quarter since Q2 2022.
Office Vacancy Rate
2nd Quarter 2026
5.3%
Up from 4.8% in Q2 2025
+0.5 pts.
Q1 2026 was the first time since Q4 2017 that Industrial Vacancy exceeded 4.0%.
Industrial Vacancy Rate
2nd Quarter 2026
4.3%
Up from 3.3% in Q2 2025
+1.0 pts.
Since 2021, the Labor Force has increased year-over-year in 18 of the past 20 quarters.
Labor Force
2nd Quarter 2026
206,964
Up 489 from Q2 2025
+0.2%
Consumer nondurables accounted for 30% of taxable sales in Q1; tourism and recreation, 23%; autos & accessories, 22%; business investment, 13%; and other items, 12%.
Taxable Sales
1st Quarter 2026
$1.61 B
Down $17.3M from Q1 2025
-1.1%

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 communitysupporting wages, suppliers and livelihoods. Visit our local business directory to support small businesses in Tallahassee-Leon County.