Economic Development

Live, Learn, Play, Work

It's all in Flagler County, where commutes are measured in minutes, not miles!

A wide variety of housing options for the on-the-go millennial to the CEO, stellar rated schools with flagship programs, and outdoor adventures including 19 miles of pristine Atlantic beaches, 125 miles of biking and hiking trails, the Great Florida Birding and Wildlife Trails, boating and fishing, and innumerable acres of parks for the young and young-at-heart. All in Flagler County. Oh yes, we work!

Fast Facts at a Glance

Population

136,310

2024

Growth Rate

18.14%

2020 to 2024

Households

50,296

2023

Median Household Income

$73,336

2023

Per Capita Income

$63,819

2023

Labor Force

51,503

Annual, 2024

Median Age

53.4

 

Bachelor's Degree or Higher

30.40%

2023

Data sources: U.F. BEBR; US Census Bureau, 2022 American Community Survey 1-Year Estimates; US Department of Labor, Bureau of Labor Statistics, Dec. 2022.

Flagler County Industrial Development Authority

The Flagler County Board of County Commissioners approved the formation of the Flagler County Industrial Development Authority (IDA) as it supports the county's Strategic Action Plan for Economic Vitality, specifically Goal 1, "Diversify and Enhance the Tax Base to improve the Local Economy," and Goal 2, "Develop Competitive Advantages for New and Existing Businesses."

The primary purpose of an IDA is to issue tax-exempt bond financing for certain economic development projects within Flagler County. By utilizing tax-exempt financing, the end user receives a lower interest rate and therefore has a more economically viable project. Tax-exempt bonds may be issued for:

  • Manufacturing facilities
  • Water and sewer projects
  • Solid waste facilities
  • 501(c)(3) non-profit organizations
  • Expansion of qualifying businesses

Proceeds realized resulting from IDA activities will be used to enhance the economic competitiveness of Flagler County.

Learn more about the Industrial Development Authority (IDA)

PACE Program for Commercial Development

The Flagler Board of County Commissioners authorized the Florida Resiliency and Energy District (FRED) to provide services in Flagler County on October 4, 2021. FRED PACE provides an alternative method of financing, approved by Florida Statutes, covering costs of certain energy efficiency and wind resistance improvements to commercial projects. Unlike PACE in other states, Florida Statutes allows this financing mechanism to apply to improvements to existing structures, as well as greenfields.

Ryan Bartkus

Program Director, Florida Development Finance Corporation Administrator
Florida Resiliency and Energy District (FRED)

Phone: 407-276-4223
Email: rbartkus@fdfcbonds.com
Web: www.fdfcbonds.com (opens in new tab)

Flagler County Economic Reports

Monthly economic snapshots for Flagler County, including labor, housing, and demographic indicators.

Looking for an earlier report? Contact the department at tarrington@visitflagler.com.

Resources